Healthcare Finance

Running Head : ETHICAL ISSUES IN HEALTHCARE

Ethical issues in Healthcare

Insert Name

Institution

Case 1

The main intention of taking a medical cover with an insurance company is to guarantee minimal pay incase one is hospitalized . This however is turning out to be not the case this is due to the high profit centeredness that the insurance companies are portraying

When one is taking an insurance cover he is required to disclose every material information to the company , this should also be a matter of ethics for the insurance

companies to disclose the same to its clients more to this any extra financial benefit that a client may receive from an insurance company is treated as unjustified and should be surrendered this then should be the case with the insurance firms to share the gains (Discounts ) that they do receive with their clients (Francis Michele , 2008

In our case regarding to Gerald and Trigon blue cross /blue shield two unethical institutions arise that is the insurance company and the government . First the government should ensure that all of its citizens are subjected to affordable and high quality healthcare therefore legislative laws should be set to ensure that health of its citizens is not kept at risk by selfish insurance firms in doing so citizens productivity will be promoted thus increasing economic growth (Martin 1998

Insurance firms should also be ethical enough to disclose all the terms of the insurance cover to their clients like not to pretend that their sole...