Write at least a 200-word posting in which you answer the following question and explain your answer. Should the United States rely on market forces to adjust the specialty mix of physicians in the USA or should the government adjust residency financing to bring about the desired mix of physicians?
in 100 words write what you found interesting about this paragraph and what you like about the post.
Should the US rely on market forces or adjust Residency Financing
To bring about the specialty mix of Physicians?
The government should adjust residency financing to bring about the desired mix of physicians instead of relying on market forces to adjust the specialty mix of physicians in the USA The United States has the most specialty mix in the world as the government continues to support residency training. Other countries have a high proportion of physicians in primary care or non-specialist fields. This causes problems not only for patients but also for federal funding for Medicare and Medicaid. As specialty training continues to increase, there are two primary effects:
increased health insurance premiums and an aging population that is increasingly vulnerable to chronic disease because of a lack of prevention education and healthcare providers. Fatalism is rising as older people are less likely to seek preventive care.
The United States continues to use market forces to determine the number of physicians in the country despite evidence that market forces are not effective in meeting the needs of patients. Through its monopoly on residency slots, the public has been subsidizing training for forty years and has led to an oversupply of specialists and a shortage of primary care physicians. As a result, the number of residents has increased at twice the rate of population growth since 1952
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