Common complaints of publicly funded medicine
Posted on:3/23/2006
| Some of the complaints are mentioned herein |
1) Price no longer influences the allocation of resources, thus removing a natural self-corrective mechanism for avoiding waste and inefficiency.
2) Health care workers' pay is often not related to quality or speed of care. Thus very long waits can occur before care is received.
3) Because publicly funded medicine is a form of socialism, many of the general concerns about socialism can be applied to this discussion.
4) People are afraid that they cannot choose their own doctor. The state chooses for them.
5) Countries which have publicly funded medicine don't do as much medical research and development as there is very low payoff to developing new drugs and medical techniques.
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