In the UK the government holds a monopoly in health care, which in economic terms will result in the highest price and the worst care. It is vastly shown in britain that the government causes vast inefficiencies in an extension of Parkinson’s laws – the pointless administrative managers. There are enormous waiting times for surgeries and checkups.
To those who state america know this; not everyone is covered in america. This is because that group contains the rich like Bill Gates, illegals, newly legals and those who don’t want it or need it. Not only those who cannot afford it. America it is so expensive because of medical licensing, tariffs on drugs raise the cost ten fold. It is illegal to take out medical insurance from foreign corporations, so american corporations hold a monopoly under the guise of helping american workers. People pay for their habits, like if they are fat or if they smoke they pay more for insurance. America has the best health care in the world, they have private rooms rather than our cattle factories of NHS hospitals. There are more MRIs per capita in America than in Britain. And finally government involvement which rises the cost of doing business and thus the costs under the scope of rescuing the consumer.
To those who say that it is good, let me tell you that its the doctors and nurses who are good, not the NHS itself. There is a difference between for profit and not for profit. Most hospitals in america are not for profit hospitals but are not government run. US medicare denies more claims than all other private insurers. And you can sue private insurers easier than government. As the private insurer has more to lose; customers, publicity, workers and respect.
musicrulesok – i agree there needs to be a complete overhaul, remember the government doesn’t’ care about giving quality service, only ensuring they stay in power. In a free market compedeters will compete for customers and for staff. So they way to do that is by increasing the quality for customers and the conditions for staff.
Take for example there are two companies both need one hundred workers, but company a pays a better wage and has better conditions. So they are going to do this to get better people.
The free market removes all of the pointless managers and ensures everyone has what they need to do their job.
When I talk about the privatization I don’t mean for conglomerates I mean charitable status.
What happens if a private company like Starbucks started to treat you the way they did, do you think they will stay in business. If you heard cadburys was killing children in the thousands would you buy it. The government does it and no one can do a thing.
MrHairyman – in economics the definition of “monopoly is when a specific individual or an enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it”
how easy is it for poor people to obtain private insurance, it isn’t. Its generally to expensive because they still have to pay national insurance.
The government controls healthcare, and the government is crap at everything it does, the free market and individuals always do better when they get to choose.
Caliban – when you have state owned health insurance where is the incentive to stay safe or not smoke. Where is the incentive for competition. Medicare in america still refuses to pay out in some instances, privatized companies will be sued and slandered by the press then will lose customers.
Do you think the government can do anything more efficiently than the free market.
Caliban – “Which is why private enterprise is efficient and government institutions are invariably not.” name one thing which government does better than private enterprise.
The failure of banks was the failure of government not bankers. The UK created legislation to force banks to make risky loans and when it crashed they ran like hell. The UK runs the bank of england which will bail the banks out any time they ask for it, so there is no incentive to stay afloat the government will bail them out any time. The government has restricted the housing market increasing property prices and shooting up inflation so they don’t have to pay back government debt, so the banks go bust.
The only way for for people to have a monopoly say owning all hospitals is by restricting new hospitals to be created by issuing laws and regulation. If there is a demand for hospitals which are not monopoly owned then they will be created. Not if the government is control it will restict it.
Hairy – yeah there is, how good will it be for poor people to afford two sets of insurance, unless they want to put their costs to zero there is little chance of poor people to get insurance.
You make profit sound so bad, is it really is anything we do but the quest for profit. You work for benefit, you have friends to someone is there for you, etc.
All the government is interested in is profit do you think any of them care about you, or trying to get re elected in 5 years.
I don’t blame the NHS, its a non human entity, I blame the doctors union and I blame the economics of monopoly of government.
Lastly private insurance companies don’t dictate what prices they charge, only the government can do that. Only you dictate what prices you pay, if you feel that you are not getting your fair share for what you pay you look elsewhere. You can’t do that with the government.
Hairy – enterprise is simply something which does business ventures. The government is a non for profit one at that.
Of course profits above peoples health is bad but not all profits are capital and wealth.
What is worse to profits than someone dying when you are too cheap to pay out.
Schools run their own day to day business but are controlled by government. When it says dance they dance. If they want someone hired or someone fired the NHS will do it in a heartbeat.
“Private Healthcare companies DO dictate what they charge” I wish to go into deep detail with you but you are wrong because I don’t mean to be rude but you may not have an economics degree.
The NHS serves its own needs of the government and of the mangers. It doesn’t care about the person, it will always be there despite what peoples objections are. Do you think that it doesn’t run on greed, do you think the government doesn’t run on greed.