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Health care cost in the united states essay
Health care cost in the united states essay
Healthcare system comparison
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Would you say that America has the best health care? Well I wouldn’t, and here’s my reasons why. I would say that the U.S. spends too much money, and is being ranked poorly for some of the decisions that they make in the healthcare system. Other nations have noticed that the U.S. is spending more money than most nations. The text states, “...We spend $2.3 trillion annually on the healthcare, about 18 percent of our Gross Domestic Product and more than twice what most advanced nations spend”. This shows that America is spending way too much in their healthcare systems, although they have all this money to buy stuff they are still ranked poorly. We all would like to say America has the best healthcare system in the world,
While most countries around the world have some form of universal national health care system, the United States, one of the wealthiest countries in the world, does not. There are much more benefits to the U.S. adopting a dorm of national health care system than to keep its current system, which has proved to be unnecessarily expensive, complicated, and overall inefficient.
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.
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.
An issue that is widely discussed and debated concerning the United States’ economy is our health care system. The health care system in the United States is not public, meaning that the states does not offer free or affordable health care service. In Canada, France and Great Britain, for example, the government funds health care through taxes. The United States, on the other hand, opted for another direction and passed the burden of health care spending on individual consumers as well as employers and insurers. In July 2006, the issue was transparency: should the American people know the price of the health care service they use and the results doctors and hospitals achieve? The Wall Street Journal article revealed that “U.S. hospitals, most of them nonprofit, charged un-insured patients prices that vastly exceeded those they charged their insured patients. Driving their un-insured patients into bankruptcy." (p. B1) The most expensive health care system in the world is that of America. I will talk about the health insurance in U.S., the health care in other countries, Jeremy Bentham and John Stuart Mill, and my solution to this problem.
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...
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.
The US health system has both considerable strengths and notable weaknesses. With a large and well-trained health workforce, access to a wide range of high-quality medical specialists as well as secondary and tertiary institutions, patient outcomes are among the best in the world. But the US also suffers from incomplete coverage of its population, and health expenditure levels per person far exceed all other countries. Poor measures on many objective and subjective indicators of quality and outcomes plague the US health care system. In addition, an unequal distribution of resources across the country and among different population groups results in poor access to care for many citizens. Efforts to provide comprehensive, national health insurance in the United States go back to the Great Depression, and nearly every president since Harry S. Truman has proposed some form of national health insurance.
In Conclusion, the health care systems in both countries have their strong points as well as their weaknesses but I would still much rather have our own health care system. I hope these facts about the different systems will help you better understand them.
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.
The issue is the system has evolved to one where the balance between cost and access is at an all-time low. This means the Americans who are uninsured cannot access this excellence and the Americans who are underinsured cannot afford to access it. America ranks last out of 19...
Everyone country has success or strengths within its health care system. These strengths have helped revolutionize the country’s health care system into what it is today.
Everyone is always competing for the best health care. Different health care systems are different through out the world, but all with similar ideas of at least delivering some form of health care. Some countries in particular will be highly emphasized: Switzerland, United Kingdom, and Japan in how they work with cost, access, and quality with in the health care systems in their own countries.
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 ...
The United States prides itself on the being the most powerful nation in the world. However, what are they putting that power towards? The answer is not Health Care. According to Vicente Navarro, “the most important component of the welfare state is the guarantee of access to health care in time of need. The United States is the only developed country who does guarantee such a right to its citizens” (Eitzen and Zinn, 2003, pp. 498). However, in 2010 under the Obama administration the Universal Health Care Act was created. Although there are still millions of citizens uninsured or under insured. This is due to unequal access to health care as well as numerous problems that occur under insurance companies. In addition to these apparent problems the United States faces the questionable future of Obamacare and Planned