List some pros and cons in regards to the current health care industry. Also dev

Question

List some pros and cons in regards to the current health care industry. Also develop a possible solution for improving the social issue .. The answer in terms of what you think is the socially optimal solution verse the economic least cost solution, but you must understand and explain the economic costs of your decision    List some pros and cons in regards to the current health care industry. Also develop a possible solution for improving the social issue .. The answer in terms of what you think is the socially optimal solution verse the economic least cost solution, but you must understand and explain the economic costs of your decision   

Explanation / Answer

The health care industry is the most reliable industry. It works in a way to increment health planning and construction. It ensures care and maintenance in health care services, improves health care quality.

Pros:

1. It provides better access to the patients. The patients get various health care services from hospitals, clinics, pharmacies and special health care centers.

2. Health care services are improving efficiently and effectively. New technology based medical devices and equipments are useful in maintaining health among the society.

3. Hospitals are opened 24/7 for people who need health care services during emergencies.

4. Health care foundations have proved to be a home for people who are at or below the poverty line such as poor, people who cannot afford excellent health care services.

5. Special health care centers where there are free treatments for basic health conditions.

Cons:

1. Incrementing expense costs: With new technology come high costs. Special medical devices used by health professionals are dear and incur extreme maintenance costs.

2. Time consuming: Mostly, patients are seen waiting in long queues for the appointment with doctors, physicians, etc.

3. Paperwork involved during emergency cases proves to be an obstacle as without paperwork, patients are not operated.

4. Lack of efficient health care services and facilities for the poor community.

In today's time, high rate of chronic diseases such as cancer, arthritis, heart diseases, osteoporosis and many more has emerged as a socio-economic issue among the people. The patient needs special health care treatments which are dearly expensive for average class group people. Moreover, both private as well as public health care incur great cost incrementing government budget. Many people are un-insured due to financial instability.

For such health issues, it is best to opt for solutions which minimize or remove the obstacles coming in our way to live health lives. These are as follows:

1. The government must develop health care insurance programs which offer multiple slots as per their choice. They can easily pay the premium seeing their pocket.

2. Health care campaigns providing free care treatments to people living in slums with an aim to improve their health.

3. Developing scholarship programs for students who want to see their future as health care professionals. Providing poor students free access to health education.

4. Building up nursing homes and clinics for poor community in or nearby rural sector since they do not have access to health care services.

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