Essay on "Free Market and Health Care"

Essay 4 pages (1070 words) Sources: 5

[EXCERPT] . . . .

Such companies can be beneficial for the country as a whole not only because of their ability to provide health care, as they would also contribute significantly to the economy and would thus bring on a type of assistance that assists the country as a whole rather than a limited number of individuals.

A stronger collaboration between the government and insurance companies would support both bodies in being able to exploit one another while also acting in accordance with a series of regulations. While they would profit from providing insurance policies to the masses, insurers would also be forced to provide health care services for everyone that required their services. The larger the number of people insured the greater the profit for insurance companies and the greater the possibility for individuals to access health care without having to go through great efforts in order to do so. A more complex form of Obamacare provisions would likely be of great assistance for the American public. It would gradually be provided with a series of benefits that would otherwise be especially costly and that would be likely to experience problems as long as it would only be controlled by the government. The bottom line is that private health care institutions are concerned about providing better services and would thus be focused on competing with one-another with the purpose of influencing the masses and the government to support them as much as possible.

The reality is that the private health care system and the masses were discouraged as a result of seeing the Obama and Clinton Administration fail in trying to provide health care to a larger public. Even with this, this does not mean that a free market is not good enough to provide health care services to the general public. The problem is simply that the methods used to provide health care were not good enough and that a reform directed at improving relations between the government and private health care providers would be more probable to experience success in assisting individuals in need by presenting them with access to a wider range of services.

By looking at how Obamacare was more effective in comparison to the Clinton Administration's attempt to improve connections between health care providers and the government, one can gain a more complex understanding of the need for progress in the field. "Although private insurers remained cautious about elements of the plan that added new consumer protections and limited their ability to raise rates, they were tantalized by the prospect of gaining millions of new customers who would be mandated to purchase their products." (Field 2013, p. 219) The idea is thus that private health care providers are aware that a better relationship with the authorities would be particularly beneficial for them from a financial point-of-view and that they are thus very likely to cooperate to a larger degree as long as they know that they are going to significantly increase their profits as a consequence.

Works cited:

CQ Press. (2014). Washington Information Directory: 2014-2014. CQ Press

Drache, D. & Sullivan (2005) T. Health Reform: Public Success, Private Failure. Routledge Field, R.E. (2013).… READ MORE

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