One problem that is feeding into our healthcare deficiency is the spending on technology and prescription drugs (Kimbuende, Eric pg.1). For several years, spending on new medical technology and prescription drugs has been cited as a leading contributor to the increase in overall health spending (Kimbuende, Eric pg.1). “New drugs and technology increase healthcare costs because they generate consumer demand for intense costly services.” Even though the cost of healthcare related to technology and drugs have decreased over the pat couple of years, it is still an issue in our society (Kimbuende, Eric pg.1).
Another thing that affects our healthcare costs is chronic disease (Kimbuende, Eric pg.1). Seventy-six percent of Medicare spending is on patients with five or more chronic dise...
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... pharmaceutical products and medical devices will help improve the nation’s healthcare cost (Hoppe, Hans Hermann pg.1).
Healthcare-problems and solutions. 1998. Luksik Action. 13 September 2011.
Hoppe, Hans Hermann. “A four step healthcare solution.” 2009. The Free Market. 13 September 2011. http://mises.org/freemarket_detail.aspx?control=279
Kimbuende, Eric. “U.S. Healthcare cost.” KaiserEDU.org. March 2010:1-3. 19 September 2011. http://www.Kaiserebu.org/us-Health-care-cost.org
Swartz, Kimberly. Healthcare Cost Monitor. 2011. The Hastings Center. 19 October 2011.http://healthcarecostmonitor.thehastingscenter.org/kimberlyswartz/projected-costs-of-chronic-diseases/
Ways to Improve Healthcare system. 2009. Rediff India Abroad. 19 October 2011. http://www.rediff.com/money/2007/jul/23health1/htm
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