National Healthcare Spending in the United States: An Evaluation

1850 WordsJan 14, 20187 Pages
National Healthcare Spending in the United States: Healthcare spending in America has continued to increase to an extent that it exceeds the growth in national income and the increase in spending in other developed or industrialized countries. Despite of the huge healthcare expenditure that has characterized the nation's annual budget, many Americans are without adequate healthcare. As a result, several measures have been adopted by the government from time to time in attempts to solve the problem of increased national healthcare spending. However, most of these attempts have failed to address the problem even as healthcare expenditures continue to increase. This problem has also contributed to numerous concerns among Americans since the cost of healthcare in the country is increasing rapidly than the incomes of those who pay for these services. Regardless of the failed attempts to deal with the problem, the growth of healthcare spending more than the national income contributes to the need for effective measures to reduce healthcare expenditure. Therefore, it's important for policymakers to take appropriate measures to limit the rising cost of healthcare in methods that will also contribute to improved quality of healthcare. Trends in Healthcare Spending in the United States: As previously mentioned, healthcare cost in the United States is growing more rapidly than the average national incomes of those who pay for healthcare services. Since 1960, the total

More about National Healthcare Spending in the United States: An Evaluation

Open Document