Today, the United States has what many consider to be the worst health care system in the world. The United States has the most expensive system as it accounts for nearly 17.9% of the Gross Domestic Product (GDP) (The World Factbook, 2013). This amounts to a cost of $8608 per person (Health Expenditure per Capita, 2013). The extreme cost of health care make it the leading cause of bankruptcy throughout the United States, and the reason why there are over 48.6 million people who are uninsured with no access to health care at all (Howard, Access and Underserved). This high cost has not translated…
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)…
Affordability of health care – Many Americans, with and without health insurance, faces crippling financial debt from their medical care.…
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.…
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.…
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.…
Many families across the United States are spending more and more time receiving unpleasant medical testing, chemotherapy treatments, and long waits to see the doctor. What is the most troubling is that many of these families cannot afford the healthcare costs they encounter. Healthcare has become crucial in defining our quality of life. Without proper healthcare many people are not able to maintain a high quality of life. Many families are making crucial choices in regards to paying the rent, buying food, or buying their medicine he/she needs.…
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).…
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 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.…
Private medical insurance is valuable to have, but can come with many disadvantages for the consumer. The article “the U.S. Healthcare system” focused on the faults of the United States healthcare system when compared to other countries with Universal healthcare. America has the most expensive healthcare system in the world. One reason for the rising cost of healthcare in America is that an estimated “19.3 to 24.1 % of the money is spent on administration cost. Obama wants to make sure that America is not being taken advantage of by insurance and prescription drug companies. Some insurance companies are overcharging doctors for their malpractice insurance, which is causing patients to have to pay more in order to be seen by a doctor.…
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…
The United States is the only wealthy, industrialized country that does not have a universal health care system. (U.S. Census Bureau, 2008) This administration estimates that the federal government will spend over $600 billion on health care in fiscal 2008. Of that, Medicare will claim roughly $390 billion, Medicaid and the State Children’s Health…