Medicare Spending Research Paper

Furthermore, the United States spends nearly double the average $3,923 for the 15 countries ("Health Care Cost," 2011).” Accordingly the U.S. throws away more money than any other country on healthcare which consequently could jeopardize the medical attention that is being provided.

The U.S. Health system spends a higher portion of its gross domestic product than any other country but ranks 37 out of 191 countries according to its performance.” (WHO, 2000, p. 1) Progression in the United States has not kept up with the advances in other wealthy nations dealing with the population health. Disease and chronic disability report almost 50% of America health problem (JAMA, 2013).

The United States has a very unique healthcare system. Does this mean that we are simply leagues ahead of the rest of the world in healthcare? Unfortunately, not at all. The ideal of American exceptionalism is apt to describe our healthcare system. That is, our current system is exceptionally bad. Per capita, the United States spends “twice the average of other developed countries” on healthcare ("United States Per Capita Healthcare Spending Is More Than Twice The Average Of Other Developed Countries"). Yet, in the World Health Organization’s ranking of healthcare systems by nation, the U.S. comes in at a dismal 37th place, despite spending the most per person of any country on Earth on healthcare ("World Health Organization’s Ranking of the World’s Health Systems").

The United States health care system ranks 37th in the world. Statistically, it’s bizarre how United States is amongst one of the most advanced nations in the world and the fact that it spends more on its healthcare

Many people believe that the current of health care in the United States is the best health care in the world however it has major shortcomings that has become more visible for the whole world to see. The United States has the most expensive health care system in the world based on health expenditure per capita and on

Despite having the most expensive health care system, the United States ranks last overall among 11 industrialized countries on measures of health system quality, efficiency, access to care, equity, and healthy lives, according to a new Commonwealth Fund report. The other countries included in the study were Australia, Canada, France, Germany, the Netherlands,

25% or more of one’s income going toward health care is too much for today’s economy this

It is said that 37% of Americans do not go to their regular doctor due to the high prices of the visits and prescriptions to be filled, unlike Europe with 4-6%. Or what about 23% of Americans don’t pay any hospital bills due to the high cost, compared to Europe’s 6%. Ever wonder why Americans spend so much, but get so little? The money that we spend towards our physicians to give us a look, goes towards useless and wasteful practices. With all the statistics, the list could go on and on. Let’s face it, America’s health

According to the Garber & Skinner (2008), the United States spends more on health care than other nations but continues to score below other nations in numerous areas of measurement. These scores in, consideration with amount spent, suggest that healthcare is the United States is inefficient. Additionally, the United States has a significantly large portion of under

Rising medical costs are a worldwide problem, but nowhere are they higher than in the U.S. Although Americans with good health insurance coverage may get the best medical treatment in the world, the health of the average American, as measured by life expectancy and infant mortality, is below the average of other major industrial countries. Inefficiency, fraud and the expense of malpractice suits are often blamed for high U.S. costs, but the major reason is overinvestment in technology and personnel.Health care costs are far higher in the United States than in any other advanced nation, whether measured in total dollars spent, as a percentage of the economy, or on a per capita basis. And health costs here have been rising significantly faster

What does America have to show for all the money it is spending on health care? It wouldn’t be unreasonable to speculate that the U. S. would have the lowest infant mortality, the highest life expectancy, and the most efficient health care in the world. Unfortunately, however, that is not the case. The United States according to the same article, ranks 46th out of 48th in health care efficiency, Serbia and Brazil are the only two ranking lower. Infant mortality and life expectancy in the United States rank 167thand 44th out of 224 respectivelyaccording to the CIA World Factbook (2015). Additionally, approximately 15 percent of people in the U.S. are still uninsured. The return on investment in health care needs to have better results; a system that provides the highest quality care that leaves no one out.

According to data presented by Organization for Economic Co-operation and Development (OECD), the US health care cost exceeded $ 8,000 per capita, in 2010, comparing to the next most expensive system (Norway) $5,000 per capita (OECD Health Data, 2012). Despite being the most expensive system in the word, US healthcare system has failed on many areas of performance and quality. According to OECD data, US has much lower life expectancy than other industrialized countries, also the infant mortality rate is higher than those countries. Moreover, the US is the only industrialized country that does not provide its citizens a protection of a universal health care coverage.

The video from PBS titled The Good News in American Medicine portrays the importance of a successful and affordable health care system. Information in this film was factual and neutral because the health care physicians and leaders worked together through trial and error to create systems that were beneficial to many. The United States as a whole does not have the necessary elements that it requires to satisfy the health care needs of all citizens; health care is expensive and divided among many systems that differ in cost and availability. According to the National Center for Biotechnology Information, “The result is that the U.S. spends more per capita on health services than any other country in the world, but lags behind many other countries

Many would argue that here, in the United States, we have the best healthcare in the world. We benefit from the most up to date medical technologies, medications, and services. People come from every corner of the world to take advantage of our top notch physicians and facilities. But is this reputation warranted, and if so, at what cost? The average annual cost per US resident is $7,681; this comprises 16.2% of our gross domestic product. These costs rank us among the highest of industrialized nations (Lundy, 2010). Does this high expenditure equate to better outcomes? According to the National Scorecard on US Health System Performance (2008), the US received a 65 out of 100 possible points.

If you’re wondering how important health benefits are to your business, the answer is very important! In fact, workers consistently rate health benefits as one of the most valued benefits an employer can offer next to vacation time and pay increases. It’s something that has become a mandatory offering from businesses to employees. Without this offering, potential employees won’t find your business competitive.