A tribute to why American health care is so high in price is that insurance companies are so weak in power. For example, in America there are hundreds of different carriers, this means that no single insurer has a large negotiating power, and this causes pharmaceutical companies, orthopedic device manufacturers, and large hospital networks such as for profit Tenet can charge as they like for services. Insurance is a necessity for America because the average modern adult cannot afford to pay directly to healthcare manufacturers and hospitals. Recently however, The United States government passed a large increase of health insurance coverage across the nation, many call Obamacare or the Affordable Care Act, expected to insure 26 million people by 2024 which will help many Americans. However, the plan is not a solution though to the problem at hand, it simply forces citizens to purchase one of the hundreds of private health insurance plans furthering the
A tribute to why American health care is so high in price is that insurance companies are so weak in power. For example, in America there are hundreds of different carriers, this means that no single insurer has a large negotiating power, and this causes pharmaceutical companies, orthopedic device manufacturers, and large hospital networks such as for profit Tenet can charge as they like for services. Insurance is a necessity for America because the average modern adult cannot afford to pay directly to healthcare manufacturers and hospitals. Recently however, The United States government passed a large increase of health insurance coverage across the nation, many call Obamacare or the Affordable Care Act, expected to insure 26 million people by 2024 which will help many Americans. However, the plan is not a solution though to the problem at hand, it simply forces citizens to purchase one of the hundreds of private health insurance plans furthering the