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Q: Is the NHS as a service price elastic or inelastic?
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Why is competition so important in business?

you can reduce inflation and invest in the neehus.. nehuss, ohh the nhs


Is the nhs a monopoly?

Yes it is virtually a monopoly although of course, there are private clinics and hospitals but they are still overseen by the State. A substantial number of people [more than we think] would like to see the NHS abolished in favour of people taking responsibility for their own health. NHS contributions are deducted from our wages. In addition, a large proportion of our other taxes go towards the NHS. Many libertarians would like to see the NHS abolished because if an individual decides to 'go private' for a health problem they have to pay again. They feel they are paying twice. NHS insurance as well as taxes are compulsory. You cannot opt out of contributions. The State always has first dip into your wages. The NHS employs millions of people just to run it - especially at the administrative level. And they all have to be paid! This is where the bulk of your money goes. The PCT alone takes up unbelievable amounts. A much smaller proportion actually goes on patient care. GPs wages are approx £450 a day for doing a bit of diagnosing and a few referrals if they don't know the cause of your problem. Their housing, holidays and lifestyles are guaranteed by the taxpayer. At the other end of the wage scale the reception staff [who do all the work and take all the patient's abuse] are lucky if they receive £50. They are usually women as women are less likely to respond to abuse and tend to be notoriously concentrated in these kind of low-paid jobs. Men would tolerate neither the abuse nor the low pay. Many people would like the NHS to be eradicated because of the dependency culture that it has generated. Some argue that it is the mummy and daddy of the nation. Most surgeries are filled with people with minor ailments and out of all the referrals only about one in every 500 genuinely have something wrong with them. If people had to pay they would ignore their minor ailments and refrain from turning up at casualty with a bunion. There is no way that the NHS can continue as a monopoly with an ageing population, one born every minute, increasing obesity, the mental problems that Western poverty causes and an ever expanding open house for all. Other countries manage well without a national service but the UK seems to think it cannot. Data reveals that many people would like to see small private houses set up as small practices with competitive quality care. The lower paid need sufficient wages in order to afford it. Some doctors would like to make their own minds up about who they take into their practice and who they would like to take themselves off elsewhere. The NHS is a hot potato with politicians. It acts as a buffer against revolt. If there is one thing guaranteed to incite mass revolution it would be the eradication of the NHS. Once a country has a national heath service it is impossible to get rid of it openly. However, aspects of it are being privatise albeit in very subtle way.


How does smoking affect your economy?

you have to pay more tax so the government can pay traetment to the nhs for people who get ill


How does membership of the European Union affect UK Parliamentary Sovereignty?

The Impact of the European Union The UK ascended to the EU on the 1st January 1973. Below is a summary version of some of the key effects of EU law on everyday life: Household: Home Information Packs (HIPs); Fortnightly bin collections; Higher household electricity bills, more wind turbines; Soaring water bills. Consumer affairs: Higher food prices; Written and pictorial health warnings on cigarette packets (including what font to be used); Disappearance of the Crown signs on pints; Lists of ingredients and warnings on food products; Phasing out of incandescent bulbs; Expensive electrical goods, and higher council tax; New Royal Mail pricing rules; Bureaucracy at the bank; High price of energy saving products; Banning vitamins and minerals; Fewer and more expensive fish; Extinction of swathes of vegetable varieties; The end of selling in pounds and ounces only. Transport and motoring: Car booster seats for children; Photocard driving licences; End of many rural bus routes; Creation of Railtrack; Harder and more expensive motorcycle tests; Preventing the return of the Routemaster bus; In future, all new cars will need to keep headlights on during the day. Law and order: Government's inability to expel EU criminals from the UK. Media, sport and entertainment: TV airtime quotas; Banning caps on foreign football players, higher wages, higher ticket prices for fans; Abolition of the 192 inquiries service and replacement with 118; Television advertising rules. Workplace: Banning workers from earning higher wages instead of taking holidays. Economy: The run on Northern Rock; Northern Rock downsizing; Post office closures. Health: Fewer training hours for doctors, compromised patient safety; Higher costs for the NHS.


What is the difference between private goods and public goods?

Public goods are goods where it is too difficult to separate between payers and non payers (The technical term is non-excludable) and where there are plenty of the good and so there is no reason to deny someone else use of the good (non-rivaled). For example, street lighting is a public good. The good is non-rivaled because somebody using the lighting does not make it less bright for other users. It is also non-excludable as you cannot make people pay for the good as they use it (You don't see coin slots on lamposts do you?) Goods such as Public Heathcare (NHS etc) are made public through the use of government, as it is common in many countries to charge people for visiting a doctor with an illness but the government uses its funds to allow the good to be available to everyone without causing this to impact anyone elses healthcare. (Obviously things are not as perfect in the real world as we do need to queue for our doctor, drugs etc). A private good is the opposite of a public good. It can no longer be used after consumption and is it is easy to make people pay for the good. An example of a private good would be a BigMac. Once someone has eaten the BigMac, there is none left for anyone else. Also it is easy to charge people seperately for their BigMacs.

Related questions

When did NHS-wide Clearing Service end?

NHS-wide Clearing Service ended in 2007.


When was NHS-wide Clearing Service created?

NHS-wide Clearing Service was created in 2006.


What does nhs on tires mean?

NHS on a tire means "Not for Highway Service"


What service is offered by NHS mail?

NHSmail is a secure directory and e-mail service that is available for all NHS staff to use. There is no charge for using this service to NHS employees working in England and Scotland.


What are the requirements to get NHS email?

NHS email is the national email and directory service available to NHS staff in England and Scotland. The requirements to get an NHS email include being an employee working for NHS.


What service does the NHS Professional website offer?

The NHS Professional, which means National Health Service Professional, website offers many different services. It serves to give more information on NHS and what they do in England.


How is the NHS funded?

The National Health Service also known as the NHS is publicly funded through taxpayer's money. The NHS is the healthcare system in England.


Who belongs the NHS London?

The NHS (National Health Service) is a national organisation and not just in London. It is government owned.


What type of organisation is national health service NHS England?

The NHS (National Health Service) provides free health care for UK residents regardless of income.


Where is nhs located?

The NHS (National Health Service) is the UK's free medical and healthcare service. There are about 358 NHS hospitals in the UK.


Who uses the nhs and what is it?

The NHS is the National Health Service, which provides healthcare free at the point of access for all UK residents. The NHS owns hospitals and pays for doctors and nurses.


Does Scotland and northern Ireland have a different NHS service to England and Wales?

Each of the four countires in the UK has their own NHS service. They are called:National Health Service - EnglandNHS ScotlandNHS WalesHealth and Social Care in Nothern Ireland