¶ … Health Care Costs in the United States on the Access to Care
Total U.S. Spending on Health Care vs. Overall Health in America
The United States spends an extraordinary amount of money on health care. In 2009, health spending was $2.47 trillion dollars and accounted for 17.3% of the U.S. economy in 2009 (Pickert, 2010). This was a significant increase over the 2008 figure of $2.34 trillion and "was the largest one-year jump since 1960" (Pickert, 2010). This has led to predictions that by 2019, U.S. health spending will be $4.5 trillion (Pickert, 2010). Much of this spending is government spending. Approximately one-fifth of the federal budget in 2009 went to health-care spending. That year, the "federal government spent about $500 billion on Medicare; the federal government and states spent some $380 billion on Medicaid" (Pickert). However, while U.S. health care spending has risen, the quality of health care in the United States has been in steady decline and has been surpassed by many western nations. "Compared with six other nations -- Australia, Canada, Germany, the Netherlands, New Zealand, and the United Kingdom -- the U.S. health care system ranks last or next-to-last on five dimensions of a high performance health system: quality, access, efficiency, equity, and healthy lives" (Davis et al., 2010).
Health Care Costs and Health Care Quality The Robert Wood Johnson Foundation, dedicated to improving the health and health care of Americans, focuses on research, publication and funding. Two of its articles, "What is the National Quality Strategy?" And "What's the price of health care?" focus on several important issues of national health care. By simplifying the explanation of our National Quality Strategy and examining several states' attempts at health care
As the increased costs that they are paying, will more than likely mean that they cannot afford to receive routine physicals and checkups. When you begin to reduce the number of visits, the odds increase that various conditions and ailments may be discovered once it is too late. This is when the condition has become so bad, that it will require an individual have to visit a specialist. Once
At present, we spend nearly 15% of GDP, or $7,000 per man, woman and child in the United States on healthcare. The next highest nations, Germany and France, spend only about 10% of their GDP on healthcare. The additional 50% we spend does not reward us in longer lives or a better quality of life. Those in the healthcare community would argue that Americans receive the best healthcare in the
Health Care Cost for Average Families Is Increasing Health care costs are increasing at their lowest rate in 20 years, according to recent studies (AON, 2015), but at 4.1%, these costs are still increasing faster than the rate of inflation (Patton, 2015). For the average American family, the reality that health care cost increases have been sustained over two decades, at rates faster than either wage increases or the inflation rate,
healthcare costs which are causing hospital a great deal of financial pain while also hurting patients in terms of higher bills. We need to understand that if an industry knows that its maintenance costs a lot, it will obviously pass on some of those expenses to its customers. The same is being done in healthcare industry and this is primarily because the cost of running and maintaining operations in
Healthcare Costs A number of factors have affected the costs of healthcare in the United States over the past 3 decades, and there has been a corresponding impact on the nursing field as a result. To determine the facts about these issues, this paper reviews the literature to identify those factors that have had an effect on increasing healthcare costs over the past 30 years following by an analysis concerning
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