In: Economics
There exist numerous reasons on why the government doesn't or shouldn't always pay for health care and some of the vital reasons are that, it coerces healthy people to pay for services they do not get. If we take the example of US, then about 5% of people devour approximately 50% of the health care costs. And the healthiest 50% of the population consumes only 3% of the health care costs in the country.
The nation may stray into debt quickly. At the point when a large portion of the nation's budget goes into improving health, then the government debt will see astronomical increase.
It will drastically decline the money doctors make, and due to this it will reduce the attraction of the profession. This could seriously make a scarcity of doctors in the long run. And the doctors and nurses will exclusively focus on increasing the number of appointments instead of giving good service to the people.
People may not be as cautious with their health if they do not have a financial incentive to do so. And people may not regard their health as wisely as they would if the direct/immediate expenses of their decisions/choices were their personal responsibility.
It severely curb innovations in the medical field. Because there is such a drive to minimize expenses, innovation falls. That is on the grounds that there is less fund available to research new technologies inside the field. After sometime, the absence of funding in innovation work or R&D could really cost larger number of lives than are spared/saved by the health care system where the government always pay.