Question

We might worry that healthcare as a right will invite moral hazard and free-riding—how and why? Explain the reasoning from an economic perspective!

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Answer 1

Here the question represents a situation where there a case of Healthcare as a right which will invite moral hazard and free riding.
Nowadays the health care services are based on the efficiency of the individuals. If you are able to pay a high cost for the medical expenses then you have the right to survive.
It is true to say that Healthcare services invite moral hazard and free riding.
the moral hazard simply means not to think about humanity just to think about the revenue.
it is not a free service to the individuals for the needy person.
social health care services and now damaging the social system because it creates a discriminating situation for Poor and for rich, basically this profession belongs to a moral value-based professional but nowadays the system is based on the moral hazard system where the death rate of individuals is high in comparison to the cost of bearable person that is called as the rich class of the society.
Freeriding problems are basically those problems where we can take the advantages on the other expenses means one person bear all the cost and the other person is in the benefit of the cost so this is the only reason why the health organisations are forcing the free-riding problems in the Healthcare system where everyone is bearing the cost and only a few peoples are there to take the extensive advantages of this cost.
It is the fundamental and the basic requirement and the responsibility of the government to provide basic healthcare services to the citizens and the majority of the population for the quality of living in society