Health Care Spending

Although total spending provides insight into overall health care spending, additional indicators are used to measure changes to health care financing. These include the amount spent calculated as a percentage of GDP and the amount spent per capita. As a percentage of gross domestic product (GDP), CIHI reports that health care expenditure decreased from 11.6% of GDP in 2011 to 10.9% of GDP in 2015 (image 2: CIHI spending as percentage of GDP). This decline is corroborated by the World Health Organization (WHO) analysis

For the last five years of my life I have worked in the healthcare industry. One of the biggest issues plaguing our nation today has been the ever rising cost of health care. If we don't get costs under control, we risk losing the entire system, as well as potentially crippling our economy. For the sake of our future, we must find a way to lower the cost of health care in this nation.

For the President, Congress, and its various budgetary agencies, a ideal healthcare system would manage the cost of healthcare, while promoting quality services and equal access to all United States citizens. However, it’s an equation that has eluded the American government unto this day. Furthermore, the idyllic healthcare system would provide preventative care, emergency care, and other maintenance from conception to the death of an individual. Furthermore, while the perfect system is progressive enough to cover every American from life to death, it should be conservative enough to limit the growth of the budget deficit.

I personally understand health care cost, and spending is a major concern for our society. Many governments around the world have established all-embracing health care, which takes the burden of health care expenses off of private businesses or individuals through pooling of financial possibility. There are tons of arguments for universal health care, and related health care practices. Health care is an important part of health systems, and therefore, it often accounts for one of the largest areas of high spending for both governments and individuals all over the world. For example, medical debt is now a leading cause of personal bankruptcy in the United States. A policy should be created to help lower the cost of health care.2

the recession. For over a decade employer-sponsor health insurance has been on a decline, the

There are many problems with healthcare in America today. One of them including the astronomical cost. According to CDC.ORG in 2007 the average person spends seven thousand four hundred dollars per year on health care alone. This rise in healthcare is extremely detrimental for families, seniors, and people of all ages. With such a high cost of insurance people are forced to make hard choices in

3n. Why has out of pocket spending been trending up over the last 20 years? Kelton opines that there has been such a forceful movement away from employer based insurance that the employer based system will collapse. (Kelton & CFEPS, 2007, para. 38) For the employers that

As the world’s richest and most powerful nation, the United States sets itself apart from other countries on a range of issues. Some of these issues are worth celebrating, while others highlight how this country continues to lag other developed countries. No issue demonstrates this divide more clearly than our lack of universal healthcare. Touted as the best system in the world by supporters, when compared with other rich nations, we continue to spend more but have lower outcomes. The Affordable Care Act, also known as Obamacare, attempted to address many of the problems with the current system; however it does not go far enough. To further improve outcomes and lower costs we must establish a universal single-payer system.

Healthcare spending growth rate trends show astounding estimates. Since 1960, spending has risen from $27 billion ($143 per capita, 5.1% pf GDP) to amazing $1,678.9 billion ($5,670 per capita, 15.3% of GDP, 2003 data) (HHS, 2005). Recent research estimated that by 2013, healthcare spending will be as high as 18.4% of the Growth Domestic Product. It is important to note that the gradual move from hospital to ambulatory setting has resulted in much higher spending on outpatient hospital services and prescription drugs. The spending growth for these two trends is much higher than the overall healthcare cost growth, which, in fact, increases faster than such important economic indicators as GDP growth, inflation growth, and population growth rates.

It is highly visible that the United States lacks an affordable, universal health care plan. Compared to other countries America is lagging behind. The improvement of access to care has become of high importance to the betterment of society and the country’s health care outcome. This paper will describe the three major problems that exist in the United States health care. In addition, it will explore the proposed health care plans of two 2016 presidential candidates and the position they take in regards the big issues.

The debate on whether or not America should have universal healthcare has been raging on since the 20th century. During the past one hundred years, medicine has advanced and the cost of medicine and health care has increased rapidly, leaving almost thirty million people uninsured. With a number of people without insurance increases, so does the concern of this problem. However, most people believes that the government should play a role in people's health care and provide universal health care, while others strongly disagree.

Manage a health care organization is not an easy task, the compromise with the community to provide an excellent service and the responsibility of keeping the profitability and viability of the organization makes health care management a complex and every day challenging profession. It require effective practices to avoid the failure of the business.

In 2003, health care spending reached 1.7 trillion dollars and 1.8 trillion dollars in 2004. That is 4.3 times the amount spent on national defense in this country. (California Health Care Foundation, March 02, 2005, Health care costs 101).

When the United States first began keeping statistical; data on national health expenditures in 1960, the population of the time was estimated at a mere 186 million people, with a national health care cost of approximately $27 billion dollars. In a short amount of time of only twenty years, the national health care costs increased about nine times the amount to $256 billion dollars in 1980, with a population of 230 million. In most recent data, 2010 spending is over ten

Currently, the issue of health insurance has been a bone of contention for the public regarding whether the United States government should provide this health plan or not. People often possess different perspectives and refer to pros and cons on both sides of the spectrum. While some believes a universal healthcare system will set a foundation for a lower quality of service, increasing governmental finance deficit, and higher taxes, others do not hold the same thought. A universal healthcare system brings enormous advantages rather than disadvantages, such as all-inclusive population coverage, convenient accessibility, low time cost, and affordable medical cost, all of which not only provide minimum insurance to the disadvantaged but also improve the efficiency of medical resources distribution.