Preview

cost of health care

Powerful Essays
Open Document
Open Document
2693 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
cost of health care
Health Care and its Rising Costs
Dusti Lott
Ashford University

HCA305 – The U.S. Health Care System
Professor Thomas
November 11, 2012
Introduction
The dramatic rise in health care costs over the last century and into the current one has many contributing factors. Although each of these factors is not exclusive, they all have their own distinct personality. Each factor does cross over in to all others to have an affect on each other. We can follow the time line to understand the events that shaped the current costs in healthcare starting with its commercialization and ending with the current reform of the P.P.A.C.A. Comparing the United States health care system to other countries may help with finding solutions and lowering the cost of health care. Technology, or more the advanced technology we posses in the U.S. has had a major impact on the cost of healthcare and the economic influences of our country. The United States health care system has many stakeholders that affect, not only the cost of care, but influence the policies that can shift those costs as well. Health care costs in the United States has, without denial, risen out of control, we need to find recommendations from experts to solve this problem while it still can be and it must be done without losing access of quality care.
Statement of problem
The problem is clear the cost of heath care has skyrocketed out of control. Little has been done to fix the problem and what has been done has not always had the expected effect. Health care is a huge industry in the U.S. and has major effects on the state of our economy. The cost of health care has impacted the health of the U.S. population with most of the negative effects taking shape for the elderly or less advantaged. Rural areas are lacking in access as well as quality, even when the costs are tolerable.
History of problem
Commercialization
For-profit hospitals, this is the direction the U.S. health care system



References: Andre, C & Velasquez, M (2010) Markkula Center for Applied Ethics. A Healthy Bottom Line:Profits or People? Retrieved from: http://www.scu.edu/ethics/publications/iie/v1n4/healthy.html Congressional report to congress. (2004) Information technology in health care Retrieved from:http://www.medpac.gov/publications%5Ccongressional_reports%5CJune04_ch7.pdf Bergner, A., & Thompson, M. (2013). The New Economics of Health Care Benefits. Financial Executive, 29(2), 29-32. HHS.gov U.S. department of health &human services (2010) historical highlights Retrieved from: http://www.hhs.gov/about/hhshist.html PORTER, M. E., & LEE, T. H. (2013). THE STRATEGY THAT WILL FIX HEALTH CARE. Harvard Business Review, 91(10), 50-70. Sultz, H. A. & Young, K. M.  (2012).  Health care USA: Understanding its organization and delivery (7th ed.).  San Diego, CA: Bridgepoint Education, Inc. Retrieved from https://content.ashford.edu/books/AUHCA305.12.1/ The Wall Street Journal (2013) Health Care in America Retrieved from: http://online.wsj.com/public/resources/documents/HEALTHTIMELINE0907. html Wechsler, J. (2012). Health policy challenges for Obama administration. Pharmaceutical Technology, 36(12), 22-25. Retrieved from http://search.proquest.com/docview/1268827844?accountid=32521

You May Also Find These Documents Helpful

  • Powerful Essays

    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…

    • 5252 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Health Insurance Matrix

    • 2127 Words
    • 8 Pages

    References: Austin, A. & Wetle. V. (2012) The United States Health Care System, Combining Business, Health, and Delivery. (2nd ed.) Upper Saddle River,…

    • 2127 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Case Study 1

    • 2103 Words
    • 9 Pages

    Cited: Barton, P. L. (2009). Understanding the U.S. Health Services System, 4th Edition(4th ed.). Chicago: Health Administration Press.…

    • 2103 Words
    • 9 Pages
    Better Essays
  • Better Essays

    health care system is dysfunctional and can no longer continue as it currently operates. With or without Affordable Care Act (ACA), there is a need for a deep change. The United States spends more money on health care because a nation is less healthy on the average than the rest of the developed world. The system is dysfunctional and ACA is fast-tracking the process of changes that will be faced by the economic and business challenges by health care organizations. The required adjustments to healthcare organizations operating budgets and methodologies for delivering medicine may become a big issue. Health care organizations will have to go from volume-based reimbursement in medicine based on the number of procedures done or patients seen to a value-based system that will give the same money for every patient regardless of the procedure performed. Health care organizations may have lower income since they will treat more patients. They may face cost-pressure factors such as the overall cost of medical care and the increased incidence of chronic disease, cost transparency and reference pricing, increased government role in paying for care, increased coverage and limited highly skilled medical workforce There is a prediction that forty million more people will be covered nationally, at reimbursement rates below the cost of providing that care (Adams et al.,…

