Case Study: National Healthcare Spending In The United States
National Healthcare Spending In the United States
Jarrod Hinkle
HCS/440
November 24, 2014
John Branner
Introduction. U.S’s Healthcare spending has continued to increase over the last one decade with more than $2.5 trillions being spent each year (Young, 2013). On average, the U.S spends twice as more on healthcare per capita and 50% more as a share of GDP. This is the highest costs spent on healthcare among all industrialized nations globally. Despite the huge spending, healthcare analysts argue that the U.S citizens do not experience the benefits of longer life. In addition, U.S still experiences high infant mortality, lack of universal access and does not offer quality care similar to most industrialized nations. In 2013, the …show more content…
The costs of U.S public healthcare programs have increased in the last few years because of increased chronic conditions that are treated at very expensive fees. Consequently, healthcare costs for Medicare beneficiaries have surged with an individual spending more than $24,000 (Stanton, 2006).
The U.S healthcare budgetary levels are also allocated according to geographical variation. This constitutes of more than 306 referral hospitals that are sometimes referred to as regional health care markets. In regions categorized as “high spending areas”, patients receive 60% more in healthcare costs (Stanton, 2006).
Whether the spending is too much or not …show more content…
The Obama care (Affordable Healthcare Act) will ultimately increase the healthcare cost in U.S because its prospects to bring more than 25 million uncovered American citizens into the insurance brackets. Latesttrend shows gradual economic recovery since 2009, therefore, it is high time that the U.S government redirects its “wasteful spending” healthcare costs to the most important areas of its healthcare system (Medical Mutual, n.d.). Areas where the government should consider redirecting healthcare funds include programs that support health insurance covers for all American citizens. If health insurance covers can be available to all U.S’s citizens, then all peoples, especially the poor will get an opportunity to access affordable healthcare services. In addition, funds should also be re-directed to enhancing and creating more public healthcare facilities to enable the poor access healthcare services (Medical Mutual,
Jarrod Hinkle
HCS/440
November 24, 2014
John Branner
Introduction. U.S’s Healthcare spending has continued to increase over the last one decade with more than $2.5 trillions being spent each year (Young, 2013). On average, the U.S spends twice as more on healthcare per capita and 50% more as a share of GDP. This is the highest costs spent on healthcare among all industrialized nations globally. Despite the huge spending, healthcare analysts argue that the U.S citizens do not experience the benefits of longer life. In addition, U.S still experiences high infant mortality, lack of universal access and does not offer quality care similar to most industrialized nations. In 2013, the …show more content…
The costs of U.S public healthcare programs have increased in the last few years because of increased chronic conditions that are treated at very expensive fees. Consequently, healthcare costs for Medicare beneficiaries have surged with an individual spending more than $24,000 (Stanton, 2006).
The U.S healthcare budgetary levels are also allocated according to geographical variation. This constitutes of more than 306 referral hospitals that are sometimes referred to as regional health care markets. In regions categorized as “high spending areas”, patients receive 60% more in healthcare costs (Stanton, 2006).
Whether the spending is too much or not …show more content…
The Obama care (Affordable Healthcare Act) will ultimately increase the healthcare cost in U.S because its prospects to bring more than 25 million uncovered American citizens into the insurance brackets. Latesttrend shows gradual economic recovery since 2009, therefore, it is high time that the U.S government redirects its “wasteful spending” healthcare costs to the most important areas of its healthcare system (Medical Mutual, n.d.). Areas where the government should consider redirecting healthcare funds include programs that support health insurance covers for all American citizens. If health insurance covers can be available to all U.S’s citizens, then all peoples, especially the poor will get an opportunity to access affordable healthcare services. In addition, funds should also be re-directed to enhancing and creating more public healthcare facilities to enable the poor access healthcare services (Medical Mutual,