A Case against Universal Health Care

Health care spending as a problem

In their article, Krugman and Wells (2006) argue that in the year 1960s, the United States only spent 5.2 percent of its GDP on healthcare programs. However, by the year 2004, the figure had increased to 16 percent. About this, Krugman and Wells (2006) states that American spends more on its health sector as compared to any other sector in the country, including food. They argued that the growth in the health sector has far outstripped the overall economic growth, which has been increasingly associated with the advancements as well as development and increase on the use of new medical technologies within the field of medicine.A Case against Universal Health Care

Cohn (2007) also argues on the aspect of health spending and identifies a number of issues surrounding the health system of the United States. First, Cohn (2007) points out to the fact that the United States health care is much expensive and only favors the rich people who are able to meet medical expenses, just like Mike. However, Cohn also argues that those people who cannot afford the costs of the medical bills suffer a lot, as their health concerns may not be sufficiently addressed.