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Rising cost of healthcare essays
The real reason why healthcare costs are on the rise
Technical advancement in medical field
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Many people are scared to visit hospitals or clinics these days. Why is this? It could be from the inherent fear of being sick, however, it mainly comes from the fear of receiving the bill after the visit. The issue that is taking a toll on the nation is the rising cost of medical services. The main reasons for the increase in healthcare cost are increased hospital costs, unhealthy lifestyles, the focus on curative measures, and medical advances. However, all of the causes can be solved with one solution, focusing on preventative medicine. One reason spending has risen is the fact that hospitals are raising their cost. It is very expensive to visit hospitals, an expense that throws many families in debt. The New York Times says that “The …show more content…
It’s no surprise that scientists are constantly working on new medical technology, inventing ways for less invasive surgery, and finding new medications. All of these new discoveries cost money. This demand also comes from the population too. People are now demanding the latest and newest medical technology, because people relate new with better. Parija Kavilanz from CNN shows she agrees with this assessment when she says, “These high-cost procedures improve the quality of care but they also push up costs for consumers.” Unfortunately, medicine is expensive and new medicine is even more expensive. The only way to decrease the demand for new medicine is to decrease the amounts that are sick. This goes back to the need for preventative medicine. By having more preventative medicine programs, more people will live better healthier lifestyle and decrease the demand for these medical advances. Medical Doctor, Thomas Bodenheimer, brings up another great point about the new technology when he says, “Because the spread of new technologies is relatively unrestrained in the United States, many of these technologies are used to a greater extent than in other nations, and the United States thereby incurs higher health care costs.” The United States does not restrict or budget themselves when it comes to these new advances. When a medical breakthrough reveals itself, it is spread across the nation at record rates in order to reach the maximum about of people possible. In other nations, that spend considerably less on medical costs, technology and spending is highly regulated. So, regulating our spending and technology could very well be another solution to these high
For decades, one of the many externalities that the government is trying to solve is the rising costs of healthcare. "Rising healthcare costs have hurt American competitiveness, forced too many families into bankruptcy to get their families the care they need, and driven up our nation's long-term deficit" ("Deficit-Reducing Healthcare Reform," 2014). The United States national government plays a major role in organizing, overseeing, financing, and more so than ever delivering health care (Jaffe, 2009). Though the government does not provide healthcare directly, it serves as a financing agent for publicly funded healthcare programs through the taxation of citizens. The total share of the national publicly funded health spending by various governments amounts to 4 percent of the nation's gross domestic product, GDP (Jaffe, 2009). By 2019, government spending on Medicare and Medicaid is expected to rise to 6 percent and 12 percent by 2050 (Jaffe, 2009). The percentages, documented from the Health Policy Brief (2009) by Jaffe, are from Medicare and Medicaid alone. The rapid rates are not due to increase of enrollment but growth in per capita costs for providing healthcare, especially via Medicare.
On a global scale, the United States is a relatively wealthy country of advanced industrialization. Unfortunately, the healthcare system is among the costliest, spending close to 18% of gross domestic product (GDP) towards funding healthcare (2011). No universal healthcare coverage is currently available. United States healthcare is currently funded through private, federal, state, and local sources. Coverage is provided privately and through the government and military. Nearly 85% of the U.S. population is covered to some extent, leaving a population of close to 48 million without any type of health insurance. Cost is the primary reason for lack of insurance and individuals foregoing medical care and use of prescription medications.
The United States (U.S.) has a health care system that is much different than any other health care system in the world (Nies & McEwen, 2015). It is frequently recognized as one with most recent technological inventions, but at the same time is often criticized for being overly expensive (Nies & McEwen, 2015). In 2010, President Obama signed the Patient Protection and Affordable Care Act (ACA) (U. S. Department of Health & Human Services, n.d.) This plan was implemented in an attempt to make preventative care more affordable and accessible for all uninsured Americans (U.S. Department of Health & Human Services, n.d.). Under the law, the new Patient’s Bill of Rights gives consumers the power to be in charge of their health care choices. (U.S. Department of Health & Human Services, n.d.).
In the business of drug production over the years, there have been astronomical gains in the technology of pharmaceutical drugs. More and more drugs are being made for diseases and viruses each day, and there are many more drugs still undergoing research and testing. These "miracle" drugs are expensive, however, and many Americans cannot afford these prices.
America is facing a healthcare crisis! In town hall meetings across America, brawls have broken out during speeches given in an attempt to promote government run healthcare. When looking at the big picture, healthcare is only a small portion of the current problems, but a very big one, in the eyes of Americans, considering how it affects every citizen. The healthcare system in the United States is experiencing hard times, but does that mean, we, as Americans, should just step aside and let government take over? Absolutely not! Government will claim that the numbers of uninsured Americans are high because of the prices insurance companies charge, but are these numbers correct and who makes up these numbers? What will a government run healthcare service provide as far as doctors and treatments are concerned? Where do we think the money to run government healthcare will come from? Americans can help turn the economy around by eliminating this healthcare crisis from the list of many. Americans should stop government from passing such a bill for government run healthcare, and let government know exactly what we need and how we need it done.
