The Current Healthcare Policy : A Stable Healthcare System

1957 Words8 Pages
The current healthcare policy cannot be maintained in its current form due to a constantly increasing population/aging population and the decreasing of government funding. Healthcare is an important element and is used to promote the betterment of individuals within a country. Healthcare is essential to most individuals as it provides treatment of illness or injury, prevention of diseases and assists with other impairments ( A stable healthcare system provides reliable care to those who are sick, injured or diseased. Healthcare is responsible to provide medical advice, perform operations and administering vaccines. ( The Australian Government (Liberal) has inherited a budget position that is unsustainable and can no longer afford to maintain the current healthcare policy if they are to minimise Australia’s debt and improve healthcare in the near future. Spending on health is currently at 4.1 per cent of Gross Domestic Product (GDP) and without changes to government policy the Productivity Commission estimated that over time it would rise to 7.0 per cent. High growth in spending on Medicare and public hospitals is predicted to put the budget under increasing pressure. Revenue from the Medicare Levy and Medicare Levy Surcharge will not be enough to balance the increasing cost of health care as it is less than 20 per cent of the total Commonwealth health spending when combined. The demand for medicines and other health services is

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