Cost Of Health Care Essay

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Financing of Health Care Health insurance is becoming the focus in our lives as many individuals are struggling to balance health and cost. The high cost of insurance benefit those who can afford and for other, it is a difficult task to accomplish. I am grateful to have a job where I can have insurance for my family and self, I know some families who cannot afford health issuance and have to go through the worries to afford one. The high cost of health insurance benefits those who have money or can afford to buy the expensive drugs. It is sad to think that one can compensate money for the cost of health because the chances to survive an illness are low. My Question is what makes a drug expensive? the source of material or the time put into …show more content…

The cost of provengen may sound expensive $90.000 for four mouths but it reasonable compared to all the treatments that the patient may have to go through which may end up being more expensive and course more damage to their bodies. The Government can subsidize drugs like provengen that have a good outcome and treat in a short amount of time. When a family member or someone is sick of crucial illness money should be their least problem yet that adds more stress to the health condition. Ensuring that everyone is covered with health insurance is reducing the cost because more people will seek preventative care and illnesses like cancer will be discovered at an early stage, which is easier to manage. As explained by Reinhardt, ( 2010) it will be easier to provide insurance for the millions of Americans now rather than only for the uninsured or lower-income who will benefit full coverage through the federal subsidies, which is estimated to be about $800 billion to 1 trillion in a bill that is in progress with

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