Healthcare Should Put Patients First Not Shareholders
Do you know what has happened in our world? Everything has become about making profit. Look at the example of healthcare insurance. It would be logical to think that the care of the patient would be first and foremost in this sector. You would be wrong, since privatisation has come in via neoliberalism, shareholders have become the primary concern of those in the business of providing healthcare insurance. We are now putting the cart before the horse. CEOs and boards place profitability and returns for investors above all else. Patients do not get the timely care they need because it is all about spending less. These companies like United Healthcare are making $450 billion revenues annually. Neoliberalism puts consumers and workers at the bottom of their priority list and shareholders at the top – this is wrong. Healthcare should put patients first not shareholders.
Economics Fresh Politics
