Economic Terms and Health Care History
The health care system has changed constantly in the United States to meet any supply and demand. The many changes and constraints in the economy the health care system has to change as well. This report will explain the history of the health care system economics. The health care system was built on helping those who cannot help themselves. This paper will also explain the terms that associated the health care system.
Economic Terms and Health Care History
HCS440
April 5th 2013
Economic Terms and Health Care History The health care system has changed constantly in the United States to meet any supply and demand. The many changes and constraints in the economy the health care system has to change as well. This report will explain the history of the health care system economics. The health care system was built on helping those who cannot help themselves. This paper will also explain the terms that associated the health care system. History and Funding In the year of 1901, the American Medical Association (AMA) became powerful in the health care system. The AMA is nationally accepted in the in the country and local organizations. This association increased from 8,000 doctors to 70,000 health care providers from 1900 to 1910 (pbs.org, unknown date). This was the beginning for doctors to be members in an organized medicine health care system. The Depression changed all priorities in the 1930’s with the attention of unemployment coverage and the older generation benefits. Social Security was passed leaving out health care insurance. The encouragement for health insurance during the Roosevelt authority began the government conflict of what were the priorities for the United States. Opposed to any advice of the health care provider, the Blue Cross started to offer private health care coverage’s for many hospitals within the United States. Elasticity Approximate incomes are very broad and
Economic Terms and Health Care History
HCS440
April 5th 2013
Economic Terms and Health Care History The health care system has changed constantly in the United States to meet any supply and demand. The many changes and constraints in the economy the health care system has to change as well. This report will explain the history of the health care system economics. The health care system was built on helping those who cannot help themselves. This paper will also explain the terms that associated the health care system. History and Funding In the year of 1901, the American Medical Association (AMA) became powerful in the health care system. The AMA is nationally accepted in the in the country and local organizations. This association increased from 8,000 doctors to 70,000 health care providers from 1900 to 1910 (pbs.org, unknown date). This was the beginning for doctors to be members in an organized medicine health care system. The Depression changed all priorities in the 1930’s with the attention of unemployment coverage and the older generation benefits. Social Security was passed leaving out health care insurance. The encouragement for health insurance during the Roosevelt authority began the government conflict of what were the priorities for the United States. Opposed to any advice of the health care provider, the Blue Cross started to offer private health care coverage’s for many hospitals within the United States. Elasticity Approximate incomes are very broad and
References: Adam, G. (July 10th 2009). Economic Theory - Supply and Demand. Economic Theory - Supply and Demand, unknown. Retrieved from http://www.science20.com/gerhard_adam/blog/economic_theory_-_supply_and_demand unknown, U. (unknown). The History of Health Care. Retrieved from http://www.pbs.org/healthcarecrisis/history/htm