Public Versus Private Health Care

Public Versus Private Health CareMorgan Mowry & Isidora PideritEconomic Issues IdentificationPublic Health CareBudgetingWaiting timePrivate Health CareDemand maximizationInequality of services offeredAssessment of Economic IssuesPublic Health CareBudgetingLess improvements in infrastructureStaff shortageFewer services providedIncreased waiting time

Waiting TimeEmergency situations have the priorityLarge demand for health careNot enough doctors, staff and/or facilitiesPrivate Health CareDemand maximizationLow incentive to decrease health care demand Less preventive health care programsHigher health care expenditureInequality of services offeredOpportunity cost for poorer residentsMiddle class population struggles to pay medical billsCould eventually increase poverty ratesPotential decrease in labor efficiency

Options for Dealing With IssuesPublic Health CareBudgetingRe-assessment of the funding neededDesignate a portion of the budget to improvements in infrastructure, hiring the right amount of staff, and any other extra expenses

Waiting TimePreventive health care programsHiring more staff

Private Health CareDemand maximizationHigher governmental controlLaw enforcement

Inequality of services offeredSubsidies provided by the government for people that cannot afford health care