
Marketisation in Relation to the NHS: An Overview and Explanation
This blog post explores the concept of marketisation in the National Health Service (NHS) in the United Kingdom. It discusses the key features of marketisation in the NHS, arguments for and against it, and its impact on the healthcare system. The post examines how marketisation introduces market-based principles and mechanisms into traditionally non-market sectors, such as healthcare, and its potential effects on efficiency, competition, and choice. It also highlights the concerns raised by critics regarding fragmentation, inequality, and a focus on profit over patient care. The post concludes by emphasizing the need to strike a balance between market forces and the principles of a publicly funded and universally accessible healthcare system.