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The first source is directly from the White House and considers the economic benefits of President Barack Obama’s health care plan. As it is directly related to the President it is undoubtedly slanted; however, it also is important in that it directly reflects the White House perspective on the economics of health care reform. The White House argues that the health care plan will make health care more affordable for Americans. It argues this will occur since the health care plan will provide significant tax cuts for middle class Americans. These tax cuts are intended to reduce the premium costs of over ten million families, as well as millions of small businesses. In all, the article argues that this helps, “32 million Americans afford health care who do not get it today – and makes coverage more affordable for many more. Under the plan, 95% of Americans will be insured.” (White House, Web)
In addition to the specified benefits, the White House argues that there are a number of other benefits that can be derived from the recently passed health care bill. The arguments are that the health care reform bill will establish a competitive environment among health insurance companies that will further reduce costs and improve quality of service. In addition it is intended to give many Americans the same quality of service that many members of Congress have. It is also intended to bring more accountability to health insurance companies, as the rules will require more transparency and accountability. Furthermore, it notes – and this indeed is one of the major issues that concerns the economic status of Obama’s motivation for health care reform – namely that individuals with pre-existing conditions can no longer be denied health care coverage. Finally, the site argues that this reform will set the country on the right path for economic success.
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The author states that some of these key issues include the rise in the economy that has resulted in the high cost of insurance and medical coverage, lack of enough primary care doctors, and a decrease in insurance reimbursement among others. The increase in the cost of healthcare has made many people unable to access quality health care.
Nearly 24% of the country’s population is made up of people who are over 55 years (U.S. Census Bureau, 2009) and 20% of this population suffers from some form of mental health issues (U.S. Department of Health and Human Services, 2001). Currently, thirty five million Americans are over 65 years and it is predicted that by the year 2030, that number will reach 85 million (U.S.
The problem we are experiencing in America today is we all want government services, but we are not willing to pay for them any more. President Obama has proposed a hike in taxes aimed at the richest Americans. This is a good idea because we need to increase revenue so we can continue to provide services to our great nation.
Speaking of European States in this context, most of the states rank high in the world health care ranking. However the widespread gap between the public and the private health care spending seems to be the most prevalent issue in these states. Talking specifically about Ireland, though the ranking as compared to other EU members is fine however there are a lot of health care issues in this state.
Beneficence principle considers the benefits of treatment versus the costs and harm that will be caused by the treatment; the medical professional should act in such a way that it benefits the patient, the third principle is non-maleficence which states that a medical professional should no harm to a patient.
It points to a momentous revamp to the health care system of America – in addition to enhancing the country’s economy; it is also invaluable to Americans with pre-existing conditions and whose survival hinge on having
Migration of health professionals, lack of accountability in medical populace and domination by the market forces deciding the health care issues are some of the reasons identified for concerned ethical problems. These problems can be contained with proper development of policies and regulations by the domestic governments.
Like any other part of the world, there are both private and public insurers in the nation (Grossmann, 2011, p69). What sets the country’s health care system apart from the rest is that there are more private insurers
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