Health Care Act Of The United States

1862 Words Nov 3rd, 2015 8 Pages
Health care costs in the United States are higher than ever before and the issue of how much Americans are spending on their health care is more prevalent than ever. Factors such as unhealthy lifestyles, increasing use of medical technology, increasing costs for prescription drugs, as well as large out of pocket premiums and lower household incomes all contribute to the high costs of medical spending. The United States is the global leader in spending on health care, compared to its European counterparts, most of whom offer various forms of universal health care to their residents (Squires and Anderson). With the passage of the Affordable Care Act (ACA) in 2010, the United States is trying its own form of universal health care in an effort to bridge the gap in health care costs and make it more affordable and more accessible to millions of uninsured Americans. While the Affordable Care Act is not without its controversies, since the major insurance provisions instated after the Affordable Care Act was passed it seems as if health care spending within the United States may be slowing down, yet the U.S. still remains the highest spender in the world. In 2012, more than one-sixth of the U.S. economy was dedicated to health care spending (Blanding). In 2013, the last year of data collected before major provisions of the ACA went into effect, United States healthcare spending totaled 2.9 trillion (NHE Fact Sheet). In 2012, the United States spent an estimated average of about…
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