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Capitalism In Health Care Essay

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If we consider the scope of the evolution of modern medicine, it is a truly marvelous world of new discoveries that further the end goal of safeguarding human life, such a precious need that those in the field of medicine invest all their resources and potential towards the objective of preventing illness, removing the affliction, and helping the patient recover. However, despite the honorable motives, patients seeking treatment are faced with a convoluted health care system to navigate through, this being primarily true for those that are financially burdened. It is estimated, in the United States in 2016, that there were approximately 27-28 million people who did not have health insurance, a majority saying they could not afford it. Before the Affordable Care Act under …show more content…

Unfortunately, this is the case in the U.S. The American healthcare system has been handicapped by the greed of insurance companies who cut corners to expand profits, continually raise premiums and deductibles, and stop coverage for certain illnesses. Traditionally, in a capitalist market, we see opposing businesses competing for the largest consumer base, bringing down prices for goods and services, on the contrary, the U.S. health insurance market is the opposite, with prices rising every year. A concept the American system seems to ignore is preventative care, because if someone is sick, their treatment will bring in money, an unethical way of going about medicine leading to rises in problems like obesity, which can be halted using early prevention. When I think of an ethical dilemma in our modern world, the concept that strikes me first is the idea of making money off from the suffering of others. In my own life, my father lost his job after the market crash in 2008, our families spending was sharply cut, including health

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