Despite the established health care facilities in the United States, most citizens do not have access to proper medical care. We must appreciate from the very onset that a healthy and strong nation must have a proper health care system. Such a health system should be available and affordable to all. The cost of health services is high. In fact, the ...
2. The twin problems of the health care industry as viewed by society are cost and access. First of all, the cost of getting health care is very high and it is getting higher each day. This has been mostly caused by the combination of high cost and an increase in quantity of services provided to the communities. The other problem involves access to health care. American enjoy limited or no access to health care. Many efforts have been done to reform this, but still but still many people are left without access to the care. These two problems are related due to the fact that if the health care industry gets to high off course people no longer will be able to have any access to it. The higher prices are, the lower access people have to it.
In recent discussions of healthcare, a controversial issue has been what is the source of the healthcare crisis. On the one hand, some argue that only capitalism plays a part in the crisis. From this perspective, one can only blame the hospitals for the United States low life expectancy rate. On the other hand, however one can argue that cultural norms and the fact that health care providers are loosing sight of their clients. This essay will address whether the health care crisis is because of capitalism, cultural norms or the disassociation between doctors and clients.
The U.S. population is getting older: the Census Bureau reported the population of people less than 45 years old dropped from 65.6% in 2000 to 60.5% in 2010. While the percent of people 65 years and over increased by 15% between 2000 and 2010 (US Census, 2011, p.2). Age is associated with increased health care demand. Over 56% of people 65+ and 65% of people 75+ make four or more visits to health care professionals. While only 31% of people 18-44 years old make four or more visits (US Census, 2012, table 166). In 2000, people over 65 years old visited the hospitals three times more than the general population, and people over 75 years old visited the hospitals four times more than the general population (Center for Disease Control and Prevention, 2003, p.8). Therefore, due to the fact that ageing population brings about an increasing demand for health care, With the population getting older and thus increasing demand for health care, the US needs to increase the supply of health care professionals.
Healthcare professionals want only to provide the best care and comfort for their patients. In today’s world, advances in healthcare and medicine have made their task of doing so much easier, allowing previously lethal diseases to be diagnosed and treated with proficiency and speed. A majority of people in the United States have health insurance and enjoy the luxury of convenient, easy to access health care services, with annual checkups, preventative care, and their own personal doctor ready to diagnose and provide treatment for even the most trivial of symptoms. Many of these people could not imagine living a day without the assurance that, when needed, medical care would not be available to themselves and their loved ones. However, millions of American citizens currently live under these unimaginable conditions, going day to day without the security of frequent checkups, prescription medicine, or preventative medicines that could prevent future complications in their health. Now with the rising unemployment rates due to the current global recession, even more Americans are becoming uninsured, and the flaws in the United States’ current healthcare system are being exposed. In order to amend these flaws, some are looking to make small changes to fix the current healthcare system, while others look to make sweeping changes and remodel the system completely, favoring a more socialized, universal type of healthcare system. Although it is certain that change is needed, universal healthcare is not the miracle cure that will solve the systems current ailments. Universal healthcare should not be allowed to take form in America as it is a menace to the capitalist principle of a free market, threatens to put a stranglehold on for-...
“Free medical services would encourage patients to practice preventive medicine and inquire about problems early when treatment will be light; currently, patients often avoid.” (Messerli)
Volume does not always mean value. Even though Americans spend in excess of $3 trillion on health care yearly, they still have a higher, infant-mortality and diabetes rates, and shorter life expectancies than their global neighbors do presently.
Squires, D.A (2012, May). Explaining high health care spending in the United States: An international
Roughly 2.8 trillion dollars is spent currently on health care in the United States (Kliff, 2014). In 2013, the United States spent almost 50 percent more than the next highest health care spender, France (The Commonwealth Fund, 2016). Many experts agree health care costs consumes a significant portion of economic output as well as increased premium costs. Several factors are contributing to cost escalation such as defensive medicine, increase in the elderly population, and growth of technology (Shi & Singh, 2016). The United States is considered to have mostly a private health care system, however it spends more money on the public health care system than countries with a completely public health care system. Government funded programs, such as Medicare, play a considerable roll in health care expenditures. It is projected that Medicare expenditures will rise to 9 percent of the GDP by the year 2050 (Shi & Singh, 2016). Further concern arises with drug costs in the United
As of 2013 data, the US per capita government expenditure was $4307 while total per capita expenditure on health spending was $9146, which is 17.1 percent of the GDP (2013) for the total expenditure on health. The annual rate of growth in per capita government spending on healthcare has been roughly 5.1 percent over the past thirty years (WHO, 2015). This rate of spending on health care growing faster than the economy for many years creates challenges ...