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.
The United States of America is the only developed country without universal health care. That means that whoever cannot afford medical insurance is denied health care. The effects of that can be seen by comparing it to other countries that do have universal health care. According to a survey conducted by the Commonwealth Fund, a private organization that promotes better health care, the U.S. ranks last among OECD (Organisation for Economic Co-Operation and Development) countries in avoidable deaths that could have been prevented by health care. The U.S. spends more money than any other country for health care having the highest percentage of patients who do not seek care due to cost.
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.
The term “Universal Healthcare” refers to equal health coverage for all residents of a nation “funded by the government under [a] single-payer system” (Cummings). The United States currently does not utilize universal healthcare; its health insurance is provided mainly through employers and by private companies. This consumer-driven system is harmful to the residents of the United States who are unemployed and cannot afford expensive private insurance. It also facilitates the need for welfare and, even then, those on public assistance receive a lower quality of care. Universal Healthcare would lower the mortality rate in the United States by solving the problem of the uninsured and the underinsured, as well as halt rising healthcare costs in the U.S.
Compared with other developed nations, America lags behind in the provision of quality and affordable healthcare to its citizens. This research paper will discuss some of the challenges facing the industry and solutions that can be applied to rectify them. Rising costs of medical care Healthcare is the leading socio-economic challenge affecting Americans. The ever increasing cost of medical care and insurance in affecting the American way of life in many aspects. Having problems paying for primary healthcare is no longer the preserve of the poor or the unemployed, but is affecting even those with medical insurance (Shea, 2005).
Universal health care is referring to health care that is paid for or subsidized by the government and tax payers. Since World War II most countries created some type of universal health care for their citizens. The United States has been one of the last countries to have a universal health care system. Other countries across the globe like Britain, France and Japan have created a universal health care for their citizens to get better care. America has their reservations that a universal health may not work because of its lack of choices and freedoms.
Why doesn’t the United States have universal health care as a right of citizenship? The United States is the only industrialized nation that does not guarantee access to health care as a right of citizenship. 28 industrialized nations have single payer universal health care systems, while 1 (Germany) has a multipayer universal health care system like President Clinton proposed for the United States. There has been a myth that United States has the best health care in the world, the fact is that the United States ranks 23rd in infant mortality, down from 12th in 1960 and 21st in 1990. The United States also ranks 20th in life expectancy for women down from 1st in 1945 and 13th in 1960, and 21st in life expectancy for men down from 1st in 1945 and 17th in 1960.
This choice was made to benefit themselves at the expense of the 21,000 employees that lost their jobs and the numerous other stakeholders that suffered financial losses. Sometimes using the Utilitarian Rule to decide if an act is ethical or not is difficult because it can be hard to decide if the severe harm of a few is worth the moderate benefit of all others. In this case, however, I believe it is very clear that the harm of the majority was much greater than the benefit of the few executives. Another ethical rule that you could apply to this case is the Moral Rights Rule. The Moral Rights Rule defines a decision as ethical if it protects people’s fundamental rights.
Of the many reasons that exist, two are particularly important. The United States has a highly flawed system of funding health care and a flawed system of allocating its health care resources. In the United States, a multitude of private health plans cover the lucrative sector of society—low cost, healthy workers and their healthy families. But public programs must cover the higher costs of the elderly, individuals with permanent disabilities, and some low-income individuals. Since the uninsured are frequently unable to pay for the care they receive, the costs for their care are shifted to government programs or private plans, or to the charity of providers, even if unintended.