Should America make Healthcare less expansive more affordable to have It’s nothing new that our nation is always coming up with something in stirring up a plan to create ideas on how this will affect individuals. Well the chances that’s affecting this nation is our healthcare system where you have millions of Americans struggling in trying to keep up with payments of the prices, is it really that serious that the healthcare companies are asking them to pay way more than what they should be originally paying for. It’s no wonder why so many families are losing money left and right and having to suffer bankruptcy in order to have the care they need for their loved ones and so forth. But have Americans reached a breaking point where something has to be done in order for us to save money for a rainy day absolutely because it doesn’t make any sense whatsoever for healthcare prices to be so high and off the track for instant around 70% of our healthcare dollars is being put on for treating chronic Illnesses. Second our nation spends about $765 a year on carless healthcare which features unimportant medical tests and produces. Third is performing reckonable accident Errors that been impaired on patients whereas the Amount also was listed at $1.7 Million from 2008.Fourth the U.S.reckless spends about 100-200 billion a year in curing uninsured patients. Fifth the most common talked about Drugs of all is Tobacco which increases up to about 96 billion. Healthcare not only does give patients importance of everything but also we even have technology equipment along with so many life benefits enhancing is ridiculously high and is way over the line. Which is why so many of our medical learners are not being trained enough to understand on the... ... middle of paper ... ...s quite a smart idea for us to having something as a backup plan because who knows what could potentially happen if we don’t have it where can lead to a serious turmoil. But let’s be real clear on this every American needs Health Insurance Despite the circumstances of what it can have on everyone we should have it reguardless.If the Companies are willing to provide a less expensive one then what’s the reason to overcharge us for it.in all honestly The Healthcare companies want individuals to choose what they feel is best for them and what it can offer for support in giving them the right benefits to obtain for their life. Why should American settle for less when they can settle better to have the best.as individuals we need to understand that its healthcare Companies is not based on the name it’s all about what you’re able to afford and how much can it cover in orde
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 of America accounts for only 5% of the world’s population, yet as a nation, we devour over 50% of the world’s pharmaceutical medication and around 80% of the world’s prescription narcotics (American Addict). The increasing demand for prescription medication in America has evoked a national health crisis in which the government and big business benefit at the expense of the American public.
Regardless of technological advancement, life-saving skills and abilities and first-world resources, the outlandish cost of healthcare in the United States far surpasses any other country in the world. From price gouging, to double billing, to overbilling, to inefficient and expensive operations, the United States wastes $750 billion every year through our healthcare system. According to the Institute of Medicine (IOM), $200 billion of that astronomical number is due to nothing more than administrative waste. It is estimated that 15 cents of every dollar spent on healthcare is wasted due to inefficient administrative practices.
The amount of money that is spent on healthcare is a quite a bit of money but about 10% of all the money is a result of some sort of medical fraud or abuse. This is about 120 billion dollars. With HIPAA (Health Insurance Portability and Accountability Act) medical fraud and abuse can be tracked easier. HIPAA was enacted in august of 1996; this was to help improve the portability and continuity of the health insurance.
There is an ongoing debate on the topic of how to fix the health care system in America. Some believe that there should be a Single Payer system that ensures all health care costs are covered by the government, and the people that want a Public Option system believe that there should be no government interference with paying for individual’s health care costs. In 1993, President Bill Clinton introduced the Health Security Act. Its goal was to provide universal health care for America. There was a lot of controversy throughout the nation whether this Act was going in the right direction, and in 1994, the Act died. Since then there have been multiple other attempts to fix the health care situation, but those attempts have not succeeded. The Affordable Care Act was passed in the senate on December 24, 2009, and passed in the house on March 21, 2010. President Obama signed it into law on March 23 (Obamacare Facts). This indeed was a step forward to end the debate about health care, and began to establish the middle ground for people in America. In order for America to stay on track to rebuild the health care system, we need to keep going in the same direction and expand our horizons by keeping and adding on to the Affordable Care Act so every citizen is content.
In conclusion, there still needs to be a lot of work done to health care in the United States. Other nations provide universal health care to their citizens, but this would cause dilemmas in balancing two often conflicting policy goals: providing the public with equitable access to needed pharmaceuticals while controlling the costs. Universal health care probably would not work in the U.S. because our nation is so diverse and our economy is so complex. The system we have now obviously has its problems, and there is a lot of rom for improvement. HMO’s will still create problems for people and their medical bills, but they definitely should be monitored to see that their patients are receiving just treatment.
