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Government health care vs private health care - Essay Example

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A News Poll in the Wall Street journal showed that 76% of the respondents were of the view that they are given the choice to choose between a private…
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Government health care vs private health care

Download file to see previous pages... Over the years people have argued for both the private health care sector and the public health care sector stating the advantages and the disadvantages of each side.
A private health care or private medicine is a health care or medicine that is funded and provided by entities other than the government, they are privately run by companies or personals. People have mainly argued for private health care mainly because it’s based on basic economic principles like supply, demand and a competitive market. No private health firm could charge you more than the other firms due to the competitive nature of market in which they operate. Secondly due to the competitive nature patients receive fast and high quality treatment as private facilities often are in competition with other facilities, this characteristic of private health facilities makes it convenient for patients and often prove life saving. The author talks about what Ken Dallafior, senior vice president of group sales and corporate marketing, at Detroit-based Blue Cross Blue Shield of Michigan, had to say “If youre in an industry that is highly competitive in terms of recruiting and maintaining talent, you have better control of the process and the plans that are offered to employees, which can affect your talent objectives,” (Banham, 2013). Private health care facilities offer a large pool of specialists and hospitals, so the patients have a choice of who they want to go to for treatment. Looking at large private health care facilities also helps remove a big burden off the backs of the government; it reduces government spending on the health sector. Although this kind of medical health care proves very beneficial for the public, private health facilities are often very expensive and majority of the public is unable to attain such facilities and they revert back to public health care.
A public health care facility is one that is funded by the government so that all public could avail health ...Download file to see next pagesRead More
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