Healthcare Responsibility: A Financial Perspective

Paper Summary:

This is an opinion paper looking at whether the individual or society should pay for healthcare. The thesis of the paper is that a system of universal healthcare with strong incentives for individual responsibility is the best option. The paper argues that this type of system allows individuals to receive the healthcare they need, which ultimately benefits society, and also encourages people to take responsibility for the fiscal implications of their healthcare choices.

From the Paper:

"Is healthcare a right or a privilege? While, on its surface an issue of ethics, a practical view of this question begs an analysis of its financial implications. With the cost of healthcare to consumers increasing and fewer companies willing to pay for these increases, workers pay more. The corollary question arises as to who should bear the primary responsibility of paying for healthcare -- the individual or society? Many nations provide universal healthcare and others such as Canada, that previously did not provide it, are moving..."

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