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It is not possible for a country to provide unlimited medical services to all of its...

It is not possible for a country to provide unlimited medical services to all of its citizens. There simply aren’t enough resources to do this. This is why we often find that we have to ration or limit access to medical care. Briefly discuss what is meant by government non-price and market-determined price rationing. In your own words, discuss the issues with rationing care. Do you agree with it? If not, how can, considering the amount of resources we have, can we do this?

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Rationing is the distribution of amount for products and services among competing users..Government ration determine the regulatory rationing.. government passes laws and decide who receives that services..US government price restrictions allow limited prices from high to equal cost..

Market - determined price rationing is a company use the price ratio to compare a market value by deciding price per share..it is price - equity ratio..market price rationing reflects on company future cash flows..

Government action non price rationing will see wage and price controls, interest rate regulations,tariffs etc..in market determined price rationing company decision regarding cost, benefits of various courses of action..

Market pricing rationing some time slow process but govenment have short cut programs and quick fix solutions to economic problems..prices will be determined by market .. government fixes the price either low or high to save interest of consumer or products..Due to high fix action price by government many people can not afford to buy the services..when the government adopt market price for their services the transaction will take place to get services and solve the demand for medical services..

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