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Posted: December 16th, 2022
Public Health Spending
Moral Hazard
I suppose one could make the argument that higher amounts of public health spending could result in some cases in moral hazard. The moral hazard is that an individual who is receiving more public health resources might save on his or her own personal money required for healthcare. That would translate into more disposable income for other items, such as, more red meat, more sugary drinks, more cigarettes, and perhaps more alcoholic beverages. It is important to note here that people should not be judged or criticized for wanting a higher standard of living. I think it is common knowledge that people in developing countries are asking for more protein in their diet. The conclusion I draw from the moral hazard argument is that higher amounts of public health resources should be accompanied by more public health education. Then the new choices available to people can be healthy choices.
Reply to my Professor, 250-275 words, must have a peer reviewed source
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