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Health Economics Debate Paper

781 Words4 Pages

Colleen Lachnicht
10/27/2015
Dr. Gaskin-Butler
Debate 2

Health Economics. (2008). W. A. Darity, Jr. (Ed.), International Encyclopedia of the Social Sciences (2nd ed., Vol. 3, pp. 440-441). Detroit: Macmillan Reference USA. Retrieved from http://go.galegroup.com.ezproxy.lib.usf.edu/ps/i.do
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The evolution of our modern health care systems and the development of a “health economics that applies the tools of microeconomics to individual and societal decisions regarding the allocation and distribution of resources to the production of health and health care services” are discussed in this piece (Health 2008). Gradual shifts toward a supply and demand model for health care …show more content…

The fact that in our country, health care facilities and providers are run on a for-profit basis shows how upward mobility is obtainable by some members of society and not others. Governments are major third-party payers in our privatized system, and they’re extremely hesitant to expand their care coverage to a more …show more content…

(2002). Economic Status and Health in Childhood: The Origins of the Gradient. The American Economic Review, 92(5), 1308-1334. Retrieved October 26, 2015, from JSTOR.

Feagin, J., & Bennefield, Z. (2014). Systemic racism and U.S. health care. Social Science & Medicine, 103, 7-14. Retrieved from http://dx.doi.org/10.1016/j.s ocscimed.2013.09.006 Health Economics. (2008). W. A. Darity, Jr. (Ed.), International Encyclopedia of the Social Sciences (2nd ed., Vol. 3, pp. 440-441). Detroit: Macmillan Reference USA. Retrieved from http://go.galegroup.com.ezproxy.lib.usf.edu/ps/i.do? id=GALE%7CCX3045301004&v=2.1&u=tamp44898&it=r&p=GVRL&sw=w&asid=5a9a947767cc592b4a6a71b2a77d8d56 Lessard, R., & Raynault, M. (2009). Public Health and Poverty. Canadian Journal of Public Health, 100(4), 247-8. Retrieved from

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Light in “Introduction: Ironies of Success” examines how health and capitalism are interwoven in the U.S.: “the professionally driven health care system was a capitalist’s dream” (Light, 12). Medical monopolies came into formation to stop the decrease in medical salaries due to the increase in medical professionals. Elitist medical professionals marginalized alternative medical doctors and midwives and began prioritizing developing new medical technology over patients being able to afford medical care. In conjunction, private insurance companies offer low premiums for low-risk patients so that they are less likely to have to pay for their clients’ medical needs. This means that non-profit insurances, like Blue Cross and Blue Shield, endure more high-risk patients: “Risk-related private insurance left the Blues with an ever higher-risk profile left in their community-rated pools” (Light, 14).

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Two-Tier health care system would benefit Canadians because it would be more efficient, retain doctors and shorten the wait time. Chernomas’ magazine provides information about the Canadian health system that is authorized by the Canada Health Act(CHA) that controls 3 subsectors, administration, hospitals and physicians. The overall economy is stable with the shares of the hospital and physician cost but the share of the health care cost are increasing and the “public” subsectors have a decline in the shares that they spend on health care. The increase in of health care expenditures is due to the private-for-profit sector that is outside the scope of the public system. The use of health care is questionable because of many new and expensive drugs and the decline in inpatients in Canada.

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The real debate is how can we accomplish the goal of universal healthcare in the most affordable and sustainable way. The United States is evaluated as a wealthy country, yet there are more penurious countries who provide health maintenance, paid through higher taxes. “In the United Kingdom and other European countries, payroll taxes average 37% - much higher than the 15.3% payroll taxes paid by the average US worker” (Gregory). With this data, the only reform would be to end the private health insurance companies of dominant health services, and incorporate a single payer system. Conversely, it is factual that taxes will rise, but the implementation of universal healthcare will better the health of American citizens.

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46.8 million Americans were reported as uninsured in 2013, which equivocates to one sixth of the population. Those without insurance have revealed that they risk “more problems getting care, are diagnosed at later disease stages, and get less therapeutic care” (National Health Care Disparities Report) and those insured risk losing their insurance. Inadequately covered citizens are often working-class individuals who simply cannot receive insurance due to uncontrollable inconveniences and therefore jeopardize having medical coverage. In these instances, Americans have a chance of being diagnosed with diseases that they had no opportunity to prevent or could not diagnose them at an early stage of the illness. Patients have suffered unnecessarily due to lack of health care, and “18,000 Americans die every year because they don't have health insurance” (PNHP).

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