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Pros And Cons Of The Health Care Industry

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Health Care Industry:
Where Do We Stand? Currently, our nation seems to be widely dived in just about everything, and health care is no different. We have the side that believes that our current state for health care is a disaster and we have the side that believes that with Obamacare we are tracking. In the end of the day we still don’t have a health care industry that fully benefits many individual’s needs and that provides a free market that encompasses all. It’s amazing how the United States spends more money on health care than any other nation and we are talking in the trillions of dollars and still, we have millions of people left without health coverage. To top this off, we also have one of the lowest life expectancies as well as a high infant mortality rate compared to other wealthy nations. So we ask our self why just about every developed country in the world has a universal health care system that …show more content…

To star, we first have been dealing with an absence of cost controls that would take a very long time to fix. Second, as good as it might seem to have universal health care, the negative impact would be an extreme cost to implement that would ultimately fall on the tax payers and without private competition we will see a fall in the quality of health care and of course the countless people that would be laid off from the private sector. So how to we survive without universal health care? Well some of us use health insurance and become insured. This type of insurance helps cover the cost of a person's medical and surgical expenses by paying a premium every year to obtain health coverage. So when a medical emergency or health issue arises that might require a surgery and/or hospitalization, the health insurance company will reimburse the insured in cash or directly paying the hospital or

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In Germany, there is a 10 euro copay every 3 months. Additionally, every German citizen has health care even if they lose there job. Furthermore, hospitals are in the private sectors. This leads to many choices of doctors and hospitals. The German healthcare system has been successfully executed by the taxing the rich through there income.

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224 Words | 1 Pages

The US is plainly an exception being one of the main created nations without all-inclusive medical services and by a long shot the wealthiest without it. It is well inside the capacity of the United States to give universal healthcare. Individuals can contend about the financial advantages and disadvantages of universal services; however, the absence of social insurance to everybody in the US is an ethical issue. While different nations have medicinal services to be a right, the United States regards it as a benefit. Universal healthcare services is more affordable of the fact that it has much lower regulatory expenses and permits compelling cost controls.

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1259 Words | 6 Pages

Developed countries around the world have embraced the universal healthcare, with America being the only exception. Access to healthcare is considered one of the most important things for the progress of a country. However, many people in America consider that the healthcare system in the country is quite inefficient. It is estimated that more than 45 million Americans have no medical insurance.

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679 Words | 3 Pages

The Equality of Universality The United States enacts the archetypal form of capitalism. The free market based society has benefits, but the U.S.’s obstinacy with the system, such as with healthcare, is its downfall. Atul Gawande in “Getting There From Here” discusses that although other industrialist nations have embraced universal healthcare, Americans, especially during the Regan and Thatcher era, still associate it with communism: “Yet wherever the prospect of universal health insurance has been considered, it has been widely attacked as a Bolshevik fantasy—a coercive system to be imposed upon people by benighted socialist master planers” (Gawande, 2). In order to understand why the U.S. has not transitioned into a single-payer healthcare

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318 Words | 2 Pages

As the nation readies itself to make the transition from an Obama to Trump administration, Healthcare reform is at the top of the political agenda. Historically, healthcare reform proposals have been passionately debated with partisan politics, sometimes complicating or obfuscating attempts to reform. For example, in 1965, despite continued vocal opposition from the American Medical Association (AMA) and conservative Republicans, legislation establishing Medicare and Medicaid programs were signed into law under President Lyndon B. Johnson (Taylor, 2014). Most recently, of the 2010 Affordable Care Act (ACA) was adopted and subsequently implemented only after partisan divisiveness and bitter congressional fights. Despite its’ rocky history, health

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1293 Words | 6 Pages

Depending on the medicine or help they need is what part they would be enrolled in. Medicare Part D is a well-known part; this is the insurance help with prescription drugs. The person enrolled in this can get help or even have their medicine paid for though the Affordable Care Act. This is topic is further discussed in what is Medicare. Although when people hear the Affordable Care Act most people think it’s just for the elderly but it also play a big role for young adults as

