Friday, October 16, 2009

Socialized Medicine Pros and Cons

Each update on national healthcare insurance I hear on the TV talk shows has a political slant. According to some pundits the countries who use socialized medicine have hurt their economies and are forced to ration medical 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 national health care.

I'm in favor of a national health care system. However, we can be sure there are more ways to create a health care system that will be no better than what we have than there are to create a good system. We have to do this right or we are going to be stuck with the negative aspects of National Medical Care without all of the positives.

Few people believe that Universal healthcare will not create higher taxes. However, we are paying for our broken system already. If certain of those costs go away, we may wind up with more money in our pockets.

Now, an injured man who needs emergency medical care will almost without exception be accepted into a hospital whether or not he or she can afford to pay for the costs of the medical care. You pay for the treatment. The medical professionals has to ask more for services. It charges its insured 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 side effect that worries many is the drain on our economy that may be caused by those who lose their ambition because they get qualify for free health 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 more employable. A potential employer 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 knowledgeable professional will in many cases do a better job than less experienced professional. This can increase the efficiency of a firm and mean that the company and our economy moves forward faster than it would otherwise.

Potential entrepreneurs will be able to start their own business without leaving their medical insurance behind. The fear of losing benefits has kept many people shackled to jobs that they have long ago out grown. Socialized medicine 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 children and the healthcare that they need. This can mean that this parent dies early leaving young boys and girls behind. A health 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 be productive citizens.

I think that what we all want is a stronger economy and a better country. National health care improves our economy by making older, more productive workers and managers 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.

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