Health Care Debt Is The Leading Cause Of Bankruptcy Of The United States

1892 WordsMar 29, 20168 Pages
Health care debt is the leading cause of bankruptcy in the United States (Factcheck.org). Our privatized system has failed the chronically ill population of our country. The political climate that we currently have for these issues is not addressing these issues at an appropriate pace. Health care in the United States is the most expensive in the world, and health care inflation is increasing the fastest in the world (Reid 9). As of 2005, the United States health expenditure as a percentage of GDP is fifteen point three percent (Reid 9). We currently have a system where health care costs are increasing faster than wages, and this has been going on since at least 2000 (Starr, 161). We lead the world in health care spending, and this is a hemorrhage that needs more than a bandage. Some of the other problems we face in this country are access to care, quality of care, and efficiency of care. In this paper, I will dive in to the reasons why we have these problems, and I will analyze both sides of the argument of reform. The two major political parties in the United States have very different types of solutions for these issues. I will dissect each of these approaches, and explain what works about each sides approach, and what does not work about each sides argument. I will also discuss the current US social programs that work, and explain how they work. We need congress and the president to act in cooperation to solve these issues. Our convoluted

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