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Healthcare system
A Healthcare System is the organization by which an individual's healthcare
is provided.
Whilst from an economic perspective, healthcare may be viewed as just
another product or service to be purchased by an individual, healthcare has
many special characteristics that encourage government intervention to a
greater or lesser extent:
* The provision of critical healthcare treatment is regarded as a basic
human right, regardless of whether the individual has the means to pay
- and some forms of healthcare treatment cost more than a typical
family's life savings.
* Healthcare professionals are obligated by their oaths of service to
provide lifesaving treatment.
* Consumers, generally, lack the information to be able to rationally
choose between alternative healthcare providers when they need
treatment, particularly in urgent treatment.
Models of Healthcare Systems
* Purely Private Enterprise healthcare systems are comparatively rare.
Where they exist, it is usually for a comparatively well-off
subpopulation in a poorer country with a poorer standard of healthcare
- for instance, private clinics for a small expatriate population in an
otherwise poor country. But there are countries with a majority private
healthcare system (liberal healthcare system) with residual public
service (medicare, medicaid).
* The other models are the majoritarily Public Insurance Systems:
o Social security healthcare model, where the workers and their
families are insuranced.
o National Health Service model, where the resident people in the
country is insuranced.
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