Significant Health Care Event Essay

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The delivery of quality health care to all the people irrespective of their race, age, sex, and class, is the main objective of an efficient health care system. The health care system has evolved in various preventive and promotional policies, programs and practices adopted by the United States health departments, in order to develop and improve the health of the people. A major reform has occurred in health care financing, which provides health care options in order to attain the universal health care coverage. The paper discusses the significance of the health care financing system in the United States; how it has evolved and how it has improved the health care of the Americans.
The health care financing endeavors to move closer to …show more content…

However, the changes in United States health care financing system continue to face challenges due to rising health care costs. As the American population increased, the State spent a twice amount of health care costs in 2006, as compared to the amount spent in 1996 (Annie, 2013). Moreover, in the past fifty years, the American health care has reformed, with private and public insurance paying for more health care. The high health cost strains the American business, which directly finance about a quarter of the spending in health care. For example, between 2000 and 2007, the employer-sponsored health insurance premiums rose by 98%, which is four times more than the cumulative wage increases (Teixeira, 2008).
Moreover, high premiums that people continue to pay are usually higher than the amount of deductibles, as well as the health service that they utilize (Annie, 2013). From 2001 to 2004, there was an increase in the number of non-elderly Americans, who spent more than 10% of their income on premiums. Apart from the high American population that may have increased; the higher the overall health care expenditures, the inefficient and dishonest health care financing system may also have contributed to the high health care expenditures. Some of the private health insurance systems may inflate medical bills, thus some

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