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Describe the role government should have in reaching selected goals for the healthcare economy. (Should government...

Describe the role government should have in reaching selected goals for the healthcare economy. (Should government have a role in setting goals and interventions to reach them, like funding research, or Medicaid expansion, or promotion, or education, or should government limit itself and allow the market to operate relying on what is financially demanded by those with income.)

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As per my views the government should increase the amount of funding in medical sector by promoting more research in the sectors. This is because it will in return help in increasing the number of work hours that government will have from its population and this help in economic development of various companies and thus will increase the tax earned by the government. Apart from this the investment in R&D sector will help in devising new medicines and equipments which can be used to decrease the cost of medical treatments and this will be beneficial for the people of the economy. Therefore investment in healthcare is a win win situation for both government and the people.

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