Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Advantages and disadvantages of privatization
Merits of privatization
Advantages and disadvantages of privatization
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Advantages and disadvantages of privatization
The Medibank Australia was founded by the Australian government in 1976, as the Medibank is a largest private health insurer in Australia. The government believes now it’s time for them to move forward and privatise the Medibank at the end of this financial year or next financial year. The reasons why the government is privatising Medibank, is to retain the service and excellence of stages of Medibank clients, ensure the sale development treats medibank workers in a decent manner, as well as to reduce any problems sole over the post years, such as liabilities of the government. Thus, it will help the government by bringing more powers within the business of private health insurance, by competing with others country.
Moreover, privatising Medibank will bring great values and health result to all the residents in Australia. On one hand, the government will still put a massive useful, virtuous and viable for the private health insurance business (Medibank. 2014). This essay will examine the goods and service that privatization provides and why the Australian government should privatise the Medibank
One of the good reason why the Australian government should privatise the Medibank to the business owner, is since that public sector works are undertaken to meet the needs of community whereby the private sector works are more straightforward with a massive focusing on achieving the prospects of profit. By selling the Medibank to the private sector, means the Australian government will be able to receive profit from it which could help those residents in need as well as supporting the states with 15 percent of payments to help the Australian government with a new equipment that they required, instance building roads, education and new...
... middle of paper ...
...(Csaba, Laszlo, 1994 p28).
Works Cited
Medibank. 2014. Privatisation of Medibank. [ONLINE] Available at: http://www.medibank.com.au/about-us/privatisation/. [Accessed 05 May 14].
The Australian. 2014. National Affairs. [ONLINE] Available at: http://www.theaustralian.com.au/national-affairs/coalitions-10bn-asset-clearance/story-fn59niix-1226905277289#. [Accessed 06 May 14].
Hubbard, R, Glenn, 2013. Essential of Economics. 2nd ed. Australia: Pearson Australia
Fran Collyer, Jim McMaster and Roger Wettenhall, 2001. Public Enterprise Divestment. 1st ed. Pacific Institute of Management and Development: South Pacific.vernment
Roth, Gabriel, 1987. The Private Provision of Public Service in Developing Countries. 1st ed. United State of America: Oxford University
Csaba, Laszlo, 1994. Privatization, Liberalization and Destruction. 1st ed. England: Dartmouth
Municipal control or an alternative delivery method? This is the question that has intrigued all levels of local government and created intense debates between taxpayers across municipalities. The services that municipalities provide are often vital to the existence of a local area. The issues of accountability, cost savings, quality of service and democracy often arise when choosing the best options to deliver services to a municipal area. In recent years the concepts of privatization, alternative service delivery and public-private partnerships are often promoted as ways cut down on overburdened annual city budgets and promote a higher quality of service to citizens. Municipalities have historically always provided basic services such as fire protection, water purification/treatment and recreational facilities. However, would private companies or another municipality be able to better deliver the same services more efficiently or at a lower cost? The city or town often provides a political grass roots approach to most local problems. Municipalities are better positioned and have a wider scope to provide services to their constituents in order to ensure quality of service that does not erode accountability and transparency, or drive the municipality deeper into debt.
In this paper, there will be a comparative analysis to the United States (U.S.) healthcare system and Canadians healthcare system highlighting the advantages and disadvantages of both.
The Australian Health Care System is regarded world class for its effectiveness and efficiency. It consists of the mix system of health providers in both the private and public sector. The funding mechanism is highly advantageous to its entire citizen, which consists of the 30% Rebate, Pharmaceutical Benefit and Medicare. In particular, Medicare has been ensuring all Australian nationals with access to free and low cost medical, optometric, hospital care with special option to private health services in special circumstances.
Recently, Canada’s health-care delivery system has undergone changes, affecting access to services. Although Canada’s public health-care system is universal, privatization of health-care services has increased in the past two decades (Ives et al., 2015, p. 150-151). Privatization is “a
The health care system in Canada seems to be a well-functioning system, but is it really? The negatives of the system are rapidly growing and the positives of the system are decreasing in the eyes of Canadian citizens. This paper will weigh the positive and negatives of Medicare, followed by a personal response on what could be fixed in order to make the system better than it is now. The positives of our health care system are great aspects to have, but the system is beginning to show many signs of attrition because of it (Simpson, 2012). Each individual should be charged for a doctor’s service, as it may resort in less wait times and decreased costs in taxes.
