Cost Of Health Care Essay

We can see legislation on health care matters as we go into this week’s discussion. It is in the news and brought back into the spotlight the cost of health care. There are several factors that lead to increasing health care costs. In the end, each system has to have a way to control the costs associated with health care. There are a few major factors the lead to the increase in health care cost. Over the years the cost of health care has been on the increase for several reasons. One of the biggest reasons health care costs have risen is because we are paying our medical providers to do more work, not be efficient in their profession (Appleby, 2012). For this reason, if doctors can double the amount of people they see they can potentially double their profits. To counteract this, doctors should be paid by their performance when dealing with …show more content…
First, the amount doctors are charging should be set on a predetermined rate based on what they provide. To visit your primary care doctor it costs roughly two hundred dollars per visit (2015). If insurance companies can reduce the amount they pay doctors it will directly relate to how much the individual has to pay for insurance. At the same time, the insurance cannot reduce the amount they pay and require the person to pay more out of pocket. This is an issue that has to be handled by how much the doctor is charging initially. Another way that would help reduce the cost is the amount of studying it takes to get a new drug to market. Currently it takes roughly 12 years to get a new drug to the market (n.d). If the Food and Drug Administration can cut that in half it can potentially cut the cost in half. Along with this very long time, a large amount of drugs never make it to human testing. There might be a large amount of criticism by the ways to reduce health care prices, but some action has to be