By Caitlyn McGregor, Contributing Writer
Healthcare is a crucial aspect of a country’s development and its citizens’ well-being. The question arises whether having better healthcare for citizens can contribute to a better economy. Better healthcare for citizens can result in a stronger and more productive workforce. When individuals have access to quality healthcare, they are less likely to fall ill or suffer from chronic conditions. This means that they will have fewer sick days and can maintain consistent employment. Additionally, better healthcare allows for early detection and treatment of illnesses, leading to faster recovery times and decreased absenteeism. A healthier workforce can therefore contribute to a more efficient and productive economy. Ali Hernandez, a freshman at Saint Leo University, shared that, “Better health would make a better economy, because it can help to catch sickness earlier so people are less likely to get sick and need time off. With more people working, it’ll boost the economy,” Hernandez stated.
Better healthcare can help reduce overall healthcare costs. When individuals have affordable access to preventative care, they are less likely to require expensive interventions or emergency treatments. Regular check-ups and preventive measures can help identify and address health issues before they become severe, which can reduce the burden on the healthcare system. Lower healthcare costs can free up resources that can be directed towards other sectors of the economy, such as education or infrastructure. Also, in hand with better healthcare includes primary healthcare.
There has been significant research comparing the quality of specialty and general practices. Studies carried out by specialists have found that specialists tend to adhere more closely to disease-specific guidelines for health issues, correlating to improved preventative procedures and prescription decisions. This research has led to the suggestion that primary care may often be superior in overall quality, due to the all-encompassing approach to health. Better healthcare for citizens can also lead to increased consumer spending. When individuals have confidence in the healthcare system and know that they will be taken care of in case of illness or injury, they are more likely to spend money on non-essential goods and services. This increase in consumer spending can stimulate economic growth, as businesses thrive when people have the means to purchase their products or services. This, in turn, leads to job creation and a boost in the overall economy.
There is a strong relationship between better healthcare for citizens and a better economy. By ensuring access to quality healthcare services, countries can benefit from a stronger and more productive workforce, reduced healthcare costs, and increased consumer spending. It is crucial for governments to prioritize the well-being of their citizens by investing in healthcare, as it can have far-reaching positive effects on the economy and overall development of the nation.
