We should guarantee healthcare as a right of citizenship. It’s time for the U.S. to provide universal healthcare to all.
The healthcare market is characterised by asymmetric information. The healthcare practitioner typically has more knowledge of the service being provided than the patient who is the consumer. The patient’s lack of expertise means he or she is ill-equipped to judge the quality of health care.
The concept of a truly universal health care system is simply impossible. The economy cannot provide for every single citizen. What if there is a homeless person who needs cancer treatment that costs millions of dollars?