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Why Is Healthcare Good In The United States

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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 …show more content…

Proponents of consumer driven care have argued that “The promise of greater consumer control over their dollars, greater choice of providers, personalized decision support, and the potential to stem Americans' propensity for more care without anonymous parties assessing its costs and benefits…” is an appealing aspect to consider; however, the opposition have a “fear of adverse risk selection and disproportionately greater out-of-pocket costs for those who are sicker or poorer.” (Gauthier and Clancy, 2004) These aspects bring about benefits and limitations of healthcare as a market or social good. A benefit for healthcare as a market good is that “access to medical care can be seen as a reward for personal achievement.” (Shi & Singh 2015:65) A limitation of this is that it may been seen as way to leave people out of care if they don’t achieve a standard to obtain care. A benefit is also that the production of healthcare is “determined by how much consumer are willing to pay at current market prices…” (Shi & Singh 2015:65) however, a drawback of this is individuals serve their best interest neglecting the needs of

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you can't always shop for health care.” One of those reasons is that “...health care's emotional component is not economically unique.” People may shop base on “an emotional basis”. Along with it, it is definitely unworkable for a person to get a healthcare plan if they are senseless, like McCardle has said “No, you can't shop for health care when you're unconscious, or when you're in acute or emergent situations.” Those argumentations led to a solution which both the federal plans and the free market.

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536 Words | 3 Pages

As of today, I believe that people including myself pay an excessive amount of money for health insurance and for co-pays and receive minimal benefits. There are more things listed under health insurance policies that the insurance companies are not going to cover than procedures that they are willing to pay for. By having some correlation between the cost of health insurance and the benefits that we, the clients, are receiving will not only benefit us, but also benefit the companies by increasing revenue. More people won’t be reluctant to spend money on health insurance, less money can be taken from tax payer’s wages for governmental insurance plans, and more people will seek better health

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1605 Words | 7 Pages

but it also greatly reduces the administrative and non-medical waste that has no benefits to patients. Pursuit of profit and wealth should not be in a field that is meant to care for others; companies and corporations are maximizing on patients’ misfortunes and are therefore shortchanging the quality of care in order to get the most money. This was warned by Maimonides in 1190 AD when he said “Do not allow thirst for profit, ambition for renown, and admiration to interfere with my profession for these are the enemies of truth and can lead me astray in the great task of attending to the welfare of your creatures” (Nelson, Alan). Despite the fact that a single payer universal healthcare system is not advocated by any current presidential candidate, it is both morally and economically the most sound system.

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474 Words | 2 Pages

Afterward educating the population on wellness and preventive care rather than tertiary or up-and-coming care to reduce expenditure. Reducing subsidy without such discussion places the population at risk and loss of lives. Establishing the true value of health care and products sets the foundation for future reform (Knickman & Kovner, 2015, p. 258).The frequent cut of funds and resources while the demand for care is still high is being felt in many areas. Without support of funding and attempting to maintain the same level of care to the same high volume of patients is a serious risk for providers and patients alike. We have

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1133 Words | 5 Pages

Is it possible for doctors to provide better care at a lower cost? Is it ethical to mandate individuals to get insurance by violating their right to choose? Four fundamental goals have shaped our health care system. First, we want high-quality care that can provide the greatest benefits. Second, we want freedom of choice so that we can decide the “who, when, and where” for our health care.

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Instead of defending one’s right to live, government would decide if one ought to live. And even if universal healthcare permits one to live, that one would find himself living in a less free and entrepreneurial society; a society that is supposedly good for everyone

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644 Words | 3 Pages

In America, universal healthcare would diminish principles important to the functioning of society; specifically, it would diminish individual liberty, free enterprise and free markets, and the right to life. In as much as the government bureau mandated by universal healthcare makes decisions concerning the health ways and medical treatment of individual Americans, it diminishes individual liberty. The purpose of

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537 Words | 3 Pages

When it comes to health care systems, there is no one-size-fits-all approach that works for every country. Each system has its own strengths and weaknesses, and the success of a system depends on many factors such as the country's economy, demographics, and cultural values. In terms of economics, there are two main types of health care systems: the market-based system and the single-payer system. In this essay, I will argue that the single-payer system is better in terms of economics.

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1511 Words | 7 Pages

Ronald Dworkin argues that the prudent insurance approach provides justice in health care and is a satisfactory method of providing universal health care in America. This is in contrast to the rescue principle, which, according to Dworkin, is completely inadequate and has done more harm than good. Here, I respond to Dworkin’s argument by pointing out an issue with prudent insurance. The prudent insurance approach fails to consider the fact that there are different types of health care needed by different people depending on their age and gender. If this point is taken into consideration, it becomes evident that the prudent insurance approach is flawed.

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363 Words | 2 Pages

Proponents argue that no one on earth should go without healthcare. Healthcare has come increasingly unaffordable so small businesses choose not to offer healthcare to their employees. Free medical services will encourage people to get treatment and take

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1446 Words | 6 Pages

This concept is based on three main features. The first of these features involves understanding what the decent minimum means in a society-relative sense, meaning that government provided services in a particular society must depend upon the resources that are already present in that society and what is given to citizens under the umbrella of the right can be adjusted depending on what is accessible by the society (Buchanan, 1984, p. 58). The second feature involves making strides to avoid the excesses of what is known as the strong equal access principle. The strong equal access principle states that everyone has an equal right to the best healthcare available to them and this leads us to consider two options: either set the level of healthcare guaranteed to citizens lower than what is possible or set it as high as is possible. We should avoid the second case, as it would create a drastic strain on resources and would take away from other possible goods and services that could be or are provided outside of healthcare.

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769 Words | 4 Pages

Nations like Norway, France and Canada have healthcare as inclusions of citizenship. How could Americans who believe in “Life, Liberty and the Pursuit of Happiness,” not have “free healthcare?” The reason is because the United States government’s purpose of “Promoting the general welfare,” focuses on physical harm and the improvement of public areas, whereas Health Care is private. The United States government works using checks and balances of power, when the government controls the public’s medical life, they effectively control every citizen privately. This could lead to unsavory actions and corruption by the government.

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741 Words | 3 Pages

The United States is the only Western nation that does not authorize free health services to its people. The cost of healthcare to the uninsured is beyond prohibitive, and insurance plans are far more captivated with profit costs, rather

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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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727 Words | 3 Pages

Health care should not be considered a political argument in America; it is a matter of basic human rights. Something that many people seem to forget is that the US is the only industrialized western nation that lacks a universal health care system. The National Health Care Disparities Report, as well as author and health care worker Nicholas Conley and Physicians for a National Health Program (PNHP), strongly suggest that the US needs a universal health care system. The most secure solution for many problems in America, such as wasted spending on a flawed non-universal health care system and 46.8 million Americans being uninsured, is to organize a national health care program in the US that covers all citizens for medical necessities.

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