Sarah Darley ECON 204 Gebhardt Assignment 1 Part 1: The Gross State Product (GSP) in California in 2012 was $2,125,717 million, which then increased to $2,202,678 million in 2013. The change in GSP for the state of California was increased by $76,961 million between these two years. Compared to Colorado, the GSP of California is extremely high.…
Journal Entry 2 – Economics – By Kyra Cameron This article by Ian Austen is about explaining the damages caused by the fires in Fort McMurray, Alberta to the Oil Sands industry, leading to a negative effect on the Canadian Economy. During the fires in Fort McMurray many oil companies slowed down or stopped pumping oil and production stopped by approximately 1 million barrels a day. With oil being a major industry in Alberta, overall output dropped by about 40 percent due to the decrease in production. Not only is Canada at a loss for production, but the government is expected to pay for 90% of the repairs in the oil industry caused by the damages of the fire.…
One of the most debatable topics that is challenged today is the issue of healthcare. Although the United States has been trying to provide healthcare for all, the United States fails to supply all of its citizens for insurable healthcare compared to other countries. Compared to the illusion of majority citizens having health insurance, in reality 43% of low income Americans went without medical care due to cost, compared to the range of 8% in Britain and 31% in Switzerland in 2016 (Fox). Today, there are 28.4 million people in the United States who are under the age of 65 that are uninsured (Health Insurance Coverage). Workers who can not afford health care live day by day making enough money to support their family and can not afford a day…
With America’s unstable health care system, there can be terrible repercussions from citizens being unable to obtain proper treatment. Sick: the Untold Story of America 's Healthcare Crisis-And the People Who Pay the Price by Jonathan Cohn investigates the history and impact America’s healthcare has had on various people around the United States. There are ten stories that showcase how the lack of a decent support system in health insurance can have big consequences on a person’s life. I think the book is good for any student or scholar who wants a look into the pro-universal healthcare point of view, but not for an objective idea of health care reform. Jonathan Cohn is a senior national correspondent at The Huffington Post.…
American’s current health care system has become one of the nation’s leading controversial nuisance. The Affordable Care Act (ACA) was originally created with morals of assuring every American individual’s right to attain health care regardless of financial circumstances or pre-existing conditions along with government support if needed. Unfortunately, amongst the fabricated promises of security and assistance, this fragmented system impels families to remain uncomfortable and stressed. The additional costs and hidden fees that are woven into health insurance contracts are becoming increasingly more unbearable with every passing year. Our health plan options are seemingly appearing less like decent choices and more like mandatory commitments.…
With the inauguration of President Barack Obama in 2009, one of his primary goals was expanding health insurance. Although this drew praise from Democrats, Republicans were very concerned about the potential creation of a welfare state. Thus, the fight to implement the Affordable Care Act became a long, drawn out battle that it still being debated today. The concerns over government intervention, effectiveness, and solvency both explain why it was so difficult to pass the ACA and why it is difficult to pass social programs.…
In 2010, The Affordable Care Act, commonly known as Obamacare, was implemented across the United States to address the foremost issues in today’s Healthcare. These problems include lack of accessibility to quality healthcare, growing cost of care, and quality of care. While the affordable care act addresses concern of access to care for the underprivileged, it creates other new complications regarding cost and quality. Obamacare has succeeded in making care more accessible and now millions of Americans are now newly insured under government subsidized healthcare exchanges. However, the cost of care for those previously insured from either their employer or privately has increased dramatically.…
Over the past few years, the accessibility of healthcare has become a very personal issue to me. My family is just above qualifying for subsidized health insurance, but right below being able to afford our own. We neglect our health and wellbeing because there is little we can do about choosing between paying our bills to keep a roof over our heads versus seeing the doctor for chronic health issues that can be alleviated (but not truly resolved) with a bottle of aspirin. While I do not have a regular primary care doctor, I am fortuitous enough to be able to have access to an affordable, nearby clinic. Having experienced years of debilitating periods, the knowledgeable workers of Planned Parenthood quickly addressed my problem and provided me with information about the most affordable and effective options available.…
Part I: Medicaid Reimbursement: Cost of Patient In the healthcare industry, everything is expensive; from medication, technology, and treatments that cost from hundreds to thousands of dollars. This have caused a stressful mental breakdown and burden by the charges and bills. For example, my mom surgery cost $25,000 total; surgery, medication, and three night stay at the hospital. Medicaid and its’ reimbursement program have cover majority of the bill.…
I decided to do the last reflection paper on Sick Around America because I am curious to why there still is problem of paying for affordable health when so many people in the US continue to suffer and die because of it. I would just have imagined by this day and time that someone would have come to a proposed solution so that everyone could afford some type of medical care for problems that they suffer from. It just put me at awe when these insurance companies like Blue Cross Blue Shield do and do not do when for one of their customers when one of them has a major medical problem that needs attention. It seems that most of the insurance companies only are concerned about the largest amount of money that you can pay them and the least amount of money that the company would have to pay out…
Before 2010, millions of Americans suffered from the issues of not having health insurance. The Affordable Care Act, also known as Obamacare, was signed into law with high hopes of reducing the number of uninsured by making health insurance available to all U.S. citizens regardless of having an employer or not and living with a pre-existing condition while reducing additional healthcare spending outside the deductibles and premiums. Even with the best intentions to solve the problem of uninsured Americans, another problem surfaced from the Act, the cost. Since the current Federal Health care system burdens millions of Americans with unaffordable cost, which are caused by rising prices in pharmaceuticals, hospital care, and inadequate health…
Have you ever been afraid of getting sick? The fear lies not so much in the illness so much as the cost of the treatment. As you may well be aware of, the healthcare system in the United States could use some reform. That is what many believe anyway. Those who do not get their healthcare via health plans through their work inevitably have to pay for health care through more standard means, myself included.…
In “Justice and High Cost of Health Care”, Ronald Dworkin takes a broad view of health care and addresses how much should be spent and how it should be distributed among society. He argues that we should approach health care allocation using his “prudent insurance” model as a guide. By making us sensitive to the financial balance between health care and other goods, Dworkin explains why his model is superior to the traditional “rescue principle” which definitively places life and health above all other values. His insurance scheme seeks to replace this flawed convention with an economically sustainable, and more importantly, just solution. After explaining the main tenets of Dworkin’s argument, I will draw attention to its major flaws and…
The right to affordable health care is as sacrosanct as the right to be free, if not more. The most important issue is making medical care a right for everyone at an affordable price. American health care has an insurance-based system; thus, to get affordable and efficient medical help, you should be insured. Currently, there are about 44 million uninsured Americans. According to Elizabeth Bradley, the author of the book The American Health Care Paradox, the paradox of today’s system is that “United States spends so much on health care but continues to lag behind in health outcomes” (33).…
Health care reform is one of the most controversial topics in the United States because so many people in the country cannot afford health care or may not have the right amount of coverage for certain conditions. The health care system is flawed in that it produces financial and political displeasure in Americans because of expensive plans and rejection of Medicaid expansion to politically break the Affordable Care Act (“ObamaCare”). Health care reform would be a positive change in this country because it will improve the issues of unreliable health insurance plans, the absence of healthcare awareness educators, and expensive healthcare for seniors. By the year 2015, it will be mandatory that all citizens of the United States have health insurance…