Over the centuries, countries have struggled with wealth inequality and wage gaps. It is no doubt that in our modern society, quality of life and abundance of luxury prove that wealth can provide people with better opportunities. However, healthcare is not simply an opportunity but a matter of medical service. As countries around the world struggle to bestow proper healthcare to every individual, categorization of insurance policies have become well established. National and privatized healthcare insurance are brought into conversation quite frequently and without context. It is crucial to understand the structure of both, to better proceed with solutions for each country. Our world has many political and social tensions; There are evident education disparities, differences in work opportunity, and even discrepancy in social constructs. Despite these social, political, and economic differences, standard healthcare is a basic necessity that every individual should have access to. Unfortunately, that is not the reality in our world. It is evidently clear that our society lacks the proper education regarding healthcare as well as access to adequate resources and materials.
The goal of the International Socioeconomics Laboratory (ISL), is to examine the problems in different healthcare systems and construct policies that will provide feasible and attainable solutions. The solutions that are thought out and developed in ISL strive to aid countries that struggle to distribute the proper medical care. The research is produced, to inform young generations of the statistical production and alleviation of healthcare disparities to develop new and improved medical insurance systems. The research and data conducted in this institute will aid the Finxerunt Policy Action Institute to create policy and legislation, improving the imbalance of quality in medical services. We will encourage film productions as well as campaigns, to popularize the subject and foster a larger group of students to gauge different healthcare systems. We aim to inspire and motivate students to research and fuel new medical service structures through collaboration and innovation. These policies can go on to impact the basic services received of large populations and develop better standards of life, improving the health of many communities.