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HCA 305 Week 5 Final Paper 1

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HCA 305 Week 5 Final Paper 1
THE COST OF HEALTH CARE
Kimberly Harris
HCA 305
Instructor: Keleigh Reyes
November 15, 2014

For this paper I chose to compare and contrast two countries; that of the United States health care system and Canada’s health care system. The United States is considered to have the most expensive health care system. This system dates all the way back to World War II. In health care, Canada and the United States is different in many ways compared to how they use to be at one time. There are problems in each country that lies within the major stakeholders of the health care system and what things can be done to make it less expensive for patients. Also, in this paper there will be discussions on the statement of the problems, the history of the problems, describing the role of the stakeholders in the problem, sharing how the P.P.A.C.A. and other federal policies have attempted to address this issue, as well as, recommendations on what should be done to address this issue. The first to be done is to discuss the major problem of our health care system which happens to be the price. There was an article written in 2010, which shows that 17% of our Gross Domestic Product (GDP) was spent on health care. According to this article, it is supposed to increase by 18% by the year 2018 (Crissy, Larimer, Furnas, Spencer, 2010). One may ask the question: What is Gross Domestic Product? As found in the English dictionary, the definition is “the total market values of goods and services produced by workers and capital within a nation’s border during a given period of time” (English Dictionary online). In my opinion this more or less means that the cost of health care is rising, and the coverage is declining. Patients will have a hard time paying out-of-pocket in seeking care for their sickness. Therefore, patients will end up dropping that insurance coverage because of the expensiveness of the insurance. If patients choose to see their provider, it will probably be



References: Allen, F. (2012) Fixing Our Health Care System Evening Post 284(5), 44 Beaussier, A Blackstone, E. A., & Fuhr, J. J. (2007). Redefining Health Care: Creating Value-Based Competition on Results. Atlantic Economic Journal, 35(4), 491-501. doi:http://dx.doi.org.proxy-library.ashford.edu/10.1007/s11293-007-9091-9 Crissy, F., Larimer, G 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.

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