Issue 11 taking sides clashing views on political issues seventeenth Essay

Issue 11 taking sides clashing views on political issues seventeenth edition - Essay Example Nobody can know what will happen to them tomorrow and when they will exactly fall ill. The indispensability of health insurance is best understood at the time someone is critically ill and he/she cannot pay the hospital bill immediately. If he/she is assured of health insurance the person need not worry about how he/she will pay for the medical treatment. By this way it is within their reach to safeguard their health and future Apart from providing financial security the health insurance promotes good health. Reduced cost of health services offered by the insurance plans induces people to go for health checkups and to take preventive medical care thereby avoiding any impending major illness. Health insurance takes care of old people as well. Most of the working families have no time to look after elderly people and they are left in old age homes. The old people often feel helpless when they are ill and have no money to pay for the hospital fees. If health insurance is available to them it will come to their rescue at the time of crisis Many people believe that in addition to providing financial stability, health insurance promotes good health. By reducing the personal cost of medical services, insurance induces people to go for regular checkups there by avoiding any impending threat to their health. On comparing the health care system in US with the other industrialized nations in the world Ezra Klein says that Canada, France Great Britain and Germany provide better health care for their people at lesser cost than US Canada is a single payer, rather than a socialized system. That means the government is the primary purchaser of services, but providers themselves are private (Ezra Klein. The Health of Nations, the American Prospect, May 2007 (1820). In the single payer system the cost of medicines as well as administrative costs is less In the French system, which is appreciated for its