Verified Document

Health Plan Op-Ed From The Term Paper

S. health care market, and this is evident in the lack of coverage for money and the rapidly increasing coverage for those who have it. The article does touch on a key source of inefficiency beyond government regulation -- the opacity of the insurance and health care markets. The most efficient markets rely on perfect information -- or something close to it -- for their functioning. At present, the health care market is so opaque that few customers truly understand what they are paying for or even how much they are paying. The WSJ rightly supports the elements of the Bush plan that will improve public availability of market information, as this will increase efficiency -- in some cases significantly. 4. A marketizing measure would bring market principles into the market, or improve the quality of those principles in the existing market. This reform has only a handful of elements that truly marketize the health care market. The policies that would result in removing regular check-ups from insurance, for example, are marketizing policies, as are policies that would improve the quality of the market for...

The reform in general, however, does not add to the marketization of health care. The key element, shifting around the incentives for health care insurance purchase, merely alter the existing set of incentives; they do not represent much in terms of opening up the market.
5. The WSJ favors the Bush plan because it feels that the plan represents a marginal improvement in the health care system over the existing plan. Some of the specific cited marginal gains include a better market for individual health insurance, more transparency in health care in general, and five million more people who are expected to be insured as a result of the policy. All of the changes in the Bush plan will result in marginal changes to the system. This includes the introduction of externalities. Whether one supports a plan or not should depend on one's evaluation of the plan's marginal effects, and whether those are on balance positive or negative. In this case, the plan is supported because it is believed that the plan will have positive marginal effects on the American health care system.

Cite this Document:
Copy Bibliography Citation

Related Documents

Healthcare Reform in the United
Words: 1021 Length: 3 Document Type: Research Paper

4 million young people); e) Americans that are uninsured and that have "preexisting conditions" can as of now get insurance through the "Pre-Existing Condition Insurance Program" (PCIP); f) 46 states are using Affordable Care Act resources to "crack down on unreasonable premium increases" (White House). There are additional benefits that result from the Affordable Care Act will come into play in 2014, according to the White House. Those include a new

Healthcare Technology the Bar Code
Words: 670 Length: 2 Document Type: Essay

In respects, it could also reduce lawsuit expense when patients want to sue because of the wrong medication is given or harm is done in the process of medication administration. "We often resist the new way of doing things..." (Thede, 2009, Sept). Behaviors are often aimed at relieving the pressures from change rather than advancing a new approach to the way we do things. We tend to view change as

Breastfeeding Promotion in Primary Care
Words: 2075 Length: 7 Document Type: Essay

Clinical Preventive Services and Advocacy Letter1 Clinical Preventive ServicesThere are a number of reasons why clinical preventive services like lung cancer screening, breastfeeding support, and skin cancer prevention counseling should be covered by health insurance plans. First, these services can save lives. For instance, early detection of lung cancer through screening can dramatically improve survival rates (National Lung Screening Trial Research Team, 2011). Similarly, skin cancer is one of the

Fault: An Alternative to the Current Tort-Based
Words: 30263 Length: 110 Document Type: Thesis

Fault: An Alternative to the Current Tort-Based System in England and Wales The United Kingdom statistics regarding claims THE NATIONAL HEALTH SYSTEM OBSTACLES TO DUE PROCESS THE CASE FOR REFORM THE REGULATORY ENVIRONMENT THE RISING COST OF LITIGATION LORD WOOLF'S REFORMS MORE COST CONTROLS THE UNITED STATES PAUL'S PULLOUT THE INSURANCE INDUSTRY TORT REFORM IN AMERICA FLEEING PHYSICIANS STATISTICS FOR ERROR, INJURY AND DEATH THE CALL FOR REFORM IN 2003: A FAMILIAR REFRAIN THE UNITED STATES SITUATION, IN SUMMARY NEW ZEALAND CASE STUDIES THE SWEDISH SCHEME COMPARISON: WHICH SYSTEM IS

Hillary Vs. Obama - Which
Words: 1462 Length: 4 Document Type: Term Paper

Barrackobama.com) are the links to "Home," "Learn," "Issues," "Get Involved," "Blog," "Newsroom" and "Donate." Across the top of Clinton's Web site (www.hillaryclinton.com) she offers links to "Home," "Hillary," "Take Action," "Newsroom," "Blog," "Video" and "Contribute." In terms of substance put forward on health care and other national issues, Obama wins hands down on his Web pages. In Obama's "Issues" pull-down, he offers 11 links to issues that he has taken a

Legislative Advocacy for TANF Reform
Words: 1345 Length: 5 Document Type: Creative Writing

Legislative Advocacy Introduction and Coalition Building H.R. 890 is bill to prohibit the U.S. Department of Health and Human Services (HHS) from granting a waiver relating to compliance with the work requirements of the provision of Welfare. The most recent bill title is: Preserving the Welfare Work Requirement and TANF Extension Act of 2013. I stand in opposition to this bill and provide a detailed basis for my position in the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now