Health Costs Of The United States

1012 Words5 Pages
The U.S. has experienced a dramatic change over the last decade. Health costs have continued to rise and have become unreasonable. Health care spending in the United States is expected to reach about $4.6 trillion in 2021.The spending of health care costs has affected the citizens of the U.S. as well as health care facilities negatively. Americans are not capable of paying for health expenses on their own. There are some reasonable options that have been suggested as a solution to this issue, but have not been successful. For example, aids such as health insurance and Medicaid help with a certain percentage of the overall cost, but people are still left to pay for health insurance premiums and the remaining expenses that the insurance does…show more content…
Expenses continued to rise as these innovations approached the health system. According to the University of Pennsylvania’s Medical Historian Rosemary Stevens, antibiotics were used to an advantage in the 1940s. During the 1960s, the United States’ annual spending in health care was at least fifty percent higher per capita than any other country. Then, In the 1990s, all of the Organization for Economic Cooperation and Development (OECD) countries except Mexico, Turkey, and the United States had answered the question, “Who, if anyone, should be ensured access to care, and at whose expense?” by establishing some version of universal and non-universal coverage (Stevens). The OECD countries are Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, and the Unites States. At one point in the 1990s, rising health costs slowed down because employers decided to turn to managed-care insurers for employers’ coverage. Also, health care providers looked forward to the large-scale health care reform established by President Bill Clinton. In 1996, President Bill Clinton’s health-care reform failed and caused health care expenses to rise again. New
Open Document