Healthcare Essay
Health Care
Health Care
Abstract
Health care is essential for all no matter which country they call theirs and the United States is no exception and provides a good example of how the creation of insurance has grown into a controversial subject for many reasons. Spikes in costs, illegal claims, insider trading, and various other factors contribute to many issues surrounding costs, risks, greed, and ill settled suits are just a few of the issues. Areas such as price ceilings, economical instabilities, and governances contribute to areas afore mentioned. Health care costs have risen steadily for years. “Health care expenditures reported in 2008 exceeded $2.3 trillion” (Miller, nd) this figure reportedly will increase throughout the 21st century unless the government, employers, and consumers can work together to stem this out of control growth. Over the course of U.S. history, the economics of healthcare have undergone several changes that have all culminated into what it is today. Although several factors come into play in regards to these changes, the primary driver behind these changes have been major advances in medical care techniques and advanced technology such as in the field of diagnostic imaging and surgical services. All these things aside, it is important to illuminate the fact that regardless of the time period, the payment for services and its source have always been a critical factor in how fast and how far healthcare can go.
Health Care
Introduction
The history of health care is short but it provides a small view of how the United States made a simple choice of demand and supply through fee-for-service to managed care, PPOs, and other insurers of health care including the federal government. Fee-for-service in the early 1900s was the norm for the American public. Insurance companies did not provide health care, and if they provided the service it was only available to a few wealthy people. Physicians charged a set price
Health Care
Abstract
Health care is essential for all no matter which country they call theirs and the United States is no exception and provides a good example of how the creation of insurance has grown into a controversial subject for many reasons. Spikes in costs, illegal claims, insider trading, and various other factors contribute to many issues surrounding costs, risks, greed, and ill settled suits are just a few of the issues. Areas such as price ceilings, economical instabilities, and governances contribute to areas afore mentioned. Health care costs have risen steadily for years. “Health care expenditures reported in 2008 exceeded $2.3 trillion” (Miller, nd) this figure reportedly will increase throughout the 21st century unless the government, employers, and consumers can work together to stem this out of control growth. Over the course of U.S. history, the economics of healthcare have undergone several changes that have all culminated into what it is today. Although several factors come into play in regards to these changes, the primary driver behind these changes have been major advances in medical care techniques and advanced technology such as in the field of diagnostic imaging and surgical services. All these things aside, it is important to illuminate the fact that regardless of the time period, the payment for services and its source have always been a critical factor in how fast and how far healthcare can go.
Health Care
Introduction
The history of health care is short but it provides a small view of how the United States made a simple choice of demand and supply through fee-for-service to managed care, PPOs, and other insurers of health care including the federal government. Fee-for-service in the early 1900s was the norm for the American public. Insurance companies did not provide health care, and if they provided the service it was only available to a few wealthy people. Physicians charged a set price
References: Kevin Sack. May 26, 2010. Health Care Study Calls Risk Pool Money Lacking” The New York Times Miller-Keane Encyclopedia and Dictionary of Medicine, Nursing, and Allied Health, Seventh Edition. Robert J. Buchanan. (1981) Health-care finance: an analysis of cost and utilization issues. Lexington Books Spokesman-Review, T. (2011, November 27). The Spokesman-Review. Retrieved May 25, 2013 from http://www.spokesman.com/stories/2011/nov/27/seniors-work-to-close-tech-gap/ http://www.miller-mccune.com/business-economics/history-and-%20health-cooperatives-9007