ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Opportunity costs in health and healthcare

Updated on July 23, 2015
Source

The decisions we make regarding our health revolve around such values as convenience, financial cost, and tradition. We learn a lot of things from role models; I learned to brush my teeth twice a day, but I also saw from my parents that eating fast food was okay because my mom would buy it for me when I was a child. We are considerably set in our ways… It can be difficult to change your routine. It's definitely possible to, for instance, get some exercise into your day, but many choose not to because they worked too many hours and don’t have enough time; they value making money, spending time building a resume, etc. to consider exercise important enough to do. The convenience factor is something many Americans value because they’d rather eat what’s in front of them than check the store around the corner, or the health food store.

For every “bad” choice people make regarding their health, there is a better one that can be made, or better consequences that could arise. Many people don’t have health insurance (45 million, about) because it costs money, or because they don’t understand how important it is. They may think they’re saving money by not paying monthly, but in the end, if they get seriously injured, it could cost tens of thousands of dollars. I really want health insurance, so I am willing to face opportunity costs by continuing to take classes so I can stay under my parent’s health insurance, or finding jobs that I may not totally enjoy but that offer health and dental.

Because there are so many choices we can make as far as our health goes, that means there are also a wealth of opportunity costs, and at various levels. For all of the money that people pay for healthcare, there could be money for vacations and other luxuries, or even activities that can truly help prevent health problems from the start, like better air filters or vacuums to prevent or alleviate asthma and allergies.

There are certainly alternatives to regaining health, but there are several barriers. For instance, many people just aren’t aware of the facts about health; they may not know that what they eat is bad, or that the exercise they’re trying is really not effective. I also personally believe that doctors and drug companies are a big part of this because I think that people are overdiagnosed with diseases and conditions that really don’t exist or that are exaggerated (back to the “disease-care system” concept). I remember watching a commercial for a drug that can help middle-age guys that feel stressed out from everyday pressures… It sounded like any middle-age man could have qualified to take it! Every person who would take such a drug makes for more money for drug companies and doctors. If people get that mindset, they’ll keep thinking they have a condition that there’s a drug for, and they’ll keep going to their doctors and paying for appointments, then pay for drugs and keep paying for the prescriptions. Eek.

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)