PHIL 2408 Lecture Notes - Lecture 3: Market Failure
25 May 2016
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Document Summary
Health has an intrinsic value that is undermined by the ascription of a price tag. It distributes according to ability to pay, but not everyone can pay. 1: health is unpredictable, how much to save for, competitive insurance/risk-pooling is inefficient insurance companies spend lots of money investigating patients" history. In the states, certain expensive insurances cover hugely innovative technical treatments, not offered in canada because only standard treatment is covered. Rich is not allowed to buy quicker access to treatment. Health expands the range of options we are free to pursue. Like education, health allows us to achieve goals. Canada"s public health care shows that canada cares about human life. Norman daniels and equal opportunity for health care. How do we identify needs that meet this criterion: course of life needs: needs we all have or will have at some point in life, adventitious needs: needs contingent on projects we have chosen to adopt.
