Privatiziation of medical care, good or not?

Summary

This article talks about the pros and cons of having to privatize medical care, The privatization of health care involves provision involves both the creation of new for-profit medical services - nursing homes, hospitals, specialized clinics for menopause, pain, cosmetic surgery, child development ,etc . Having privatization also benefits the seniors that they can stay in traditional fee-for-service Medicare and keep the doctors they trust,but the bad thing about this is in order to get a prescription drug benefit they must sign up with private insurers for a privately run drug plan. Although this article encourages that the privatization is not a good idea since it wouldn't be insured by the government and so on.

Connection
In this chapter it talks about privatization, how provincial governments have privatized government- operated business such as liquor stores, electricity, and ambulances.Privatization is a worldwide phenomenon. In recent years all levels of government, seeking to reduce costs, have begun turning to the private sector to provide some of the services that are ordinarily provided by government. The spread of the privatization movement is grounded in the fundamental belief that market competition in the private sector is a more efficient way to provide these services and allows for greater citizen choice. But there are concerns about service quality, social equity, and employment conditions raise skepticism of privatization.

Personal Reflection
I agree that privatization will help to profit the federal government in a sense of them not spending tremendous amount of money on services of various business that serves citizens like bus transportation ran by provincial government . But services like medical care should not be privatized because illegal procedures can be taken when it comes to the distribution of medical drugs and uncertified surgeons being hired in some countries. Although it can become beneficial to patients but there are risks along the way. Privatization in general can benefit the economy because of the ransom amount of crown corporation being sold to be privatized brings over 6 million dollars to governments around the world.

Source: http://findarticles.com/p/articles/mi_qa4110/is_/ai_n9246572