Many of these people are hard working Americans who cannot afford coverage, yet earn too much money to qualify for their state Medicaid plans, but should have access to health care. In 2008, health care expenditures surpassed $2.3 trillion, more than three times the $714 billion spent in 1990, and over eight times the $253 billion spent in 1980 (Kimbuende, Ranji, Lundy, & Salganicoff, 2010, para. 1). In 2007, 62.1 Percent of all US bankruptcies were related to medical expenses. Ironically, 78 percent of the medical bankruptcies were filed by people who had health insurance (Himmelstein, Thorne, Warren, & Woolhandler, 2009).
“In 2002 American paid an average of $5440 in medical expenditures, up $419 from the previous year alone.” (Frosch, 2005) The major increases in medical costs can be attributed to technological advancements and the high costs associated with break-through drugs. Capitalism is the driving force of the medication industry. Higher medical costs are the first major factor increasing health care costs. “What you’re seeing in the bankruptcy numbers is a function of the fact that there is a very thin social safety net in this country in terms of health care.” (Frosch, 2005) Another major factor is the huge spike in the past fifteen years of uninsured Americans. In 2005, there are 45 million uninsured Americans, a jump of 10 million since 1990.
(cms.gov. 2007) Sloppy penmanship has been a problem in the medical field for decades. With the increase of aging baby boomers and the decline of fitness in the American population, prescription medications is at an all time high leading to the potential increase in written prescription errors. Written prescription errors were encountered for 37 out of every 100 written, contributing to the skyrocketing cost of health care. The error... ... middle of paper ... ... Affairs, 393-404.
According to Fairhall and Steadman, (2009), even though the recession is hard on all, it is worse on the uninsured due to health care and insurance cost rising faster than incomes. Nevertheless, even those with jobs are lacking in health insurance due to employers, who provide insurance, are increasingly dropping their sponsored insurance. Many find that purchasing a health policy or paying for medical care out-of-pocket is cost prohibitive. “Since the recession began in December 2007, the number of unemployed Americans has increased by 3.6 million,” (Fairhall & Steadman, 2009). In 2009 it was stated that approximately 46 million Americans were uninsured, however not all of that number is due to the inability to afford coverage.
Achieving Population Health in Accountable Care Organizations. American Journal Of Public Health, 103(7), 1163. doi:10.2105/AJPH.2013.301254 Sorbero, M. S., Ricci, K. A., Lovejoy, S., Haviland, A. M., Smith, L., Bradley, L. A., & ... Farley, D. O. (2009). Assessment of Contributions to Patient Safety Knowledge by the Agency for Healthcare Research and Quality-Funded Patient Safety Projects. Health Services Research, 44(2p2), 646-664. doi:10.1111/j.1475-6773.2008.00930.x
The rising costs. The uneven quality. Health-care reform is the biggest domestic issue of this year because people are anxious.” (Gratzer p. 28) It is clear that one of the main reasons that so many Americans are uninsured is because of the rising costs of health care, ... ... middle of paper ... ...for our country and which one would improve our economy as well as providing the best health care for our citizens since the birth of our nation. “Yes, there are too many uninsured Americans, but insurance reform that would eventually see tens of millions of Americans shifted to a public program is not the answer. Yes costs are rising, but rationing by bureaucracy is not the answer.
More than one-third of Americans who are between the ages of nineteen and twenty-four are uninsured. This is because most insurance is provided through a person’s job, and entry-level jobs which isn 't available for all young students. In addition, healthcare costs are currently rising faster than inflation, which means that salary increases cannot compensate for the higher prices of health care. Government regulation and a universal system could help keep costs affordable. A universal system would guarantee that everyone could receive health care regardless of preexisting conditions.
“According to the U.S. Census Bureau (2004), between 2000 and 2003, the number of Americans without health insurance rose from 1.4 million to an astonishing 45 million” (Rashford 5). It is my assumption that many Americans health is declining with the risk of dying early due to lack of insurance or no coverage at all. I believe a well budgeted universal healthcare plan is necessary to solve this critical issue. Although there has been a lot of debate over universal healthcare in America, we have made some progress going in the right direction. President Obama recently passed a bill so that Americans will be able to utilize these services.
Sofaer, S. (1998, June 1). Aging and primary care: an overview of organizational and behavioral issues in the delivery of healthcare service to older Americans retrieved 10/25/07 from www.encyclopedia.com. U.S. Department of Health & Human Services. (2006, October 12). Markets at RiskCurrent and Future Challenges in a Managed Care Marketplace retrieved 10/25/07 from www.aspe.hhs.gov.
Total health care expenditures grew at an annual rate of 4.4 percent in 2008 (Kimbuende, Eric pg.1). This growth has become a major problem for our government, employers, and consumers increasingly struggle to keep up with healthcare costs (Kimbuende, Eric pg.1). Although Americans benefit from many of their investments in health care, the recent rapid cost growth coupled with an overall economic slowdown and rising federal deficit, is placing great strains on the systems used to finance health care (Kimbuende, Eric pg.1). The exceeding cost of health care is causing more problems for the poor and middle class individuals (Kimbuende, Eric pg.1). One problem that is feeding into our healthcare deficiency is the spending on technology and prescription drugs (Kimbuende, Eric pg.1).