... aid across the world. As we have established that we do have an obligation to redistribute globally in a cosmopolitan perspective, distributing wealth however we may need to rethink what the best assistance is. Amaryta Sen conveys that before sending aid to the third world state, we would need to fully understand the limitation of freedom in the country. Redistributing wealth to global countries requires it to be evaluated by the economic shortage that they are suffering and to see whether it will be efficient in the long run. The more effective ways to contribute would be to international relief agencies or NGO’s that would pursue international development projects to help those in poverty or the alternative option by Tom Campbell’s idea of a ‘Global humanitarian levy’ which suggests a more appropriate taxation on all citizens to collectively aid those in need.
The public health care system in Canada is still flawed, proven through the wait times that many patients have to go through. Canadians may wait up to six to nine months for “non-urgent” MRIs . The waiting list is dreary for Canadians, unlike Americans who can get their services immediately through paying out-of-pocket, the long public sector in Alberta waits up to a year for services, the wait for cataract surgery was six weeks ; these waits for some patients put the public health care system to shame, and helps push the idea of the privatized health care system a bettering option for the future of the nation. Additionally, 41 percent of adult Canadians said they experienced a difficulty in accessing hospital and physician care on weekday nights and weekends . Furthermore, it is still evident that Canadians in fact pay a higher income tax compared to Americans, due to the fact that they are paying the fund the health care system through their taxes; however, it is still significantly less to pay for a public health care system than it is privatized . Privatization is further proved as a superior choice with regards to the discharge situation many Canadians face. In Canada, it is common to see patients discharged earlier than recommended due the rising amount of patients using the free-of-charge public health care system, patients are released “quicker and sicker” because of this . Additionally, when discharged, the public health care system does not cover home care and private nurse care ; further proving the notion that there is still some forms of privatization already in the health care system in
Willis, E, Reynolds, L & Keleher, H 2012, Understanding the australian health care system, Mosby Elesvier, Chatswood, NSW.
The Australian health care system comprises both the public and the private health sub-sectors. The health care system concerns itself with the financing, formulation, implementation, evaluation, and reforming of health services. The main sources of f...
An issue that is widely discussed and debated concerning the United States’ economy is our health care system. The health care system in the United States is not public, meaning that the states does not offer free or affordable health care service. In Canada, France and Great Britain, for example, the government funds health care through taxes. The United States, on the other hand, opted for another direction and passed the burden of health care spending on individual consumers as well as employers and insurers. In July 2006, the issue was transparency: should the American people know the price of the health care service they use and the results doctors and hospitals achieve? The Wall Street Journal article revealed that “U.S. hospitals, most of them nonprofit, charged un-insured patients prices that vastly exceeded those they charged their insured patients. Driving their un-insured patients into bankruptcy." (p. B1) The most expensive health care system in the world is that of America. I will talk about the health insurance in U.S., the health care in other countries, Jeremy Bentham and John Stuart Mill, and my solution to this problem.
Newman, Alex. “Examining Healthcare: A Look Around the Globe at Nationalized Systems.” The New American. 15 Sep. 2008: 10. eLibrary. Web. 04 Nov. 2013.
With increasing concerns of debts and deficits, Canada’s publicly funded health care system has recently become the target of fiscal attack. Efforts to reform and restructure the system have produced few results. Currently, some governments throughout the country are looking towards a more radical approach. An approach that would see not only the reform and restructuring of the method of operation of the current system, but that would change the system entirely. The proposed idea? In Alberta, it is to increase the role of the private sector in the current system.
2008, p. 144); in other words, the privatisation is a policy run and controlled by the government, this privatisation movement was based on human rights, control of prices and the regulations of the health services and social care in order to promote better outcomes and better standards of care.
UK health care system, in turn, attracted to its topicality. National Health Service (NHS) occurred in several business ideas in the name of the article. UK health care system seemed also to be justified. It focused on patients' rights, as well as equality. The National Health Service (NHS) in England had undergoing changes on April 2013 (NHS 2009). Changes in the health care system in the English interest me but in this work I did not go into them.
Sapru R.K. (2008) P370 argues that New Public Management (NPM) is a new model of public sector management which emerged in the beginning of the 1990 in response to the challenges of globalization, global competitivenes...