Universal Health Care Research Paper

Universal Health Care Research Paper-32
This, in turn, would lead to both less innovation and less access to the innovation that already exists.But it’s one thing to say that universal coverage could lead to less innovation or reduce the availability of high-tech care.

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Individuals involved in research and in health care delivery are driven primarily by their altruistic goals of providing the best health care attainable.

Jonathan Cohn’s article helps us to understand this difference.

Reducing suffering and saving lives through innovation is a much greater reward than the mere creation of personal mega-wealth.

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The fundamental flaw in the argument that optimal innovation is possible only in a privately financed health system is the presumption that the quest for profit - the hugh profits characteristic of Wall Street supported firms - is the primary driving force behind innovation.

It ignores the fact that the health professions really do aim for a higher goal than mere maximal profit.And that is probably the primary explanation for why so many of the intellectual breakthroughs in medical science happen here.There’s no reason why this has to change under universal health insurance. And, during the late 1990s, thanks to bipartisan agreement between President Clinton and the Republican Congress, its funding actually increased substantially—giving a tremendous boost to research.As a result, money invested on patient health may very well help a competitor’s bottom line.What’s more, the for-profit insurance industry—like the pharmaceutical and device industries—responds to Wall Street, which cares more about quarterly filings than long-term financial health.One feature of the insurance system is its relentless focus on short-term good.Private insurers have little incentive to pay for interventions that don’t yield immediate benefits, because they are gaining and losing members all the time.Another virtue of more centralized health care is its ability to generate savings by reducing administrative waste.A universal coverage system that significantly streamlined billing (either by creating one common form or simply replacing basic insurance with one, Medicare-like program) and cut down on the need for so many insurance middle-men would leave more resources for actual medical care—and real medical innovation. the truth about universal health insurance: You don’t have to choose between universal access and innovation.In this sense, the greatest threat to future medical breakthroughs may not be universal health care but the people who are trying so hard to fight it.The ideal would be to come up with some way of achieving the best of both worlds—paying for innovation when it yields actual benefits, but without neglecting less glitzy, potentially more beneficial forms of health care.

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