
What Universal Healthcare Could Mean for the Health Industry
What Is the Health Industry, Anyway? In a sense, it’s right on the tin: an Industry of Health. The health industry is an industry that runs hospitals, nursing homes, and other healthcare services for a profit. Much like housing, entertainment, and commercial industries, the health industry runs on the same motives and objectives — profit. Furthermore, they all exist within a market economy, answering the principles of supply and demand and so forth. Except here, instead of providing movies and music, houses and apartments, it’s providing healthcare. What is the one thing all industry seeks more than anything? Profit. It is the one thing it lives for — the perpetual growth of itself. Now, did you catch that? There’s one little word there that’s going to be very, very important…