Private Health Insurance Or Socialized Medicine
Today in America, many people are divided on the issue of private health insurance verses socialized medicine. Tempers are raging and even households are being divided on the issue. Both systems have their benefits and disadvantages. Here, the goal is to compare and contrast the two systems in plain, everyday terms to benefit the consumer that has little or no knowledge on the subject and is looking for an overview. People need to realize there are such things as online insurance quotes.
Although many Americans feel that socialized medicine would be a better option, the truth of the matter is that the majority of consumers that currently live in countries with socialized medicine would prefer to have private insurance instead. Many Canadian citizens actually come to the states for medical treatment because they feel that private healthcare is superior to socialize. This may be a case of the grass being greener on the other side of the fence. Only you can decide for yourself who would be most beneficial for you and your family.
The one of the major downfalls of socialized medicine is the lack of quality care and standard quotes, this is why online insurance quotes are a viable option. If a doctor's paycheck is provided regardless of the quality of his care, there is little incentive for him to excel at his work. With private healthcare and insurance, doctors are forced to compete for business and thus are focused to give the best care possible in hope that the patient will return. Often in countries with socialized medicine the doctors employed by the government are not closely monitored and their bedside manner is almost never taken into account.
In a free market business owners strive for optimum customer satisfaction for the success of their business. If you are not satisfied with your hair dresser, you would seek out another. Even in fields other than medicine employees are encouraged to give ideal service and are given incentives to do so. Would you want your health in the hands of a doctor that has little or no incentive to perform his job well?
Another major downfall of socialized medicine is the lack of choice. Private insurance gives a patient the freedom of choice. In a socialized system, healthcare offices are assigned to districts and without a competitive market there would be only one option within each district. If a consumer is not satisfied with the local office they may have to travel out of their district to even have an option of better care. With private insurance there are certain healthcare offices that are within an insurance providers preferred network, but usually there are enough offices in the network to provide adequate options. Even if the healthcare provider you prefer is not in your insurance network, there is usually still coverage for the provider in a lesser amount.
A third major downfall of socialized medicine is the inability of the consumer to acquire the help they need. Private insurance gives you the ability to seek the care you require. In many countries with socialized medicine, it is easy to get in to see a general practitioner, but you are put on a waiting list to see a specialized practitioner. Sadly this often takes months, if not years. It is commonly said about countries with socialized medicine that if you have a condition requiring specialized care, you may die before you get it.
Truly, the best option for you is to do the research yourself and make an informed decision. Take the points given here into consideration and decide what is best for you and your family.
by: Casey Trillbar