DQ8-1

DQ8-1

1.

The government has a different interest for their residents in terms of health, economy, and wellness. Politics has a significant influence on healthcare, the absence of health knowledge, and health professional participation into the making of these laws shows the lack of success in these political-health interventions.

Defining these theories would allow a better understanding of their real intentions and desire for the people. At first, The public interest theory "Explains government intervention in markets and associated regulatory rules as responses to market failures and market imperfections. This theory argues that regulation promotes the general welfare rather than the interests of well-organized stakeholders" (Bokir, 2012.) The government is looking for health facilities to be responsible for the care they provide and contribute to their well-being in a long term manner, making consumers accountable for their decisions because quality will always be guaranteed.

On the other hand, the special interest theory is influenced by the demands of consumers and the hope to maintain their economic status so that all regulations would be created and implemented around those terms (Posner, 1974.) Social wise, this theory is the most convenient, ideal, and needed but realistically, governments cannot only invest in health and forget about other areas of interest such as education. Sadly, people usually take advantage of the system, and depending on benefits like those becomes a habit; proper regulations, frequent training, and closely monitoring are actions that governments should execute to avoid abuse and make surpassing theories like those possible.

Thanks

Reference

Body of Knowledge on Infrastructure Regulation. (2012). Public Interest Theory of Regulation. Retrieved from http://regulationbodyofknowledge.org/glossary/p/public-interest-theory-of-regulation/

Posner, R. (1974). Theories of Economic Regulation. doi:10.3386/w0041

2.

One thing that comes to mind as far as interest in the health care market is the undeniable special interest groups that are politically motivated and have special interest in successfully endeavoring to influence and can do this because they are very wealthy. These special interest groups contribute heavily to political campaigns.

Public interest theory:

Big government solutions, the government coming in and operating things because heaven knows, they undermine the policies that the people can fix problems privately. Government intervention to improve things is the biggest hoax. A regulated market economy differs from socialism, where government owns the means of production. "Metaphorically, supporters of regulation concede that private activity is the locomotive that moves the economy." Yes, government argues that they need to be the directors and regulators and basically that is what they believe is in the best interest of the public. (Special Interest)

Special interest groups depicted as evil and the only culprit to the poor do-gooders that are out to fix everything in the name of "public interest," are not the evil ones at all. It’s those lobbyists and “profit-motivated corporations” that cause all our problems, they say. In the name of public interest, there are more and more fines and codes and oppression, even genocide and war. Free markets on the other hand are just what the name implies, free. No coercion, no force, no NAFTA, completely voluntary and free.

Government intervention while disguised as something good, takes away a person's liberty and freedom to choose, it stunts growth with undo regulations and is influenced by politicians that are self-serving and have made their living off the public! (Mor) The government doesn't want to regulate because it has a heart, it wants to regulate because it has a special interest. We have no idea what we are doing, but the government well they are super smart and collect funds to distribute as they choose, how much better it would be if the choices were really in the hands of the people. (Mor)

What would be beneficial would be a free market healthcare system. It would massively drive down prices and costs, eliminate employer paid premiums, prices would be posted by physicians, people would be able to shop around and decide what is best for them, instead of the present Obama Care nightmare. ( 2017)

Healthcare. (2017, February 23). Retrieved July 04, 2019, from https://www.lp.org/issues/healthcare/

Mor, N. (n.d.). What role should governments play in healthcare? Retrieved July 04, 2019, from https://www.weforum.org/agenda/2015/12/what-role-should-governments-play-in-healthcare/

Special Interest. (n.d.). Retrieved July 04, 2019, from https://www.merriam-webster.com/dictionary/special%20interest

3.

When it comes to government intervention in healthcare, I think that the matter of putting healthcare decision in the hands of politicians who have no healthcare experience is futile. There are two theories that impact government intervention and that is public interest and special interest. Public interest theory is government intervention in markets and associated regulatory rules that respond to market failures. This theory promotes general welfare rather than interests of stakeholders as defined by the website, Public interest theory of regulation by Body of Knowledge on infrastructure regulation. Special interest theory are regulations that are made to benefit those that it regulates. For example, in healthcare, when you have created insurance groups such as Medicare and Medicaid it is made to benefit the elderly those who are 65 and older and those who are closer to the poverty line.

Between the two theories, I believe that the special interest theory is the most accurate because it is seen more commonly than not. Let’s take Medicare and Medicaid for example, it was created to benefit the citizens of America because there was a demand for there to be healthcare of some sort.

Reference:

Public Interest Theory of Regulation. (n.d.). Retrieved from http://regulationbodyofknowledge.org/glossary/p/public-interest-theory-of-regulation/

Yurtoğlu, N. (2018). Http://www.historystudies.net/dergi//birinci-dunya-savasinda-bir-asayis-sorunu-sebinkarahisar-ermeni-isyani20181092a4a8f.pdf. History Studies International Journal of History,10(7), 241-264. doi:10.9737/hist.2018.658