Abstract
In this paper, I will be writing about why the cost of health care premiums continues to increase. I will give research to corroborate my findings, and explain as much as possible to how it has affected both employers and employees and their families. I will also do some pros and cons of how healthcare has evolved, will also discussed reasons for the increase. What kind of changes will be projected soon, how to curve the cost of healthcare so it can be more affordable. Effect of healthcare in certain ethnicity, demographics how regulations changes from one state to another.
Introduction
There are many studies done focusing on the rising cost of health care and some of the findings states that the rising cost of healthcare …show more content…
And while drugs are helping us with the aging process it comes with a cost to healthcare many medical personnel is also ordering name brand over generic and there is no proof that its more effective just much more expensive. An interesting point in this article “Fact Sheet” describing Medicare helped create an overreliance on hospital care. Emergency room treatment is very expensive, making up one-third health care costs in America. By 2011, there were 136 million emergency room visits. That's because an astonishing one out of five adults uses the emergency room each year. The nation’s reliance on corporate private health insurance left many people without a primary care physician. By 2009, half of the people (46.3 percent) who used a hospital said they went because they had no other place to go for health …show more content…
I want to include this chart to show the difference in prices in medication between the US and Canada and that is a clear why it is impossible to pay healthcare premiums, and someone must offset these costs because the insurance company won’t, so the consumers are the ones that suffer the costs in
In this paper, I will be writing about why the cost of health care premiums continues to increase. I will give research to corroborate my findings, and explain as much as possible to how it has affected both employers and employees and their families. I will also do some pros and cons of how healthcare has evolved, will also discussed reasons for the increase. What kind of changes will be projected soon, how to curve the cost of healthcare so it can be more affordable. Effect of healthcare in certain ethnicity, demographics how regulations changes from one state to another.
Introduction
There are many studies done focusing on the rising cost of health care and some of the findings states that the rising cost of healthcare …show more content…
And while drugs are helping us with the aging process it comes with a cost to healthcare many medical personnel is also ordering name brand over generic and there is no proof that its more effective just much more expensive. An interesting point in this article “Fact Sheet” describing Medicare helped create an overreliance on hospital care. Emergency room treatment is very expensive, making up one-third health care costs in America. By 2011, there were 136 million emergency room visits. That's because an astonishing one out of five adults uses the emergency room each year. The nation’s reliance on corporate private health insurance left many people without a primary care physician. By 2009, half of the people (46.3 percent) who used a hospital said they went because they had no other place to go for health …show more content…
I want to include this chart to show the difference in prices in medication between the US and Canada and that is a clear why it is impossible to pay healthcare premiums, and someone must offset these costs because the insurance company won’t, so the consumers are the ones that suffer the costs in