The Problems with Universal Healthcare
from Vacuous Vocation Hosted by Matthew James Geiger
Healthcare is one of the most misunderstood topics in economics today. It is common to assume that most people should have access to healthcare in the modern world, however, access to healthcare is different from making healthcare a human right via universal health care. The economic perspective of this issue deals with the exchange structure in a profit motivated exchange where consumers are viewed as assets compared to a universal healthcare or socialized healthcare one-size-fits all policy where consumers are not treated according to their demand as their healthcare providers receive the same compensation regardless of the quality of service provided and alters the structure of consumers and clients as transforming into liabilities, hence an inefficient and deadly system.
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