Australia's Cost Of Health Care

761 Words2 Pages

Healthcare remains a cornerstone of modern society, yet persistent challenges in access, affordability, and quality threaten its effectiveness on a global scale. Urgent action is needed to address these issues and forge a future where health is accessible to all, irrespective of geography or socioeconomic status. One of the most significant barriers to equitable healthcare is the escalating costs of medical services worldwide. According to the World Health Organization (WHO), "More than 800 million people – almost 12 percent of the world's population – spend at least 10 percent of their household budgets to pay for health services for themselves, a sick child or other family member." The burden of healthcare costs falls disproportionately on …show more content…

As former U.S. Secretary of Health and Human Services Sylvia Mathews Burwell once stated, "Healthcare costs are a major driver of our long-term fiscal challenges. Controlling these costs is essential for the health of our economy and the well-being of American families." In contrast, Australia has managed to maintain more affordable costs, with expenditures totaling $241.3 billion, or $9,640 per person. According to the Australian Institute of Health and Welfare, "Australia's healthcare expenditure grew by an average of 4.7% per year between 2009–10 and 2019–20, slightly lower than the 5.1% average growth over the preceding decade." This demonstrates a more sustainable approach to healthcare spending compared to the United States. Understanding the complex nature of healthcare is essential for developing effective solutions to its challenges. Beyond medical proficiency, factors such as social justice, power dynamics, and national policies profoundly influence the delivery and accessibility of healthcare services. However, healthcare often falls short of delivering justice, primarily focusing on resource allocation rather than equitable …show more content…

Leveraging the potential of foreign licensed doctors could alleviate this shortage through streamlined licensing processes and international cooperation. Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, has emphasized, "We need to build a fairer, healthier world for everyone, everywhere." The COVID-19 pandemic has highlighted the urgent need to invest in healthcare workers and ensure their equitable distribution worldwide." To achieve meaningful progress in healthcare, it is crucial to prioritize value-based care, where treatments are not only effective, but also efficient and equitable. Patient satisfaction hinges on the efficiency and effectiveness of care delivery, yet medical errors remain a significant challenge. According to a study published in the British Medical Journal, "Medical errors are estimated to be the third leading cause of death in the United States, contributing to more than 250,000 deaths annually." This underscores the importance of addressing systemic issues within healthcare delivery systems. A concerted effort is needed to remove obstacles and foster equity in healthcare systems

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