Socialized Medicine Pros and Cons
Posted: Friday, November 13, 2009
by Alston Balkcom
1800insuranceCT.com
Each update on universal health insurance I hear on the the radio has a different opinion. According to certain comentators the countries who use socialized medicine have damaged their economies and are forced to ration health care to senior citizens. According to others they see the advantage or bonus of socialized medicine and all its positives and see none of the negative aspects of socialized medicine.
Few people believe that National healthcare will not create higher taxes. However, we are paying for our broken system already. If some of those costs go away, we may wind up with more money in our pockets.
Now, a sick child who needs emergency medical services will almost without exception be able to get treatment whether or not he or she has any ability to pay for the physician or hospital charges. You pay for the provided doctoring. The facility has to charge more. It charges its paying patients to make up for the ones that don't pay. At the same time it ruins the credit of the patient who can't write a check for the cost of the services.
Another issue that many are worried about is the drain on our economy that may be caused by those who lose their ambition because they get qualify for free medical care. I suppose that only time will tell, but I think that if we have more healthy people more people will be available to work. There are probably more ambitious people who are unable to work because of poor health care than there are people who would become lazy when better health care is available to them.
The positives of socialized medicine include the lessening of employment discrimination for the older workers. If the burden of the cost if insurance were shifted to the government, older and sicker workers may be able to find jobs more often. A small business owner who interviews an older or less healthy applicant, today may focus on how that applicant would raise their group medical insurance premiums and not on the skills and knowledge that person might bring to the job.
Older, more experienced workers will in many cases do a better job than less experienced professional. This can increase the efficiency of an employer and mean that the employer and our country better because of it.
Potential entrepreneurs will be able to start their own business without leaving their health care insurance behind. The fear of losing medical benefits has kept many people shackled to jobs that they have long ago out grown. Universal health care will perhaps allow certain great man or woman to invent the next big thing, whatever that may be.
Today a parent may be unable to pay for both the food she or he needs to feed their family and the healthcare that they need. This can mean that this parent dies early leaving youngsters behind. A medical care system with good preventative care that is available to all can keep these parents around to rear their children and better prepare them to for life.
I think that what we all want is a stronger economy and a better country. Socialized medicine improves our economy by making older, more productive people more productive. It can also extend the time that some of our youth gets to spend with their parents and have a major impact on our future as a country.
Alston Balkcom has been an insurance agent for over 20 years. He can help you find https://lovetherates.com
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