Democracy didn't fail us. Our politics failed us.
Trade in health services, especially the migration of healthcare professionals (HCPs), is continuously growing. As such, developing countries such as the Philippines, export healthcare professionals to other countries (mostly developed countries). The liberalization of trade in health services, espoused by the ASEAN Integration, has further promoted this migration of health professionals. Since the “world price” … Continue reading Pen Point 37
Given adequate information, the market theory assumes that consumers know what is best for themselves; hence, they make choices that maximize their total satisfaction. If this assumption is wrong, markets may not efficiently produce. We call this satisfaction consumers gain from consuming a good or service as “utility”. The satisfaction (or utility) depends on the … Continue reading Pen Point 36
Issues with equity have influenced health care for many years. Equity, in the context of social health insurance such as the Philippines’ Philhealth, means access of the whole population to a package of health services by paying an affordable contribution, and sometimes no contribution at all (for senior citizens and indigents). Philhealth can improve access … Continue reading Pen Point 35
We shape society but society also shapes us.
Just because we're used to something doesn’t mean we’re getting what we truly deserve.
Sometimes they hear you but don't really listen.