Cost Of Health Care Essay

Cost and Quality of Health Care
It’s shocking to know that consumers are not provided with sufficient factual information that on the subject of today’s health care. The tendency in health care is that consumers assume that providers with high cost provide higher-quality care than do low-cost providers (N.A., 2013). In a research study on the basis of quality and cost, 1,421 adult respondents were least likely to select high-cost providers as high-value providers if the cost information was provided in a form of ranking (N.A., 2013). A systematic review on the study by casale and colleagues (2007), Korda & Eldridge (2011) compared the importance of bundled services in health care and found that bundling health care services greatly influenced the cost of hospital services which reflected a drop of by 5%.
A case study looking at health care spending trends by

Walker K. (1977) argues that the future of health care needs to address the amount of health care needed, ways these services will be delivered to the consumers, and how will they pay for these services and still today these fundamental concerns are circling the health care system. Health care is fluctuating greatly in today’s economy and future stabilization is needed to provide a balanced service to consumers. While the cost of health care raises, more and more private sectors, the employers will attempt to continue to reduce costs of coverage with an outcome of increased burden on employees. The crucial outcome of this will make workers less able to afford health insurance and in return develop future increase in the uninsured (Garson & Levin, 2001). In addition Garson and Levin (2001) argue that as technology of health care becomes more efficient patients will continue to see increases in health care