Download English writing paragraph and more Essays (high school) English in PDF only on Docsity! Should government take a more aggressive role in regulating healthcare or should market forces be allowed to reshape the system? Today's advancements in science and technology have paved new ways in the healthcare sector and have allowed human beings to provide effective cures for lethal diseases such as dengue and cholera. There is an ongoing debate on whether the government should be allowed to take a more aggressive role in regulating healthcare or should market forces be allowed to reshape the system? Let us first take a look at the term "market force", according to market business news (2019) market forces are the constituents that influence the availability of goods or services present in a society with the minimum involvement of the government. Market forces work on a push and pull concept. They are the forces of supply and demand. When the supply rises, the demand declines and vice versa. But when they reach a level of equity, an equilibrium is established. They are the backbone of the market’s economy. In so-called market economies, governments try not to intervene and allow market forces to allocate resources. However, in command economies, the market does not set prices. I believe the government should not be allowed to intervene because this can be a means to push through an ideology or score political points. The government should not force a person's freedom to purchase. It should be a person's own choice of what insurance policy best suits their needs. The government cannot operate without taxes and not everyone needs a lavish insurance plan, nor can everyone afford it. “Taxes discourage work, thrift, and risk-taking and not to forget that if all of private health insurance were ended, the government will have to face a whole new responsibility” (Forbes, 2019). They will have to set up ground policies and rules from scratch. As it stands today, prices are negotiated with private insurers and government programs feed off of these “customary” charges. Cato institute (2019) explains that although the government can help improve quality and lower the cost of healthcare and can play a vital role in protecting customers from force or fraud in the market. Such free reforms could help make insurance far more affordable for many people. But if they take a larger role in running the health care system, it surely will not work.