Health insurance, too many American citizens, is not an option. However, some citizens find it unnecessary. Working in the health care field, I witness the effects of uninsured patients on medical offices. Too often, I see a “self-pay” patient receive care from their doctor and then fail to pay for it. Altogether, their refusal to pay leaves the office at a loss of money and calls for patients to pay extra in covering for the cost of the care the uninsured patient received. One office visit does not seem like too big of an expense, but multiple patients failing to pay for the care they receive adds up. Imagine the hospital bills that patients fail to pay; health services in a hospital are double, sometimes triple, in price at a hospital. It is unfair that paying patients are responsible for covering these unpaid services. Luckily, the Affordable Care Act was passed on March 23, 2010, otherwise known as Obamacare. Obamacare is necessary in America because it calls for all citizens to be health insured, no worrying about pre-existing conditions, and free benefits for men and women’s health.
In order to make ones’ health care coverage more affordable, the nation needs to address the continually increasing medical care costs. Approximately more than one-sixth of the United States economy is devoted to health care spending, such as: soaring prices for medical services, costly prescription drugs, newly advanced medical technology, and even unhealthy lifestyles. Our system is spending approximately $2.7 trillion annually on health care. According to experts, it is estimated that approximately 20%-30% of that spending (approx. $800 billion a year) appears to go towards wasteful, redundant, or even inefficient care.
The U.S. expends far more on healthcare than any other country in the world, yet we get fewer benefits, less than ideal health outcomes, and a lot of dissatisfaction manifested by unequal access, the significant numbers of uninsured and underinsured Americans, uneven quality, and unconstrained wastes. The financing of healthcare is also complicated, as there is no single payer system and payment schemes vary across payors and providers.
Health Insurance is one of the nations top problems, the cost is rising for premiums, and many businesses just cannot afford it. As Americans many of us have the luxury of health insurance, but far too many of us have to go without it. This is something that always seems to brought up at congressional debates, but little is done about it. “In 2013 there were 41 million people reported with out health insurance coverage, this is too many considering those people probably were sick at some point through out the year, and they couldn’t afford treatment.” We need to find someway to make sure that every citizen of the United States is able to have affordable healthcare for themselves, and their families.
Americans these days need an affordable universal health insurance from the American government , Can the government give what the people need ? First of all many americans owe the government cause they can’t afford their medications , Second of all is Obama care really is worth it ? , Furthermore the US’s medical System is not working for most of the people who is on medication. US spends far and away more on healthcare than any other. Half of the americans are uninsured by the government. Over Half of the american population hasn’t gotten their Insurance and even if they do they still pay a lot of money for their medication.
Rising medical costs are a worldwide problem, but nowhere are they higher than in the U.S. Although Americans with good health insurance coverage may get the best medical treatment in the world, the health of the average American, as measured by life expectancy and infant mortality, is below the average of other major industrial countries. Inefficiency, fraud and the expense of malpractice suits are often blamed for high U.S. costs, but the major reason is overinvestment in technology and personnel.
With the United Nations listing health care as natural born right and the escalating cost of health care America has reached a debatable crisis. Even if you do have insurance it's a finical strain on most families.
...ajority of total spending (Henderson).” Physicians have been accused of creating a greater demand, which push up costs. Physicians are able to increase the demand by referring patient to other specialist. Rising incomes affect the demand in an increasing manor on the macro level. This is the characteristic of a luxury good. Is medical care a luxury? The elasticity of the demand function becomes more inelastic when your income rises creating a moral hazard. I believe that higher premiums should be charged to the wealthy to cover these increased expenses. “As medical care spending continues to escalate, the search for alternatives to slow its growth has focused on the supply side of the market. Modifying provider behavior is seen as the only way to control run-away spending. By ignoring the demand side of the market, we may be foregoing one of the most powerful forces available for cost-control, individual self-interest (Henderson p.149).” The most important aspect we need to get control of is the patient factors, which include health status, demographics and economic status. Educating the general public has proven to be an effective way of battling the rising costs of medical care!
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 ...