The United States of America is considered to be an industrialize nation with many opportunities for its population to achieve happiness and fulfillment of life. However, with this idea comes a growing problem that the public has failed to recognize. The problem is the alarming rise in health care costs. The public needs to be made aware of this issue because it infringes on the ideas of happiness and fulfillment of life. The startling fact is that the United States spends about two times as much money on health care costs as any other industrialized nation in the world ("Americans spend," 2014). According to the Organization for Economic Co-operation and Development (OECD), the United States spent $8,745 per capita compared to the average
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112). Yes, it is nice to discover new ways to help solve medical health issues, but at what cost to the American public. The United States develops the technology and other countries utilize this technology with no kickbacks to the United States for the new development. In fact, other countries, such as Japan, implement the new medical technology at a much cheaper rate with better outcomes because of less administrative costs. The simple fact of the matter is the United States is spending more there their GDP. Therefore, there needs to be a cut in research and development funding, so that we can help curtail the rising costs of health care in this …show more content…
The fact of the matter is that it takes money to build hospitals, but there is a need to build the hospitals in communities that need access to a medical facility. One such area is in the rural farming community. There have been concerted efforts to improve access to health care by holding fairs within the community, but no commitments to build smaller hospitals in the area. Often times the rural population do not seek immediate treatment for their health ailment because of the long drive to a health care facility. Unfortunately, this leads them to become more sick, then they would have been had they not seek early treatment. In turn, this causes the individual to have a higher level of care, which leads to more money being spent on health care. Therefore, if the medical facilities are built, it will eventually lead to a savings on the money spent in health care. Furthermore, the consolidation of current hospitals, in larger communities, has led to an increase in costs associated from the hospitals by over 20% ("Facts rising," n.d, p. 8). The rise in cost from the hospitals involves the basic principle of supply and demand. The demand is high for a product (health care services), and the supply (hospital) are lower, so the cost of the product goes up. The United States does not need to consort to reducing hospitals, but actually increase the amount of
112). Yes, it is nice to discover new ways to help solve medical health issues, but at what cost to the American public. The United States develops the technology and other countries utilize this technology with no kickbacks to the United States for the new development. In fact, other countries, such as Japan, implement the new medical technology at a much cheaper rate with better outcomes because of less administrative costs. The simple fact of the matter is the United States is spending more there their GDP. Therefore, there needs to be a cut in research and development funding, so that we can help curtail the rising costs of health care in this …show more content…
The fact of the matter is that it takes money to build hospitals, but there is a need to build the hospitals in communities that need access to a medical facility. One such area is in the rural farming community. There have been concerted efforts to improve access to health care by holding fairs within the community, but no commitments to build smaller hospitals in the area. Often times the rural population do not seek immediate treatment for their health ailment because of the long drive to a health care facility. Unfortunately, this leads them to become more sick, then they would have been had they not seek early treatment. In turn, this causes the individual to have a higher level of care, which leads to more money being spent on health care. Therefore, if the medical facilities are built, it will eventually lead to a savings on the money spent in health care. Furthermore, the consolidation of current hospitals, in larger communities, has led to an increase in costs associated from the hospitals by over 20% ("Facts rising," n.d, p. 8). The rise in cost from the hospitals involves the basic principle of supply and demand. The demand is high for a product (health care services), and the supply (hospital) are lower, so the cost of the product goes up. The United States does not need to consort to reducing hospitals, but actually increase the amount of