Question

In: Statistics and Probability

The hospitals, doctors, insurance companies and others profit from kidney transplants. But donors are prohibited from...

The hospitals, doctors, insurance companies and others profit from kidney transplants. But donors are prohibited from doing so. Should it be legal for a person to “profit” from the sale of one of their kidneys? Why or why not? Between three and four thousand people die every year because a transplant donor is unavailable. What would happen to the supply of kidney transplant donors if the sale of kidneys was legalized?

Solutions

Expert Solution

According to our social culture blood donation, kidney donation and such works are considered as noble works and cannot be compared with any amount of money. That is probably the main reason behind no profit attitude to such issues. An ill effect of this attitude is the occurrence of less interest among general people towards these works.

If we think in terms of necessity, kidney transplant is very much necessary for many patients to survive. Depending on its necessity if sale of kidneys is legalized, more people who are fit enough to sell kidney will willingly give their kidneys causing wellbeing of many patients. Thus availability of kidney donors will increase causing betterment of the society.

One may point out an obvious drawback of legalization of sale of kidneys is that only rich people will be able to buy this as of high cost and demand whereas poor people may not be able to fulfil their necessities. But according to my opinion, this mismatch of ability between rich and poor occurs in all field and we should not stop the legalization process merely for such issue as positive impact of legalization is very high. Further government can take initiative to help poor in this aspect.


Related Solutions

There are issues with correct insurance information on file for patients at hospitals an doctors’ offices,...
There are issues with correct insurance information on file for patients at hospitals an doctors’ offices, there are 700 reimbursement forms randomly picked and 325 have incorrect information or are missing information.   Create a 95% Confidence Interval 43.3% - 49.5% 42.7% - 50.1% 41.5% - 51.2% 17.85258% - 97.3698547%
There are issues with correct insurance information on file for patients at hospitals an doctors’ offices,...
There are issues with correct insurance information on file for patients at hospitals an doctors’ offices, there are 700 reimbursement forms randomly picked and 325 have incorrect information or are missing information. Create a 90% Confidence Interval 43.3% - 49.5% 42.7% - 50.1% 41.5% - 51.2% 1% - 4,369%
Choose an Immunosuppressive drug from ones that currently being used for kidney transplants. Walk the audience...
Choose an Immunosuppressive drug from ones that currently being used for kidney transplants. Walk the audience through the pathway that your Immunosuppressive drug is targeting Describe how Immunosuppressive drug inhibits this pathway, provide a mechanism if applicable. Explain how inhibiting this pathway leads to the down regulation of the immune system.
Choose an Immunosuppressive drug from ones that currently being used for kidney transplants. Walk the audience...
Choose an Immunosuppressive drug from ones that currently being used for kidney transplants. Walk the audience through the pathway that your Immunosuppressive drug is targeting Describe how Immunosuppressive drug inhibits this pathway, provide a mechanism if applicable. Explain how inhibiting this pathway leads to the down regulation of the immune system.
Describe the benefits of hospitals and doctors working to achieve a shorter LOS from both financial...
Describe the benefits of hospitals and doctors working to achieve a shorter LOS from both financial outcome and growth capacity of volume perspectives
Many physicians feel stifled by insurance companies’ financialrestrictions when practicing medicine. Many doctors have openly...
Many physicians feel stifled by insurance companies’ financial restrictions when practicing medicine. Many doctors have openly expressed their frustration with the current system and feel it has been hijacked by insurance companies that care about profit instead of patients. Thinking about your own experiences with health insurance companies, do you think that they should have more control over patients’ health than their doctors? Why, or why not? What do you think should be done to protect patients, support doctors, and...
Many physicians feel stifled by insurance companies’ financial restrictions when practicing medicine. Many doctors have openly...
Many physicians feel stifled by insurance companies’ financial restrictions when practicing medicine. Many doctors have openly expressed their frustration with the current system and feel it has been hijacked by insurance companies that care about profit instead of patients. Thinking about your own experiences with health insurance companies, do you think that they should have more control over patients’ health than their doctors? Why, or why not? What do you think should be done to protect patients, support doctors, and...
Take a position on whether or not companies benefit from using a structured profit approach to...
Take a position on whether or not companies benefit from using a structured profit approach to calculate their profits. Provide an explanation of your position with at least two examples or scenarios of the use of such an approach.
Risks Pooling is utilised by Insurance companies to transfer the risk from an insured individual to...
Risks Pooling is utilised by Insurance companies to transfer the risk from an insured individual to a group or a pool to minimize the possibility of losses. Please elaborate on the practicality of this risk mitigating strategy by using an example.
Which of the following are types of insurance companies purchase to help cover losses resulting from...
Which of the following are types of insurance companies purchase to help cover losses resulting from employee activity. Choose two A) Victim insurance B) Fidelity bonds C) Conformity bonds D) Casualty insurance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT