Thirdly there would be a greater demand for doctors creating more jobs. A con to universal health care is that there is less competition because all the medical staff are paid a government salary. This is invalid though because the doctors will always be doing their jobs. Another con is raised taxes. This is also invalid because it is better to pay taxes rather than over priced medical bills.
The need for health care is dire, yet the prices just increase. Inelasticity seems to better fit the industry, with the want and cost disproportioned. The microeconomics aspect of health care has a lot to focus on, most consumers make decisions based on quality, price and quantity. With the price of insurance and uninsured services so high, the quality and quantity could be there, but not the consumer. The price is a driving force for most consumers.
Today millions of Americans cannot afford the sufficient health care they need. The price of health insurance is costing us the people thousands of dollars. Therefore, I believe the government should provide health care to all citizens regardless of their ability to pay for that care. Some rich people may prefer to pay for medical treatment, while the government must necessarily subsidize the health care for children, senior citizens, the unemployed and the homeless, as these groups cannot provide for themselves and, are extremely financially vulnerable. However, working adults can use the benefits of the medical insurance, which will give them an opportunity for a decent medical service and reduce the general taxation burden.
On the other hand, doctors that specialize in a certain field should be paid very high. They are researching a way to treat and cure a disease, like cancer. The way I determine how a person gets compensated for the work they do should be how much time and effort they put into the organization. For instance, a doctor is doing a lot more work than someone helping out a homeless person. Don’t get me wrong, someone helping out a homeless person is still very honorable and compassionate thing to do; however what a doctor is doing could save millions of lives.
Welfare Today How many of you plan on training for and pursuing in a well paying job in the future? Now how many of you would like to split that well-earned paycheck in half; the check that you worked a good proportion of your life for? Not many of you, right? Well as citizens of the United States you are required to pay certain taxes to support our government as well as our economy. According to The Washington Post, the U.S. Government spends 2 trillion dollars of our tax money on welfare every year!
In a pension system, such workers who have worked for 20-30 years become eligible to collect pension benefits on a monthly basis upon their retirement. These workers gradually pay into a pension fund as they work, however their future pension reward is typically greater than the value invested by the plan participant. The employer, and in certain cases state or local government, also contributes funding to the employee’s pension fund. Pension benefits are supposed to be collected if and only if the worker has retired, yet there exists numerous cases of abuse of the pension system nationwide. Various workers (such as Police Officers) have been known to serve long enough to become eligible for a pension, quit their job, and then begin working elsewhere while simultaneously reaping the rewards of their pension plan.
In fact, one in 10 grandparents has been the primary support of a grandchild at some time in their lives” (Doucette-Dudman, 2000). Today with challenges in our economy over the past five years, including the housing and foreclosure crisis, and the loss of jobs, 4.9 million children (7 percent) under age 18 live in grandparent-headed households. According to the 2010 United States Census Bureau, “Fifty one percent of grandparents who have grandkids living with them are white (up from 46 percent in 2000); 24 percent are Black/African American (down from 28 percent in 2000); and 19 percent are Hispanic/Latino (down slightly from 20 percent in 2000). For grandparents reporting responsibility for grandchildren 67 percent
It has to do with a person’s willingness to work hard, and I think it’s always been that way” (Scott and Leonhardt 2005:5). There are many arguments within the book that describe why class does matter in America today. One argument is the argument that the upper class lives longer than those individuals in classes below them. This is because individuals with a lot of capital have better insurance and means to pay for treatments and medical attention, where the lower class is unable to pay for medical treatment. As quoted in the book, “As advances in medicine and disease prevention have increased life expectancy in the United States, the benefits have disproportionately gone to people with education, money, good jobs, and connections” (Scott 2005:29).
However, the free health care is a massive benefit to society. The NHS employs over 1 million people so provides many jobs and lowers unemployment. The system in the UK for receiving health care is that you must first go to see a general practitioner, whose salaries are paid for on a capitation basis. They can then either decide that you do not need treatment, you need to be prescribed medicine, or you should be referred to see a specialist. The specialists are paid for on a salary basis.
According to Legal Careers, “Labor statistics indicate that nearly 80 million Baby Boomers will exit the workplace in the next decade. These employees are