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Universal Health Care Pros and Cons
It is important to note the distinction between universal health care and socialized medicine before we proceed. Many people confuse the terms. Under universal health care hospitals, doctors, drug companies, nurses, dentists, etc can all remain independent. They can be for-profit or non-profit. In socialized medicine the whole industry is the government. So if you wanted to be a doctor, you would work for the government.
These aren’t all the pros and cons of universal health care but it’s enough to get you started. Here are a couple of interesting facts and thoughts of note about universal healthcare:
Universal healthcare cons articles
This is a follow-up to my series last year, Universal Healthcare Week. My posts on the pros and cons of a universal health care system continue to be popular pages on Weakonomics so I thought I’d touch on the subject again. For a quick refresh, universal health care is a system of providing health coverage for any and all willing participants. This is usually through a government program, funded by taxes. The United States is the only developed country in the world to not have a universal health care system for its citizens. Medicaid and Medicare do not count because they target a select group of citizens. Many people support universal health care claiming it is a birthright and everyone should have access to care.
John Tracy, co-chairman of the Legislature’s health reform commission, said Thorpe had provided analysis of just one option for organizing and financing health care. “There will be more,” Tracy said. “When you make a business decision, you have to look at all the options.”
Information On Universal Healthcare Cons Articles
The Nordic countries' (Sweden, Norway, Finland and Denmark) high living standards and low income disparity have captured the worlds attention. universal healthcare cons articles
At this point I still don’t believe a universal system is the best way to go. I really want to just take it with me wherever I go, and get some big time reform and modernization to the medical system. Gun to my head with only two options though, I’ll take universal health care over what we’ve got right now.
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Universal Healthcare Cons Articles Options
Competition rocks. Competition fosters innovation. There is a reason pharmaceuticals and biotechnology are two of the fastest growing industries in the United States. There is some serious money to be made with a breakthrough product. Universal health care funded by the government would really hold back the potential for new medical breakthroughs because the government would insist on sharing the breakthrough, to the detriment of the company’s profits. This would end up with these companies leaving the industry. No profit to be made, no reason to invest. Competition in the medical community has done much to help support the American economy over the past couple of decades. So much so that our GDP growth outpaces other developed countries with universal health care systems.
Pros & Cons of Universal Health Care (THE COMPLETE …
Take a closer look at the universal healthcare programs in other countries and you’ll find not everything is so great. In Canada, wait times to see specialists have sent many people with the funds to private care. I’m pulling statistics here, but it takes 22 months for residents of Saskatchewan to get an MRI. 57% of Canadians report having to wait a month just to see a specialist. As a result long wait times and certain services not covered in the national plan many citizens in universal health care provided countries must still obtain private insurance. That negates the whole purpose of a universal system because many people would opt out of getting private insurance creating the same problem the US currently faces.
Pros and Cons of Universal Health Care
That all sounds pretty good right? You can take your insurance from job to job or even be covered if you lose your job, the total cost for health coverage would decline, and the actual out of pocket expenses you pay would also go down. But not so fast. We’re only looking at this farm from the other side of the fence. Let’s walk on over and find out exactly what life is like with universal health care. To Europe!
Universal Healthcare: The Pros and Cons Essay Examples
Furthermore we already have laws in the US that require emergency rooms to see patients even if they don’t have any insurance. This costs the hospital money which they pass on to consumers and insurance companies. Under a universal health care system those that normally go without insurance would now be required to pay into it in the form of taxes. The distributed cost would bring down the personal expenses of those that already pay for insurance. Those that might object to forced taxation should know this is no different than the shared costs of road construction, school funding, or space exploration.
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