Question

Do you think medical care ought to be a service allocated in the market like any...

Do you think medical care ought to be a service allocated in the market like any other good or service, where those who are willing and able to pay the prevailing market price will receive it, while those who are unwilling or unable to pay the current market price will not receive it? Or, do you think that medical care services should be allocated by some other means? If so, then by what means should medical care services be allocated?

Homework Answers

Answer #1

Answer - According to my opinion , the medical care is the right of every citizen whether he has a lower income or higher. Hence I do not agree with the fact that price of medical care should only be determined by the market forces and it would be unaffordable for many of the seekers of medical care , specially those below the poverty line. Hence , there should be a government policy defining the ceilings in the market , reducing the equilibrium price and thus making the medical care affordable to all. Subsidized medical care can also be provided to those below the poverty line. This will ensure that no person has been left from the access to medical care.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Read the response below. Do you agree with the response below? Why or Why not, Explain....
Read the response below. Do you agree with the response below? Why or Why not, Explain. The benefit-received principle of taxation asserts that households and businesses should purchase the goods and services of government in basically the same manner in which other commodities are bought. It follows the same principle as the market - the individuals who receive the benefit of a good or service should pay the tax necessary to supply that good or service. For example, gasoline taxes...
Why was managed care developed? Do you think managed care is a good way to provide...
Why was managed care developed? Do you think managed care is a good way to provide healthcare services? Why or why not?
What do you think work/life balance will be like in five years? Particularly for the baby...
What do you think work/life balance will be like in five years? Particularly for the baby boomers who will be working way beyond the retirement age of 63 years old to pay for medical costs?
Should high-fat and high-calorie food be taxed to try to offset the medical expenses for obesity-related...
Should high-fat and high-calorie food be taxed to try to offset the medical expenses for obesity-related illnesses? Why or why not? Is it fair for individuals who eat healthy and have a healthy lifestyle to pay for the medical care of those who choose not to eat or live healthy? Why or why not? Do you think such a tax would cause people to eat less high-fat and high-calorie foods? Why or why not? What other lifestyle choices that are...
How do you think standard costs could be used in a service industry like a hospital,...
How do you think standard costs could be used in a service industry like a hospital, law office, insurance company, etc As a manager of one of these companies what changes do you think you could make as a result of reviewing variances?
Do you think mental health providers should be able to decline to provide services to individuals...
Do you think mental health providers should be able to decline to provide services to individuals whose lifestyle they find morally wrong? Should clinicians have the freedom to select who they wish to treat on the basis of their own values or beliefs? Why or why not
QUESTION 6 As fellow at an HCO like Charleston Area Medical Center, you spend a month...
QUESTION 6 As fellow at an HCO like Charleston Area Medical Center, you spend a month with the chief medical officer. She says, “There’s a big rhubarb in anesthesia. The anesthesiologists limited the nurse anesthetists (CRNAs) from certain procedures, and now the CRNAs are threatening to strike. I think there are attitude problems, too; some of the older anesthesiologists are quick with the put-downs. What do you think I should do?” You respond, “Let’s form a PIT.” You go on:...
. Do you feel like the ACA has actually provided AFFORDABLE healthcare to everyone equally? From...
. Do you feel like the ACA has actually provided AFFORDABLE healthcare to everyone equally? From what I've heard, the ACA for patients who actually have to purchase their own insurance, the rates are not actually affordable and seem to be more than what I pay through my employer. Do you feel like the expansion of the Medicaid market was a good thing?
What were the reasons for Walmart shifting its focus to Africa? 2. Do you think Africa...
What were the reasons for Walmart shifting its focus to Africa? 2. Do you think Africa offers good growth prospects for WalMart in the future? 3. Why did Wal-Mart face opposition from trade unions and other government departments over its acquisition of Massmart? Do you think the opposition coalition had a valid point in opposing the deal? Justify your answer. 4. What strategies should Wal-Mart follow to succeed in a market like Africa with its low income levels and high...
Think of items that you have purchased in a market: • Big ticket items like a...
Think of items that you have purchased in a market: • Big ticket items like a house, or an apartment rental, or a car; • Or ordinary items in your weekly budget, like coffee, tea, gasoline, bread, Milk, etc. You can consider some of the following questions in your contribution. What price trends have you noticed over the last few years? Do the prices fluctuate? Have prices increased or decreased? How would you use what you have learned concerning Supply...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT