What are the pros and cons of privatized healthcare ?

What are the pros and cons of privatized healthcare ?

The Coniferous Treemen are returning soon

Parents underinsuring their children

Insurance companies doing anything in their power to screw you over.

>basically greed capitalism's number one problem. (Though all forms of government have their own)

Anybody that has been to the DMV knows why a pubic option in America is retarded and will not work

Pro- You pay for what you want
Con- health problems are random

Privatized health care:

Pro: Healthcare will obey the laws of supply and demand.

Con: The demand to 'continue to live' is effectively infinite.

What's the link between getting a license and getting nursed back to health ?

Is your administration as fucked as ours ?

Warning: Do not in any way think about trying to replicate the US healthcare system. It literally consists of several pieces of taped together shit.

Privatization makes the market more dynamic. Basically more players less uniformity, so more business opportunities, less bureaucracy.

The problem with the US system it is that the people who use stuff (patients, doctors) aren't the same people who pay for it (insurance companies, govt), so there's this huge misalignment of incentives that makes everything go to shit.

Pros
I'm not paying for tubs of lard to keep shoving cheeseburgers in their mouth
I'm only paying for myself, meaning my coverage and cost can be dictated by how shittily I treat my body

Cons
If you're a dumbass or disgustingly unhealthy, it's expensive

The massive non-white population abuses the services. Non-whites go to the emergency room when they have a cold.

Pro: Capitalism
Con: Capitalism

I wouldn't mind single payer or some commie shit if we ended up getting a health marshal that could throw fat asses in jail and prevent people from killing themselves and sucking up more healthcare.

pros: very quick for diagnostic tests of all kinds
cons: not effective or reliable for serious interventions and long term treatments, and their doctors tend to be bottom of the barrel

this is my experience with them in spain, I use my private insurance to get all tests done and them take the results to my public doctors

For example I had trouble in one eye, got a full ckeck up in less than two hours after calling but the private oftalmologist (south american milf) simply didn't know what was the problem other than the results of the tests were all good. Went to my public doctor with those rsults asking for secons opinion, who sent me to public oftal that gave me a proper treatment 3 weeks later

In these situations you never know if the private doctor is incompetent or simply wants you to keep coming and keep billing the insurance company

capitalism is never a con

Yeah basically this

In the UK you can:

>Get free health care
>Pay for private health care cheaper than in the USA

You are also less likely to get insured if you have repeat health problems. I support socialist health care anyway of the week, don't think the option to have private isn't there though. Some people don't have a pot to piss in and I'm happy to support them if they support me. Its the modern world that's driving up unemployment and neet behaviour even though benefits are harder to come by and the health care and police has been slashed.

But hey, it's deliberate divide and conquer to hate each other and not support society.

Pros: Some people get very rich thanks to healthcare, profit incentivizes medical advances, the US has the best premium options for healthcare in the world

Cons: Horribly expensive, doesn't cover everybody, may not be a good thing that people are getting rich off healthcare, very opaque financing

American healthcare is a weird and unique mess that arguably gets the worst parts of capitalism and socialism.

Capitalism has warts. The healthcare industry is full of asymmetrical information, localized monopolies, procedures performed without consent, and high risk decisions that aren't conducive to rational decision making.

Private companies get rich off healthcare ? Or people scam the system and make money off of it ?

all the problems you described are because of government intervention creating inefficiencies in the market.

You mean like old people everywhere in the first world?

>book holiday to murica
>pay like £50 for top tier insurance
>proceed to have a great time
>a few days to go I feel pain in gut
>curled up in a corner in agony
>call through to reception of hotel
>get ambulance
>reception ask if I'm insured
>paramedics arrive
>proceed to be a bit akward
>they won't approach me
>point to the draw with documents in
>paramedic reads, changes attitude
>yes sir yes sir, 3 bags full sir

I asked about state hospitals and the reply was 'i wouldn't like to go there sir'

Increase your population to 300 million people
Also make it so there are at least fifty governments the federal government would have to work with
At the same time its not entirely clear whether it is constitutional to set up a single health care system
The question of who pays, the legality of the system, the bureaucracy that operates the system, and the distribution of said system looms over any federal healthcare
Then ask how much shit you have to go through to get healthcare through your own system right now
Thats why federal healthcare in the US wont work

Oh I forgot you guys have different laws depending on the state

Do private healthcare policies depend on the company that provides them or on the state law ?

Thats part of the problem
Some restrict who can provide healthcare and some dont
In general state lines prevent healthcare companies from going beyond that
Because one state can consider something like abortion something that should never be insured, and other dont care
Its a complicated mess, Obamacare tried to set up exchanges between states but those proved to be unprofitable
The company that provides also matters because there might be ten providers in one state and only one able to provide in a more sparsely populated state
Its just a complicated mess any way you cut it

Privatized healthcare makes economy bigger

In Canada we move public health care so much we spend 40℅ of our tax revenue on it. We also make private health care illegal so everyone is equal. Feels good man.

wow sounds like paradise but my friend pedro in cuba shares a even better system tho

Didint courts settle that private healthcare cant be illegal because it directly keeps people from dying as the public healthcare dont always have the same standards as private?

Both. Individuals and companies get lots of money to provide health services. American doctors, especially specialists in private practice, get paid much more than European doctors. Hospitals are usually nonprofits, but still pay very high salaries to the people in charge. The scam side is that lawyers sue doctors very regularly, providers are apt provide more services than necessary, and there's classic over billing fraud.

Information asymmetry: Doctors will almost always know more than patients about treatment. Patients rarely know with certainty if they are getting the best and cheapest treatment.
Monopolies: Hospitals in rural communities are natural monopolies because hospitals are expensive as fuck to build.
Lack of consent: A dying or unconscious person in the middle of medical emergency cannot give consent to the transaction for services. If a complication arises during surgery, the patient cannot consent to additional procedures needed to stabilize himself. Emergency medicine has such narrow time horizons that many people would die while comparing their choices on the market.
High risk irrationality: People don't act rationally in life or death situations. That's not human nature. Talk with a person who is dying from a terminal disease. There's a good chance that they've drifted into pseudoscientific medicine out of desperation.

Public system: patients are a "cost"
Private system: patients are "revenue"

I wonder which system won't skimp out on treatment ?

Not sure but there have been private clinics opening up. The problem here is so bad the government doesn't have the gall to shut them down even though they are technically illegal.

Another problem in Canada is were have a lot of "capital fight" due to health tourism.

Public healthcare is cancer no matter how you look at it

>british man could not handle flavor town

Privatized healthcare is actually more expensive. The U.S. govt spends double per person on healthcare than the U.K. does. Privatized healthcare makes (((them))) richer, while costing tax payers a fortune.

>Information asymmetry: Doctors will almost always know more than patients about treatment. Patients rarely know with certainty if they are getting the best and cheapest treatment.

literally not an argument as a free market doctor looking out for his reputation would select the best method of treatment for his patient

>Monopolies: Hospitals in rural communities are natural monopolies because hospitals are expensive as fuck to build.

rural hospitals are nothing but baby delivery services all serious conditions and people go to the big city for treatment

source: I'm a country bumpkin.

>Lack of consent: A dying or unconscious person in the middle of medical emergency cannot give consent to the transaction for services. If a complication arises during surgery, the patient cannot consent to additional procedures needed to stabilize himself. Emergency medicine has such narrow time horizons that many people would die while comparing their choices on the market.

again, see first response

>High risk irrationality: People don't act rationally in life or death situations. That's not human nature. Talk with a person who is dying from a terminal disease. There's a good chance that they've drifted into pseudoscientific medicine out of desperation.

literally not an argument because a person should be able to spend their money on whatever bullshit treatment they want.

if they want to stay alive via a machine and tubes and go through the suffering....more power to them.

Pros, at least in my experience, was better quality
>be me
>dumbass
>break leg, arm, collarbone once in a while
>parents drive me to hospital because they don't want to pay for an ambulance
>seen within 8 minutes at any time of day
>mostly clean and modern rooms
>staff have time to ask if I want some water or other bullshit
>couple hours, sent on my way
Next, Canada
>skiing, around 11am
>crash
>break my collarbone
>don't know emergency line, slide down mountain
>ski village has ER
>takes about 30 minutes to be seen since have to go through paperwork, not a leaf
>enough staff, radiologist room has retrofitted upgrades but good stuff overall
>couple hours, sent on my way
Scotland
>playing rugby, around 10pm
>large German man crushes me on accident
>shoulder fucked
>friends drive me to ER
>paperwork since not a scot
>wait till 12am before being seen
>chat with a guy who had lots of questions about the States
>x-ray machine literally held together by duct tape, fancy modern dentistry xray in the corner
>entire place covered in grime
>barely any staff
>finally leave in a sling but no breaks at 2am
cons of course is capitalism fucking you for the service