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412 Words | 2 Pages

Why deny people care for their health? Overall the universal healthcare system would benefit the citizens of the United

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429 Words | 2 Pages

The U.S. has the greatest health care system in the world. Problems exist in regards to access to care. These problems are due to misguided policy decision. The current system fails to produce the mix of physicians and leaves thousands of qualified medical graduates without a way to participate in the health care workforce eve with training. This issue has yet to be addressed by the Affordable Care Act (commonly known as Obamacare).

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1254 Words | 6 Pages

Universal Healthcare, a Right of Every Citizen Try for a second to fill the shoes of one of the 44.3 million Americans less than 65 years of age currently without any medical coverage (Department of Health & Human Services). These people are strained to live in a nation at the forefront of medical advance with several of the best hospitals and leading research institutes without being able to access any of the services they provide. Arguably the most vital and needed thing, health, certainly should not be taken lightly as someone’s life is often in jeopardy. So how can a country so progressive and sophisticated that has no trouble uniting to face wars, financial and natural catastrophes not supply medical coverage to its most imperative commodity,

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1195 Words | 5 Pages

Moreover, there are strong financial justifications for universal healthcare. Evidence demonstrates that universal healthcare can result in long-term cost savings for both individuals and the government, dispelling the myth that it is not financially viable. For example, compared to the United States, nations with universal healthcare systems frequently spend less per person on healthcare and get better health outcomes. America may achieve overall cost reduction and increased efficiency by promoting preventative care, negotiating cheaper drug prices, and streamlining administrative costs by implementing a universal healthcare model (Kahn & McDonough, 2018). III.

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First, it would fulfill what the Constitution has set out for the government to do. According to the Preamble of the Constitution, the government is supposed to promote the general welfare, and in the Declaration of Independence the people have unalienable rights, such as life (Right to Health Care). By having health care for all, the government would be fulfilling its purpose it was set out to do. Next, universal health care could potentially lower costs. According to Right to Health Care, it is estimated that the total amount of money spent on healthcare would be lowered by $592 billion, if made fully public.

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1095 Words | 5 Pages

For many years, universal health care has been one of the most debated topics in the U.S., and several people disagree with bringing it about. Of course, we could go on and on about how and why we shouldn’t have a universal health care system, rather than why the U.S. should institute universal health care and why it would be beneficial. But what exactly is a universal health care system? It is defined as “Universal health coverage is defined as ensuring that all people have access to needed promotive, preventive, curative and rehabilitative health services, of sufficient quality to be effective, while also ensuring that people do not suffer financial hardship when paying for these services.” by the World Health Organization, WHO.

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741 Words | 3 Pages

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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1136 Words | 5 Pages

As Bernie Sanders once said, “Health care must be recognized as a right, not a privilege.” Most developed countries choose to live by this quote while the United States of America chooses to go against it. Universal health care has benefits on multiple levels, whether it’s a single individual or the people in a whole. The U.S is one of the few developed countries that doesn’t offer universal health care to their people, yet the U.S spends more than seventeen percent of their GDP on health insurance. Many people believe that universal health care is a simple one solution problem, but the truth is that there are multiple forms of universal health care that provide all citizens with the health insurance they need.

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714 Words | 3 Pages

Healthcare as a market good in the US is complex because yes healthcare is treated as an economic good in the general sense but also healthcare can be seen as a social good in the US. The US healthcare system is a mixture of a market and social system, this mix makes the US healthcare system very unique when compared to other nations. The treatment of healthcare as a market good is relatively consistent among public and private healthcare sectors because individuals can still choose if they want to have healthcare or not. In the public sector, even if a person is eligible for healthcare the individual can still decide not to obtain insurance if they do not want it. In the private healthcare sector individuals still have a choice on whether to buy into healthcare

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