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Pros And Cons Of Socialized Medicine

Written by: Alston Balkcom

Article Overview: The price of the new system will include increased taxes. In some ways, it won't matter who those taxes are paid by. If they are paid by the companies, they will raise the cost of the items they sell, so the individuals will be hurt as well.

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Pros And Cons Of Socialized Medicine

What will socialized medicine cost the United States and what will be get from it?

The price of the new system will include increased taxes. In some ways, it won't matter who those taxes are paid by. If they are paid by the companies, they will raise the cost of the items they sell, so the individuals will be hurt as well. If they are paid by the consumer, then the consumer will have less to pay for things, so the companies will be hurt as well.

When we look at the cost of any socialized medicine proposal, we should also look at the costs of the existing medical system to make comparisons. In our present medical system, those of us who can pay for medical care subsidize those who can't or won't. You won't get a separate bill for these costs. However, your health insurance premiums are higher because your provider has to raise the rates for those who do pay to make up for those who don't pay.

The price of our existing health care system include the cost of lower productivity when a worker is unable to work because of a sickness or condition he or she can't afford to treat. The price of our present health care system include the price associated with more children growing up without a mother or father.

One of the benefits or today's medical system is our familiarity with it. It's like an old car that has a broken driver's door and a big gash in the passenger seat. We've gotten used to getting in the car from the passenger side and having a blanket over the gash in the seat. Another car will have problems as well. The car may be better or worse. That part is unknown. What is known is that the car will be unfamiliar and buying a car is a big commitment.

Once we make major changes to our health care system we will be unlikely to go back to the old health insurance and health care system. Even if the new system is decidedly worse, we will be stuck with it. We may have higher cost or worse care. We may be able to tweak the new health care system and fix it or we may determine that the infrastructure is so poor that it too requires an overhaul.

National health care has the potential of boosting our economy. Many people who are currently shackled to their employers because of the fear of losing their health insurance, may be able to move on to better jobs or start companies and hire others.

Under the present day medical system many people are unable to pay for preventative care. They often wind up in the hospital and get expensive surgeries that they can't afford to pay for. These surgeries may prolong their lives, but may or may not allow them to work again. An individual who gets medical care when the problem is a small one may be able to work and pay taxes much longer than the individual who only gets care when the situation is critical.

We should strive to create a medical system that keeps our workers working longer and our parents parenting longer.

Although we may have a health insurance and health care system that has major flaws, there is no guarantee that a new medical system will be any less broken. However, far too many people are hurt by the present day health insurance and health care system for us to just throw up our hands and do nothing. If we can ignore the rhetoric and focus on the facts a better health insurance and health care system can be created that will not only benefit the uninsured, but will make us all stronger.

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Home > Insurance > Alston Balkcom > Pros And Cons Of Socialized Medicine
Article Tags: familiarity, health care system, health insurance, health insurance premiums, insurance, medical care, medical system, medicine, nbsp, passenger seat, productivity, proposal, t pay, united states
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