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Grand Canyon University *
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Philosophy
Date
Jan 9, 2024
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docx
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Uploaded by ChefKnowledge7114
Hello professor and class,
The public interest theory can be understood quite easily. People who generally agree with this theory have an interest in society's general well-being. In terms of health care, this entails meeting the needs of the millions of people who have suffered from inadequate or nonexistent
insurance. According to this ideology, government intervention consists of establishing programs that cater to the needs of these populations. Two excellent examples of government initiatives that have recognized and served the needs of vulnerable groups and improved society's health are Medicare and Medicaid."The modern discipline of economics also contains plenty of logical, practical, and empirical justification for government intervention in health markets," according to Nichols (2012) on page 1. "Religious and moral arguments about intervening in health care markets are powerful."
Special interest groups are primarily concerned with furthering their own agenda. Examples include promoting a new diagnostic test, drug, procedure, or payment method. When it comes to special interest groups that heavily contribute to campaigns or other fundraising events, general government involvement is beneficial. While I understand the motivations for both types of theories, I believe I fall somewhere in the middle. Initially, I was opposed to the 2010 adaptation of Obama Care. Simply because of how significantly the costs were offset by increases in premiums, copays, and deductibles. Given the positive impact this has had on our society and the overall health of our country, I believe there should be greater access to health care coverage and care. However, I do not believe it should be placed on those who are already working hard to support their families. To pay for this, the government would have to raise taxes, which would be borne by those who work there is none.
Reference
Nichols, L. M. (2012). Government Intervention in Health Care Markets Is Practical, Necessary,
and Morally Sound.
Journal Of Law, Medicine & Ethics
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