This video explains what globalization exactly is and how it relates to healthcare. It explains more about the obama healthcare reform bill is going to help Americans for the better.
It has become commonplace to observe that we all now live in a globalized world, transforming the way we live and work. Globalization describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. Globalization implies the opening of local and national perspectives to a broader outlook of a more connected and interdependent world with free transfer of capital, goods, and services across the nation. The pro-globalization perspective argues that globalization promotes global economic growth, creates jobs, makes companies more competitive, and lowers prices for consumers. Also, Globalization provides countries with the chance to develop economically by spreading prosperity, and creates the conditions in which democracy and respect for human rights may flourish. The anti-globalization perspectives argue that globalization is inequality for the majority of the world. They argue that the richest 20% of the world’s resources consume 86% of the world’s resources, and the poorest 80% consume just 14%. These people also argue that globalization is an exploitation of labor. It has inhumane working conditions, and the safety standards are ignored to produce cheap goods.
Millions of people are without healthcare because businesses do not pay for their healthcare or give them an adequate wage so they can pay for it themselves. The Institutes of medicine reports each year 18,314 Americans die prematurely solely because they cannot afford health insurance. Globalization affects this because countries start to compete for cheaper healthcare insurance. Medical tourism is growing trend of people traveling overseas for cheaper medical care. In 2008 a report showed that 1.5 million Americans sought overseas medical care. This is a good. Overall the U.S charges more fees for medical treatments than other countries like Switzerland. 47 million Americans cannot afford to buy healthcare insurance. Yet, some countries like Canada require no deductibles to be paid for healthcare. This is what people call outsourcing. Outsourcing is another term for Globalization. For example, within a hospital, they have the medical care along with the supplies the hospital needs in order to receive medical care. If the U.S. doesn’t make the machines that the hospital needs they have to go to businesses outside of the U.S. to get them. This is overall a good method because it allows people to explore other countries healthcare insurance. If we stay in the U.S. then we are only limiting ourselves to poor healthcare insurance with an expensive deductible. By being able to expand overseas we can save a lot of money and maybe even influence the U.S. to gain some of the overseas policies.
Beside South Africa, America is the only developed country that does not have some form of universal healthcare. Universal health care is healthcare provided by the government, meaning there are no out of pocket payments. People do not have to get their insurers to preapprove their healthcare physician or facility. Places that have Universal healthcare are dealing with the same problems as the U.S which are heart attacks, Strokes, Parkinson’s disease, infectious disease etc. Due to Globalization the standards of international healthcare are rising rapidly. In order for the U.S to keep up with other countries it is being forced to undergo major changes in the way healthcare is distributed and managed. This is what American wants to happen. In March 2010 president Obama passed the Healthcare reform Bill which is largely modeled after successful universal healthcare systems. This reform is meant to cover Americans who cannot afford insurance,-An estimate of 32 billion-, mandate healthcare by 2012, ensures that insurance companies do not deny coverage to people with pre-existing condition, and requires insurance companies to cover children under parents’ insurance until age 26. This will also lower the cost of health care- saving an overall estimated $130 billion within the first 10 years. Overall this healthcare reform will provide all Americans equal healthcare.
The WTO and IMF can contribute to reform in a major way. Benefits of WTO help to keep peace. The WTO is based on rules not power. So if rules where set that preexisting medical problems wasn’t required in order to get denied healthcare then people wouldn’t get turned down by these healthcare companies. The insurers could also provide consumers with more healthcare choices. The WTO could even provide more employment opportunities to people. The IMF is also beneficial. With the U.S. in so much debt, the IMF could possibly provide short term loans to avoid more people of denied healthcare coverage and currency instability within medical care. Since one of the major problems in healthcare is the lack of healthcare, the IMF could help rebuild the U.S. international reserves. Overall these organizations could help keep money in the healthcare system so that there is enough healthcare and medical treatment to go around.
In conclusion, Globalization affect healthcare in many ways. It can be for the better of healthcare or argued to stop the globalization of healthcare. Globalization is a great method when it comes to healthcare. It really allows people to explore different methods of healthcare coverage. People shouldn't limit themselves to just one way of health care because as people can see its leaving people without healthcare coverage. Healthcare in the U.S. are improving for the better and hopefully one day Americans can be promised the right that they are entitled to.
Millions of people are without healthcare because businesses do not pay for their healthcare or give them an adequate wage so they can pay for it themselves. The Institutes of medicine reports each year 18,314 Americans die prematurely solely because they cannot afford health insurance. Globalization affects this because countries start to compete for cheaper healthcare insurance. Medical tourism is growing trend of people traveling overseas for cheaper medical care. In 2008 a report showed that 1.5 million Americans sought overseas medical care. This is a good. Overall the U.S charges more fees for medical treatments than other countries like Switzerland. 47 million Americans cannot afford to buy healthcare insurance. Yet, some countries like Canada require no deductibles to be paid for healthcare. This is what people call outsourcing. Outsourcing is another term for Globalization. For example, within a hospital, they have the medical care along with the supplies the hospital needs in order to receive medical care. If the U.S. doesn’t make the machines that the hospital needs they have to go to businesses outside of the U.S. to get them. This is overall a good method because it allows people to explore other countries healthcare insurance. If we stay in the U.S. then we are only limiting ourselves to poor healthcare insurance with an expensive deductible. By being able to expand overseas we can save a lot of money and maybe even influence the U.S. to gain some of the overseas policies.
Beside South Africa, America is the only developed country that does not have some form of universal healthcare. Universal health care is healthcare provided by the government, meaning there are no out of pocket payments. People do not have to get their insurers to preapprove their healthcare physician or facility. Places that have Universal healthcare are dealing with the same problems as the U.S which are heart attacks, Strokes, Parkinson’s disease, infectious disease etc. Due to Globalization the standards of international healthcare are rising rapidly. In order for the U.S to keep up with other countries it is being forced to undergo major changes in the way healthcare is distributed and managed. This is what American wants to happen. In March 2010 president Obama passed the Healthcare reform Bill which is largely modeled after successful universal healthcare systems. This reform is meant to cover Americans who cannot afford insurance,-An estimate of 32 billion-, mandate healthcare by 2012, ensures that insurance companies do not deny coverage to people with pre-existing condition, and requires insurance companies to cover children under parents’ insurance until age 26. This will also lower the cost of health care- saving an overall estimated $130 billion within the first 10 years. Overall this healthcare reform will provide all Americans equal healthcare.
The WTO and IMF can contribute to reform in a major way. Benefits of WTO help to keep peace. The WTO is based on rules not power. So if rules where set that preexisting medical problems wasn’t required in order to get denied healthcare then people wouldn’t get turned down by these healthcare companies. The insurers could also provide consumers with more healthcare choices. The WTO could even provide more employment opportunities to people. The IMF is also beneficial. With the U.S. in so much debt, the IMF could possibly provide short term loans to avoid more people of denied healthcare coverage and currency instability within medical care. Since one of the major problems in healthcare is the lack of healthcare, the IMF could help rebuild the U.S. international reserves. Overall these organizations could help keep money in the healthcare system so that there is enough healthcare and medical treatment to go around.
In conclusion, Globalization affect healthcare in many ways. It can be for the better of healthcare or argued to stop the globalization of healthcare. Globalization is a great method when it comes to healthcare. It really allows people to explore different methods of healthcare coverage. People shouldn't limit themselves to just one way of health care because as people can see its leaving people without healthcare coverage. Healthcare in the U.S. are improving for the better and hopefully one day Americans can be promised the right that they are entitled to.