Case Study: Cost Of Health Care

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1. Rewarding medical providers for doing more, rather than being efficient:
All the physicians, hospitals and other medical professionals are paid under fee for service by the insurance agencies and Medicare. The fee for service incorporates the repayment for each test, consultation. Combined with a medical system that is not coordinated, this supports overtreatment, including repetitive tests.

2. Population is old, sick and fat: Roughly the greater part of the USA population experience the ill effects of perpetual sicknesses like heart diseases, diabetes which are prompting to increment in the cost. The vast majority of the population are overweight and fat. Being obese can bring about chronic disease and increment cost on medical treatment. Old individuals require more restorative care. The baby boomer going to their retirement, with enlistment in Medicare set to grow by an average of 1.6 million people annually. …show more content…
Newer technology, drugs and procedures are expensive: Advances in recent medical technology helps to deliver high quality care and increase the life time, but they also strive to increase cost of health care. Most patients and doctors also want to have most efficient new technology procedures but the newest treatments are leading to enhance the

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