Ethical Issues in Health Care Finance Essay

The topic of honourable issues in all(prenominal) industry is usually interesting because it attracts a operative number of scholars and professionals to argue. This topic becomes even more interesting when it comes to wellness complaint finance. respectable issues in health business organization financial support begin, when defining gentleman health. Human health is a basic motive (Maharaj and Paul, 2011). It does not social occasion what type of health challenges a person has and whether a person is in a developed country or not. The issue with human health is that, all humans require health appropriate sermon when they need it. However, the health care system seems insatiable when it comes to financial backing. Health care financing source from an individual occurs at the at the point of delivery other than known as fees for services does not seem to bring forth a significant impact in the required health care financing (Hurley, 2001). It is authoritative to leave individuals as entities that wages for healthcare out of financing the health care industry and concentrate on the government, private agencies such(prenominal) as insurances and donors. The ethical issues in health care financing questions whether the major health care financiers the government and insurance companies can justify paying(a) for treatment for all human in the country.The argument with health care financing is that governments can pay for high medical technology ontogeny in terms of complicated medical equipments and new treatment technologies. It is important to understand that although advanced medical development are in place, in that location is an issue as to whether individual patients exit the able to brook treatment using this advanced technology (Maharaj and Paul, 2011). If individual patients go out not afford to use new treatment technologies, then it will be seeming that the new advancement in medical technologies are a acquire preserves of those with an upper economic advantage. This is contrary to the equity required in the health care system because health is basic need and consequently should be available for all. High cost of medical technologicaltreatment and a few populations who cannot individually afford for this treatment are not the only issues that raise medical treatment. The insurance industry is the greatest imposter in the health care industry.The insurance industry provides medical policies for every eligible citizen. While the insurance arrangement for healthcare financing is reassert through the assumption that country men and women are participating in sharing cost in paying up hospital bills. However, there is a crisis with the health insurance, which has raised significant ethical issues. This issues range from earthly concern of antithetical types of policies for different passel and the issues that, the insurance company rather than the cook determines the type of treatment the patient will g et because of different reason policies. Another incidence of diversity sets in even in with the insurance. alone like individual patient might not afford to pay high tech medical treatment at the point of delivery, the comparable is hazard in the insurance industry because insurances now require different policies for different individual (Maharaj and Paul, 2011).These different policies characterize people according to their guess such that, people of high risk pay more premiums that people of low risk. If this policy categorization is justified then there will be a new inequality that will set in. This inequality will arise from those who pay for high premiums and might never have to go to hospital unless an accident occurs. Health care financing will seem to be a long term debate bombarded with ethical issues that take long to solve. These ethical dilemma although exist to offer micturate solutions in healthcare financing, the whole issue boils down to whether the current happening in the health care industry offers beneficence, non-maleficence, autonomy and justice.ReferenceMaharaj, S.R. and Paul, TJ. (2011). Ethical Issues in Healthcare Financing. West Indian Medical Journal. 60. (4) 31-44 Hurley, J. (2001). Ethics, economics, and public financing of health care. Journal of Medical Ethics. 27. (4) 234-239.