Health Care Reform and the Economy
In 2008, the amount of U.S. citizens without health insurance increased to 46.3 million as the recession swept the nation, leaving many people jobless and uninsured, as reported by the Washington Post. Nearly one-third of Americans face each day without the security of knowing that, if and when they need to seek medical attention, it will be available to them. The nation is currently debating four major plans that will help aide to the country’s economic crisis, as well as develop a more effective health care structure. President Barack Obama recently proposed a bill to reform the United States health care system that would benefit all Americans, though astonishingly, it has evoked a widespread opposition.
Many who oppose health care reform believe reform efforts do not distinctly address the critical scarcity of health care workers. If class sizes were expanded at existing medical schools, and new ones were created, more opportunities for careers in the health care field would arise, subsequently aiding in the physician deficit, as well as the economy’s deficit. This solution is often retorted by opposers with the fact that there has been a limit on the number of federally subsidized training positions for newly minted M.D.s since 1996. Many opposers fear the government’s initial plea to pay for health care restructuring through budget cuts of precisely $200 billion in hospital compensations over the next ten years. The apprehension is derived from the fear that by cutting reimbursements, some hospitals may ultimately close down, and cause thousands to lose their jobs.
Another anti-reform contention is health treatment costs have increased more steadily than inflation and wages in the last 40 years. At the moment, the government, employers, and individuals of the United States spend over 16 percent of its gross domestic product (GDP) on health care, which is nearly $7,241 per person. If the country... [continues]
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