Question

In: Economics

MEDICAL CARE: 1. As discussed earlier, our government is attempting to make medical care “free” to...

MEDICAL CARE: 1. As discussed earlier, our government is attempting to make medical care “free” to all Americans –free at the point of sale, with the costs paid for by taxation and government borrowing—at least when it comes to the TESTING for the COVID-19 virus. a) is this a good idea? Or a bad idea? Why? b) should the same policy—make it free to all – apply for ALL FOLLOW-UP CARE for patients who test positive for the virus? Why or why not? c) If the answer to b is yes, then why not make ALL medical care services free to ALL people in our country for ALL services---preventive and emergency? I mean, what is the difference between treating victims of the virus and treating all other medical conditions and issues? IS THERE ANY DIFFERENCE? If so, what is it??? d) Is it relevant that most other “advanced” economies try to do it this way---make medical care free at the point of sale? e) What are the lessons learned in the case of “free” medical care in Britain? What ‘went wrong’ in that case? f) What is the goal, in this case? What is the government of Britain trying to achieve? g) What COULD the government of Britain do in order to achieve this goal? Please give two or three options. h) What SHOULD it do, in your opinion? Why? i) HOW IS MEDICAL CARE DELIVERED TO THE PEOPLE IN OUR COUNTRY? What are some of the various programs, and which groups of people are covered by each program? J) The Trump administration just took steps to block some Americans for signing up for health coverage through Obamacare. Is this a good idea? Or a bad idea? Why? 18-18

Solutions

Expert Solution

Answering first four parts of the question :-

a :-

Free testing for covid-19 virus can be considered as a good idea because if a person who visits and Hospital for any other ailment might have a risk of already being infected from covid-19 infection. If he is not tested before getting the treatment, the doctors and the medical staff that is involved for his treatment have a chance of getting infected from the same virus and might have to go on a two weeks quarantine. If this process continues the medical staff percentage would reduce increasingly and the persons who are admitted for the covid-19 infection treatment will face shortage of medical staff for their treatment .If the Corona virus testing is done for free, it will encourage more and more people to get themselves tested which will lead to their proper treatment on the right time and they will not become virus Carriers for other people. This idea of free testing can lead to Containment and stoppage of further spreading of the opposite virus.

b :-

All services whether preventive for emergency cannot be provided free of cost because the the government has to to pay for these services which are being provided to the the persons free of cost .As the government revenue is limited, it wwill have two options. Either it can choose to raise funds from increasing the tax revenue which will indirectly create a burden on the society itself especially on the younger generation or it might choose to borrow funds from the public in order to make up these expenses .The interest repayment on these funds will again create huge burden on the government and the government wil indirectly shift this burden on the citizens in the form of higher taxes . Thus it is not practically possible to make medical care free of cost for everyone.

c :-

Treating victims of coronavirus and treating other patients have a substantial difference because if the coronavirus patients are not treated in time they will act as coronavirus Carriers that could cost many lives and further increase medical expenses which will create burdens on both the government as well as the citizens of the country. The medical staff in a country is limited and if the number of patients of coronavirus increase at a very Rapid rate , after a point of time there will be scarcity of medical staff to treat these patients . However patients of other diseases and ailments that do not become Carriers of the disease neither every disease directly leads to death of the patient .Thus we can conclude that Covid 19 patients are prioritised in terms of getting treatment as there treatment includes their private as well as social well being.

d :-

It is not practically possible for all the advanced countries to provide medical care services free of cost .As providing the services for free will create huge tax burden on the citizens of the society who are tax payers. It must also be noted that lot of countries have huge population while their resources are limited and a distributed accordingly .The countries however should try to provide some free services for the patient who you require medical treatment as it will help to reduce their burden. This can be done by planning their annual budget accordingly and making necessary appropriations out of the tax revenue .


Related Solutions

]1. As discussed earlier, our government is attempting to make medical care “free” to all Americans...
]1. As discussed earlier, our government is attempting to make medical care “free” to all Americans –free at the point of sale, with the costs paid for by taxation and government borrowing—at least when it comes to the TESTING for the COVID-19 virus. a) is this a good idea? Or a bad idea? Why? b) should the same policy—make it free to all – apply for ALL FOLLOW-UP CARE for patients who test positive for the virus? Why or why...
Suppose the government builds and staffs a hospital to provide “free” medical care. a. What is...
Suppose the government builds and staffs a hospital to provide “free” medical care. a. What is the opportunity cost of the free medical care? b. Will individuals over consume health care in this environment? c. How do you ration the healthcare in this world? What alternative rationing system also exists in countries without free healthcare?
The executives of a care free and insurance incorporated feel that a majority of our employees...
The executives of a care free and insurance incorporated feel that a majority of our employees perceive a huertista batori management's thou a care free a random sample of 200 carefree employees is selected to test this hypothesis and as he were a point 05 level of significance 80 employees rate the management as participatory the appropriate decision is
What are the major reasons that a free, unregulated market in medical care might not be...
What are the major reasons that a free, unregulated market in medical care might not be the best solution? What suggestions do you have to fix this?
Reimbursement for medical care by government coverage through Medicare, Medicaid and the Affordable Care Act (ACA)...
Reimbursement for medical care by government coverage through Medicare, Medicaid and the Affordable Care Act (ACA) is increasing. What do you believe the impact will be on reimbursement and providers with direct government reimbursement for medical care across all areas?
1.If you were to make recommendations to create or improve on our national child care system,...
1.If you were to make recommendations to create or improve on our national child care system, what would those recommendations be? What could child care programs do to support parents that they aren't doing now? What would parents need in order to be able to do what you suggest? 2.What are your ideas about and experiences with peacemaking?
i) HOW IS MEDICAL CARE DELIVERED TO THE PEOPLE IN OUR COUNTRY? What are some of...
i) HOW IS MEDICAL CARE DELIVERED TO THE PEOPLE IN OUR COUNTRY? What are some of the various programs, and which groups of people are covered by each program? J) The Trump administration just took steps to block some Americans for signing up for health coverage through Obamacare. Is this a good idea? Or a bad idea? Why?
Medical care can be dangerous and as healthcare workers it is our responsibility to identify, analyze...
Medical care can be dangerous and as healthcare workers it is our responsibility to identify, analyze and control risks for our patients and their support persons. Search the web “Hospital Risk Management” articles and provide an essay reviewing your findings.
Discriminatory pricing for health care is discussed in our reading as well as ‘cost-shifting’ and ‘cross-subsidization’....
Discriminatory pricing for health care is discussed in our reading as well as ‘cost-shifting’ and ‘cross-subsidization’. Keeping these in mind, discuss what is meant by “Hospitals’ For-Profit Approach to Charitable Care” (Hammaker & Knadig, p. 161) and how middle-income families are being disproportionately burdened. (Include your References).
As a leader in the medical community, do you believe that having free health care is...
As a leader in the medical community, do you believe that having free health care is a basic human right and you should advocate for free medical care give an example.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT