Summary: The Rising Cost Of Healthcare

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The rising cost of healthcare is one of the greatest economic, fiscal, and moral challenges facing the United States (Rother, 2016). When a patient arrives to the emergency room or their doctor’s office, the doctor focuses on ordering the correct tests to find the source of the problem. The patient wants to feel better, and the doctor is responsible for providing a service. Neither party is focused on the cost of the tests. The patient has no idea of how much service will cost until the insurance company has processed all claims.

I think there are separate models in the healthcare systems to forecast the cost of healthcare for each model. Cost allow for each sector to properly plan. Decisions have to be made on cost- saving strategies. Insurance

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