The issue of the uninsured Americans and what can be done to rectify the situation has been on the forefront. However true this might be, it is also significant there are also other economic issues that are equally pulling the nation to its bare feet and which deserve to be addressed within the shortest time that can be afforded. The rising cost of the health care in the entire nation has elicited feelings of…
Globally speaking, the US is regarded as a major player in the affairs of the world. As a major world power of the modern age, we lead the world into the future, and with a leading economy, and a reputation as a wealthy and advanced civilization, the facts about our expenses in the realm of healthcare are very surprising.…
To conclude, in the last decade health care cost has risen so drastically in the United States to the point it has become a burden to families who simply trying to live and make a productive living. And the arrival of Obamacare infuriated coverage providers and health care providers to the point that lead the quality of care to dissipate. I tyrant was created in the healthcare system that wields a mighty weapon of capitalistic influence over our elected leaders. The name of this giant is called third party payors, and the weapon is campaign contributions. The cost is steadily rising with no end in…
Dr. Don Berwick, Head of Medicare/Medicaid 2010-2011 whom talks about how unsustainable the healthcare system is. We’re spending almost twice as much in America as any other country on earth. Yearly, we have been spending $2.7 trillion in healthcare. The average per capita cost of healthcare in the developed world is about $3,000, but in the United States, it was around $8,000 annually, more than double. Due to these astronomical amounts, healthcare has not become affordable anymore. Insurance companies are raising their rates they are charging for premiums, covering less on patient care, which in turns takes even more money out of our pockets because we now not only have to pay the premiums, but are now left with the portion of the care given that we must pay for out of our pockets.…
Health care costs have become a major issue in the United States, both socially and politically. According to the U.S. Census Bureau, 50.7 million people, or nearly one in six U.S. residents, were uninsured in 2009 (Kaiser Health News, 2010).This is because the high cost of health care has driven the cost of insurance out of the reach of many Americans. Contributing factors to the continuing increase in the cost of health care are the generally unhealthy…
The article focuses on several possible proposals for health care reform by the administration of U.S. President Barack Obama which are perceived to produce unfavorable results. Such proposals include requiring employers to provide employees with health insurance, requiring each citizen to purchase an insurance policy that complies with government criteria and establishing a health insurance plan that would compete with private insurance. The author argues that such proposals would negatively affect taxpayers, health care providers and quality of care.…
Affordability of health care – Many Americans, with and without health insurance, faces crippling financial debt from their medical care.…
What is the current level of the health care expenditures? Over the years, while the nation’s spending on all goods and service has increase of 7.4%, the amount spent on healthcare has risen at a rate of 9.8%. As a result, Americans just cannot afford health care and still maintain other diversions of one’s lifestyle. Meanwhile, other efforts to continue overall costs have the effect of making care in acceptable on a regular basis for all of us – even for those who can afford it. Also, if federal government spending remains at a steady pace of GDP, the increasing cost of Medicare’s budget will smother out all other spending. The third case scenario is that the exhausting cost of healthcare for employees, students, retirees, and their families is pushing some of America’s most economically fortune 500 companies to become uncompetitive in today’s fair market and trade.…
Furthermore, the Affordable Care Act is one of the biggest changes to our Health care system since the introduction of Medicaid and Medicare. However, there still will be 29 million Americans who will still lack healthcare insurance even after the Affordable Care Act is fully instituted (Andrews,Darnell,Mcbride& Gerlert,2013) fundamental goals of the ACA are to decrease the cost of healthcare, increase quality of healthcare, services, and make healthcare assessable to all Americans, particularly the uninsured. One of the largest changes to healthcare through ACA is that everyone must have insurance this is the largest positive factor of the ACA (Hayes, 2011)…
Healthcare is one of the top economic and social problems facing not only United States but also many other countries in the world. While there are many issues that modern health care needs to deal with the most common problem are health insurance costs. The rising costs of health insurance together with the rising costs of medical care are impacting many families. Inability to pay bills for medical treatment affects now not only uninsured but also people who pay for medical coverage.…
America’s healthcare industry shows us one of the most revealing contradictions in the country’s economy. Even though America claims itself to be the world’s most advanced superpower, it is still unable to provide its entire population with healthcare. “Obamacare” is affordable for everyone based in their incomes, but there are still too many people without health insurance. The problem is that Democrats and Republicans do not compromise with each other to build on a good health care program, so that additional steps can be taken to moderate it. They do not want to accept the others’ ideas. When Obama came out with the Affordable Care Act program Republicans were not trying to work with him. For example, in the “Should the Affordable Care Act be…
The health care system in the United States has several major problems. Among all of them, insurance policy is the core issue. The Unites States is the only developed country, except for South Korea, that does not provide healthcare for all of its citizens (Farrell). According to the research, there are still 50.7 million people uninsured, which is 16% of the United States population (about one in six people), or the combined population of 25 average-sized states, such as Oklahoma, Connecticut, Iowa, Mississippi, and Kansas (Parker-Pope). The main cause is that the price for health insurance is too high. Many people are not able to pay insurance premiums and over these years the situation has been getting worse and worse. During the past eight years, insurance premiums have nearly doubled, resulting in health insurance moving farther out of reach for millions (Farrell; Klein).…
Health care spending in the United States is a key contributor to the country's economy. The health care industry provides employment as well as providing services that bring healthier lifestyles, better productivity, and a longer life. Health care also brings the development of new drugs and new medical technology that also helps keep the economy employed. However, although the health care and health care spending does tend to help the economy slightly it is beginning to hinder our economy. "In all industrialized countries, with the exception of the United States, health care affordability is ensured through universal insurance based or tax- finances systems" (Squires, 2012, p. 1). Even though the United States spends more in health care than other countries it does not mean the United States has better quality of care than the other countries. Health care spending is depleting this country and the quality of care is not improving. The United States needs to change the way it spends money on health care before it is too late.…
Taking on this fist challenge we will take in consideration that the uninsured are not all alike; they include people, who have low income, people who are not poor but have costly health conditions, those employed but don’t get offered an group health insurance.…
Health care here in America is a hot topic among the conversations around the water cooler. Between the slow economic recession we are all facing and the high cost of medical coverage, and more and more American’s are having to go without. Among working-age adults (those ages 18-64), 19.8% did not have health insurance in 2006, an increase in the percent uninsured from 18.9% the year before. (CDC, 2007) Is there a health care crisis in America? Should we now look at the government for help when it comes to our health care? In this paper I look at the argument for and against united health care system, and how it may benefit or annihilate the remainder of the economy in America. I will also describe how freedom, moral responsibility and ethics play into the role of health care for America.…