    • 1835 Words
    • 8 Pages
    Better Essays
  • Good Essays

    According to the Agency for Healthcare Research and Quality, "health care expenses in the United States rose from $1,106 per person in 1980 ($255 billion overall) to $6,280 per person in 2004 ($1.9 trillion overall). During this period, health care costs grew faster than the economy as a whole" (2006). With the aging population and the fast growing pace of new medical ideas, this trend is probably going to continue. The facilities under attack to develop strategies to reduce or contain costs consider whether the efforts should be targeted mostly across the entire health care system or more narrowly at specific areas or aspects of care, such as in hot spot…

    • 770 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    In spite of its impressive accomplishments, the U.S. health care system is fraught with problems and dilemmas. There is a growing concern that health care is a big, complex, unmanageable business. In this week…

    • 682 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    National health care spending is a major finance concern throughout the United States and many other countries. The government has set aside funds in the budget to help cover some of the health care expenses currently occurring. Because health care expenditures have increased from $256 billion from 1980 to $2.6 trillion in 2010 it has caused a burden to the world. This paper will provide the reader information of the level of current national health care expenditures, whether the spending is too much or not enough, whether or not the nation should cut or add, and how the public’s health care needs are financed. This paper will also focus on the future economic…

    • 1780 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    5. Capretta, James C. “Healthcare in the United States: Strengths, Weaknesses & the Way Forward.” Trinity International University. 18 September 2009. Web. 29 September 2013.…

    • 1462 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Health Care Museum

    • 1262 Words
    • 5 Pages

    References: Austin, A., & Wetle, V. (2012). The United States health care system: Combining business, health, and delivery. (2nd ed.). Upper Saddle River, NJ: Pearson Education.…

    • 1262 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    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.…

    • 932 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Liebowitz, S. (1994). Why health care costs too much. Cato Institute. Retrieved on November 1, 2013 from http://www.cato.org/pubs/pas/pa211.html…

    • 1737 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    is not inexpensive. According to the Centers for Medicare & Medicaid Service, U.S. health care spending reached $2.7 trillion in 2011, or $8,680 per person. This is 17.9 percent of the Gross Domestic Product. Health spending grew by 3.9 percent which was the same growth rate as in 2009 and 2010 (Center for Medicare and Medicaid Services [CMS], 2011). Because health care is so expensive it makes it difficult for those without health insurance to access primary care services. Health insurance is the primary means of accessing health care. The current health care delivery system is technology-driven with the newest medical technology being highly sought out. Patients assume that current technologies offer the best care and physician’s want to try the latest gadgets. Hospitals also compete on the basis of having the most modern equipment. This, in effect, drives up health care costs making it more difficult for individuals to obtain health…

    • 1756 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    The United States healthcare system is quite expensive, having a unique and advanced system when compared with the other industrialized nations of the world. It actually does not have a universal coverage but in the recent years, the amendment of Affordable Care Act tried to enact healthcare coverage for almost everyone. However, implementation of ACA made almost 20 million individuals insured, reduced inequality, made Americans financially secure, and healthcare more comprehensive. But, on the other hand, the National Health Spending is still unclear; insurance continues to be expensive, health system lacks clarity, and whether this act was effective and made Americans healthier still remains a question.…

    • 1018 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Letter to Congress

    • 662 Words
    • 3 Pages

    References: Jonas, S., Goldsteen, R. L., Goldsteen, K., & Jonas, S. (2013). Jonas ' introduction to the U.S. health care system. New York: Springer Pub. Co.…

    • 662 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Kovner, A. R., & Knickman, J. R. (Eds.). (2011). Health care delivery in the United States (Laureate Education, Inc., custom ed.). New York, NY: Springer Publishing.…

    • 1652 Words
    • 5 Pages
    Powerful Essays