Few topics of public debate elicit more emotion in people than the role of the private sector in health care. It is often argued that profit has no place in this sector, especially when it comes to hospital care. Some people think that the profit motive would encourage “the cutting of corners,” that profit would add to the cost of providing a service, or that for-profit medical facilities would avoid the more complex cases or those perceived to be “less profitable.” Are these beliefs justified? This Economic Note will shine a light on this question, based on the experiences of countries in Europe.
|It’s Time to Overcome Private Healthcare Fears (The Huffington Post, November 14, 2014)|