According to Levey theories” Unaffordable deductibles are also emerging as a major issue for health plans being sold on marketplaces created by the Affordable Care Act. The marketplaces, now in their second year, were designed to help people who don’t get health plans through an employer. Most of the nearly 10 million people in marketplace plans qualify for subsidies to offset their premiums, but deductibles in many plans are thousands of dollars (Noam Levey). Overall, the health care cost should be affordable for people because there are many people who don’t have the money to afford higher medical cost while dealing with other financial problems. Here is statistic that shows the different countries that spends on healthcare.
Statistics have shown that over forty million Americans lack health care insurance, and as a result, constitutes a problem for the rest of society. In the book, “Uninsured in America”, Rushika, a physician in health policy and Susan, an anthropologist, both studied the issues that lead to why these individuals in the U.S do not obtain health care insurance. People who have higher health expenses are forced towards on particular health plan. These higher expenses are associated with people who are considered the sick. The pre-existing health conditions of the patients causes premiums and out-of-pocket costs to increase, and sets a toll for the more healthier people, who are more eligible for more options, to leave the health plan.
A National Health Program is a relief for doctors? Have you ever delayed a doctor’s appointment because you cannot afford it?. According to a survey published on 2009 by The American Journal of Public Health, the lack of an insurance have caused 45,000 deaths a year in The United States. The same Harvard study found that “people without health insurance had a 40 percent higher risk of death than those with private health insurance — as a result of being unable to obtain necessary medical care”. Most of the time people avoid visiting doctors due to economic factors and decide to self-medicate generating that their health get worse, as a result, people might develop mortal diseases and aggravate their economy.
Since the number of working Americans has not grown along with the number who are retiring, Social Security has become a black hole to the current generation of workers. We will pay into it most of our lives, but will not be able to collect unless a drastic change is made. Everyone has heard the ongoing debate over the past few years about what should be done to reform Social Security. The Social Security Board of Trustees estimates that by the year 2032, Social Security funds will be fully spent. There are several reasons for this, including the retirement of the “baby boom” generation and the assumption that the U.S. economy will grow at a slower rate than it has been.
At this point, money will still be coming in, but will not pay out the full benefits to recipients. The worker to retiree ratio is continuously declining, being approximately three workers to every retiree. This ratio is expected to decrease even more, meaning retirees will continue to see a decrease in income from Social Security. Additionally, too many recipients are relying on Social Security as a primary source of income. Baby Boomers are beginning to phase into retirement, but do not have sufficient funds of their own, therefore are relying more on Social Security.
As a person reaches retirement age, they are faced with many things to deal with. Retirement from work is one of the many realities they face. If they are not financially stable enough to retire, many continue to work rather than face the uncertainty of their financial future. Retirees do not get enough from Social Security that many are forced to live in low cost housing or become homeless, especially our veterans. Applying for Medicare Insurance is another obstacle an elderly person will have to face.
For instance, according to a recent survey done last year many Americans who needed medical care did not get it because of the expense. It would be too much for their budgets. The cost led fifty-eight people to go without the health care they needed in the previous twelve months, according to a survey taken by the Henry J. Kaiser Family Foundation, a non-profit research organization. As a result, individuals skipped doctor and dentist visits, did not take their medicines, and took steps to save money that could make them less healthy. The report depicted that while a considerable number of Americ...
(Staline, Wang) Mark Koba of CNBC states that the U.S. is estimated to be short about 16,000 primary care doctors. That leaves about 55 million people without a doctor or struggling to find one. He goes on to discuss that one reason for the shortage is the aging of doctors and their patients. He states that nearly half of all doctors are nearing retirement age, are also working fewer hours and seeing fewer patients. According to Jen Christensen from CNN who spoke with Dr. Ryan A. Stanton from Georgetown Community Hospital, Dr. Stanton is worried, that the “Obamacare” influx of patients will crash the system.
David Author of Massachusetts Institute of Technology and Mark Duggan of University of Maryland state that the annual price tag is nearly three and a halftimes the budget of the Department of Homeland Security. Insurance benefits used to be for the people who have suffered major illnesses as heart attack, strokes, cancer, etc. Not this has become a benefit for the unemployable. In 2004 men between the ages of 40 and 65 without a diploma were more likely to receive benefits of those with a diploma. Almost two-third of applications will get denied because people are found to not be fully disabled from working.
More and more talk recently about the fact that Social Security is on the fast decline has left many people, especially those around the retirement age, wondering what they are going to do for their income when they retire and the system falls through. The fact that this system is disappearing is quickly turning into a major problem because there is a large percentage of the economy that is on the verge of retiring and they are going to need money for that. How, though, will they receive this money if it no longer exists? Social Security is a system that is set up in the United States that helps people of old age still have a source of income after they retire. It even helps some people who have medical issues and are not able to work.