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China: Bioethics, Trust, and The Challenge Of The MarketConfucian Trust, Market and Health Care Reform

China: Bioethics, Trust, and The Challenge Of The Market: Confucian Trust, Market and Health Care... Confucian Trust, Market and Health Care Reform Julia Tao Health care systems in the world are beset by a common problem. The problem to frame a moral basis for health care policy that provides all citizens with basic coverage, encourages innovation, contains costs, and supports commitment to trust and responsibility which can guarantee the reliable function of the market and the ethical behaviour of health care professionals. This paper begins with the background recognition that, first, while medical advances offer the prospect of lowering morbidity and morality risks through the development of ever more effective health care interventions, they at the same time generate more costs, particularly in societies with an increasing proportion of the population advancing beyond retirement age. Second, there are evidences that an egalitarian health care system which provides all citizens with all health care ser- vices can create moral hazards by removing incentives for the prudent choice and use of health care resources. Third, market forces can contribute to the efficient dis- tribution of medical goods and services, and to spur medical innovation in a medical market, if an appropriate balance is achieved between the roles of the government, private investment, and the market. Fourth, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

China: Bioethics, Trust, and The Challenge Of The MarketConfucian Trust, Market and Health Care Reform

Part of the Philosophy and Medicine Book Series (volume 96)
Editors: Tao, Julia
Tao, Julia
China: Bioethics, Trust, and The Challenge Of The Market — Jan 1, 2008
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Publisher
Springer Netherlands
Copyright
© Springer Science+Business Media B.V. 2008
ISBN
978-1-4020-6756-3
Pages
75 –87
DOI
10.1007/978-1-4020-6757-0_7
Publisher site
See Chapter on Publisher Site

Abstract

Confucian Trust, Market and Health Care Reform Julia Tao Health care systems in the world are beset by a common problem. The problem to frame a moral basis for health care policy that provides all citizens with basic coverage, encourages innovation, contains costs, and supports commitment to trust and responsibility which can guarantee the reliable function of the market and the ethical behaviour of health care professionals. This paper begins with the background recognition that, first, while medical advances offer the prospect of lowering morbidity and morality risks through the development of ever more effective health care interventions, they at the same time generate more costs, particularly in societies with an increasing proportion of the population advancing beyond retirement age. Second, there are evidences that an egalitarian health care system which provides all citizens with all health care ser- vices can create moral hazards by removing incentives for the prudent choice and use of health care resources. Third, market forces can contribute to the efficient dis- tribution of medical goods and services, and to spur medical innovation in a medical market, if an appropriate balance is achieved between the roles of the government, private investment, and the market. Fourth,

Published: Jan 1, 2008

Keywords: Common Good; Moral Ideal; Moral Character; Health Care Reform; Private Interest

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