With taxes at a breaking point government has little recourse but to try to hold down costs. Government cutting budget for health care sector affects every aspect. Since labour is the main component of health costs, income for health workers and professionals have been brought under tight government controls. This causes brain wash. Health professionals will migrate to other countries were they would compensate for the same services they provide. This causes shortage of labour force in health care sector which in turn causes long patient wait time.
There have always been reasons to why the U.S. has not taken the step towards universal healthcare. Insurance companies could end up losing many different patrons, the enduring anti-government sentiment, the complications of this type of health care, and even the racial politics of the South have kept the United States from taking the next step towards universal coverage (Quandagno 12). The inevitable truth is that the United States needs socialized medicine, even if it is hard to come by. Health care costs more per person in the U.S. than in any other nation in the world (“Health Systems” 1). According to the US Census, the percentage of citizens within the United States without any type of health care coverage was 15.3%, or 45.7 million people, in 2007(U.S. Census 9).
True this healthcare will require employers to spend more on healthcare and therefore give those clear excuses as to why they have to make cuts. In most other nations the government provides healthcare for their citizens. There doesn’t seem to be a clear way to handle the healthcare issues, on one hand if the government sets mandates with regards to healthcare they tend to alienate the powers to be (Congress, the 1 %, Businesses); on the other hand these mandates helps those who otherwise wouldn’t be able to help themselves. (Simon,
However, the negative effects on health insurance and health market trickle down to the society. The society through high taxes will have to absorb the negative effect of Medicare to the elderly in the society. The society is socially obliged to take care of the elderly and with the rising cost of health acre, which cannot be fully absorbed by the government it will be a small price to pay to keep the elderly healthy. Children who provide finances to cover medical bills for their elderly parents benefit considerably from Medicare because with the rising cost of medical care it would put financial strain on them. “What about the positive for society effects of caring for the elderly?” The family structure has changed considerably over the years.
“The United States ranks poorly relative to other industrialized nations in health care despite having the best health care providers and the best medical infrastructure of any industrialized nation” (Battista). This is due to the detrimental loop of increasing healthcare and less coverage. With less coverage, health rankings decrease as more people ill people go uncovered; “Americans have the highest healthcare cost… but do not have the healthiest outcomes” (Reeve). With a universal healthcare system, every citizen would have access to healthcare and the rankings would significantly improve. Currently the United States ranks 21st in life expectancy for men (20th for women) down from 1st in 1945 (Battista).
This is usually due to the high amounts of discrimination that African Americans are to face on a daily basis versus any other race. On to the economics of this video, it pointed out that economic policy is health policy. Because the government reduced the taxes for the wealthy, it is making it impossible for the poor to obtain any wealth. The gap between poor and rich in America is surprisingly wide, and impossible to ascend. The video also talked about how the average American has gone nowhere, while the rich are getting richer, and the middle class is getting squeezed, and the poor are getting poorer.
More and more companies are doing business in China due to the lower production costs. When doing business in a different country, they could have some policies and regulations that are different than the ones in the United States. They are many officials in these countries that will take a bribe in order to ensure a fast turnaround time in order for your company to receive a license. The Foreign Corrupt Practices Act of 1977 (FCPA) was empowered by the United States to investigate allegations of bribery anywhere in the world and are stepping up their activities in China (Roberts 2010). Technically, China does have some laws against taking bribes but there is a fine line between bribes and gift giving.
Although this is correct, the government uses taxpayer money to fund wars for our “well-being” and safety so why shouldn’t Healthcare also be funded in this way? Healthcare is just as important to the safety and well-being of our nation. As a lack of Facilities may also pose a problem, a government assisted program to build hospitals and medical facilities would allow for more job creation and in return more citizens paying taxes and contributing to the system. Another argument that has been made is that guaranteeing healthcare to all Americans will lead to “moral hazard”, as it is believed people will take riskier actions knowing they are guaranteed coverage. I feel that just because someone has coverage doesn’t mean they will be more willing to injure themselves.
We have come to think of federalism in terms of intergovernmental relations where the lines divide national and state sovereignty are no longer so clear. There is constant interaction between the states and national which proves that both depend on each other (Levin-Waldman 2012). Many supporters of Affordable Care Act (ACA) believe that healthcare reform is necessary for the American citizens, because some citizens are dying without adequate healthcare coverage, cost of healthcare is rising, and the government believes that this should decrease the overall cost of insurance over time. Citizens of America without healthcare coverage suffer from illness and even die because they cannot be treated in a community hospital. A prime example is Libby Rae.
I don’t know if it’s ethical to require someone to have health insurance, however, I think it is admirable to want every American to have health insurance. My only concern is that there will be bias decisions based on the type of coverage that you have just like it is today. Majority of Americans can afford to pay for the best insurance plan .Whereas the rich will be able to pay the best coverage therefore leaving the person with low income the inability to get the best coverage available.” The national health system reform law is expected to reduce the nation's uninsured population to what could be an all-time low. But even after the major reforms take effect starting in 2014, millions will remain without coverage, whether by choice or