The Current Healthcare Policy : A Stable Healthcare System

The healthcare system in Australia is complex involving many funders and healthcare providers. In 2011 to 2012 the health expenditure in Australia was estimated to have been $140.2 billion, which made up 9.5 percent of gross domestic product in that year (AIHW, 2013). Responsibilities are split between different levels of government, and between the government and non-government sectors. With non-government sources funding for about 30 percent of the total health expenditure each year (AIHW, 2013). Australians make their contribution to their healthcare system through taxes, including the Medicare levy, and through private financing such as private health insurance. Private health insurance in Australia is a voluntary facility for private funding of hospital care and ancillaries. Insurance funds may cover the costs of treatment for private patients in private or public hospitals and can include some services that Medicare does not cover. The Australian governments fund for almost 70 percent of the health expenditure each year (AIHW, 2013). The federal government contributes to approximately two-thirds, while State, Territory and local governments together contribute for the other one-third (AIWH, 2013). As a generalization the Australian government is primarily responsible for the funding of healthcare, through health insurance arrangements and direct payments to the state and territories, while state and territories are primarily responsible

A national health care system in the United States has been a contentious topic of debate for over a century. Social reformists have been fighting for universal health care for all Americans, while the opposition claims that a “social” heath care system has no place in the ‘Land of the Free’.

Simultaneously, health and healthcare policy plays a tremendous role in the quality of life of every American. Likewise, by the government constantly interceding, health and healthcare is significantly influenced by the political climate and undertakings of administration; therefore creating a conflictual split between republicans and democrats. Health care is regarded as a product rather than a human right shaped by policymaking. Policies establish healthcare service stipulations, which are rooted in local, state, and federal statutes combined with landmark court decisions. Not only does policy focus on healthcare services; but, it also places a substantial emphasis on cost-efficiency and equality.

For the last five years of my life I have worked in the healthcare industry. One of the biggest issues plaguing our nation today has been the ever rising cost of health care. If we don't get costs under control, we risk losing the entire system, as well as potentially crippling our economy. For the sake of our future, we must find a way to lower the cost of health care in this nation.

About one third of all hospital beds in Australia are provided by Private Hospitals. Although half of all Australians have private health insurance, the Government is seeking to achieve an even higher balance of Australians with private cover, while preserving Medicare as the universal safety net. An example of how the private system works is; if a private patient was admitted to either a private or public hospital, they would have a choice of doctor to treat them. Medicare would pay 75% of the Medicare

When contemplating health care policy changes, several economic issues in health care must be considered. These include the financial issues affecting the health sector and have an impact on health policies. Policy makers face unending challenges due to the health sector revenues that are always rising. Another challenge is decreased funding and failure of the health insurance services.

This paper will include: the current health care expenditures whether spending is too much or not enough, where the nation should add or cut, how the public’s health care needs are paid and provide a forecast for: the future economic needs, why these needs must be addressed, how I envision these needs will be financed and conclusion.

The problem of rising healthcare costs is to be addressed because of its nation-wide significance. Predictions given by economic analyst suggest that funding for Medicare will run out of money and will not be operate-able by the year 2024 if government remains the major payer for healthcare and the costs of Medicare continue to rise. Government will not be able to continue financing the healthcare system on its own (Gersh, 2011).

Healthcare is the prevention, diagnosis, and treatment of illnesses, diseases, and injuries. It a very important part of everyone 's lives, no matter where they live. Every country has their own type of healthcare that helps take care of the cost of medical attention. There are four models of healthcare systems that every country generally follows. Much government makes changes to the models in order to better accommodate their needs. There are many components and plans in healthcare systems that allow the systems to operate the way they do. The United States and France are two examples of countries with very different

Healthcare is the improvement of physical and mental health through the assistance of medical services. The right to health care is an internationally recognized human right. In 1948, 48 nations, including the United States, signed the United Nations Universal Declaration of Human Rights. “In this document it is stated that everyone should have the right to a standard of living adequate for the health and well being of oneself and one’s family, including medical care” (Right to Health Care ProCon.org). People have the right to receive the health care they deserve regardless of the costs. It is a basic human right to be provided with the medical care and assistance needed to live.

Healthcare spending growth rate trends show astounding estimates. Since 1960, spending has risen from $27 billion ($143 per capita, 5.1% pf GDP) to amazing $1,678.9 billion ($5,670 per capita, 15.3% of GDP, 2003 data) (HHS, 2005). Recent research estimated that by 2013, healthcare spending will be as high as 18.4% of the Growth Domestic Product. It is important to note that the gradual move from hospital to ambulatory setting has resulted in much higher spending on outpatient hospital services and prescription drugs. The spending growth for these two trends is much higher than the overall healthcare cost growth, which, in fact, increases faster than such important economic indicators as GDP growth, inflation growth, and population growth rates.

A healthcare system is any type organization of institutions, people and resources that are there to provide a healthcare to the population. In any country healthcare system is very important because the quality of life, productivity of the country and life expectancy is determined by the country's healthcare system. Each country has a different healthcare system that is suitable for population. Most of the country has a Universal healthcare system while some of them have a single payer healthcare system. Different governments run different types of healthcare system. Every healthcare system has own strength and weakness. Among the country that

The future of healthcare if left as is, the system will falter and eventually, a new reform will be realized as necessitous (Garman, Butler , & Brinkmeyer, 2006). When the system proposed fail to meet

The healthcare system plays a key role in the economic stability of our country, as every year trillions are spent in attempt to combat disease and health issues that plaque humanity. As it makes up a significant amount of the expenditures in the economy, so the costs associated with health care of those in pain from illness and injury, including lost productivity, increased need of assistance in living and also the cost of death in some cases, is important to the economic stability and over all standard of living in our country. The key to economic prosperity is balancing the need for care with the costs of illness to keep as many people healthy and well without breaking the bank of collective society. The costs of healthcare have been increasingly problematic in recent years with so many issues surrounding the current system. With the “total health care spending in the United States expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010 and $75 billion in 1970, meaning that health care spending will account for nearly 20 percent of gross domestic product (GDP), or one-fifth of the U.S. economy, by 2021” (Aetna). With this in mind it is apparent that as we look at the trillion-dollar industry of the medical community it seems that it needs to be a major focus of our nation as a whole and with the many issues come many creative solutions. First let us analyze the reasons behind the current cost and the major problems facing this industry and than discus what

The current state of United States’ health care system is one of the most polarizing subjects of debate among scholars and other health care professionals across the globe. This can be attributed to the fact that at one extreme end, there are some who argue that that Americans have the best system of health care in the world (MePhee, 2013). Perhaps the availability of the state-of-the-art facilities and free medical technology that have become highly symbolic of the various industries in the United States have motivated the idea of the country’s health care system being unparalleled to others. However, there is a common belief that the fight for universal health care can only be successful if its current state of health care is described as a failure in the modern era as emphasized by MePhee (2013).