Healthcare fraud in the US is more common than one would think. In fact, the US government loses billions of dollars each year due to fraudulent billing, kickbacks, and other illegal activities by physicians, hospitals, pharmaceutical companies, and many other stakeholders. In my opinion, the fines for healthcare fraud should be stiff, especially in cases that result in unnecessary injuries or deaths. In my estimation, one of the best things that can be done to improve healthcare, and minimize incidents of fraud is to eliminate the profit motive from the healthcare system. In a video about Health Management Associates ( ...
Essays on Profit Motive
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Introduction
Banking is a major part of most modern nations. This is because they form as the point for an organized financial sector and allow for regulations to be applied and carried out. In spite of this, banks have been used as a tool for capitalism and the pursuit of personal interests and this has led to serious consequences for the economy. However, Parramore indicates that the idea of bailing out banks during financial crisis is a fraud on the taxpayers and this is akin to robbery. The purpose of this paper is to critically analyze the position of Parramore ...