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The Impact of the Financial Crisis on the Health Care

   

Added on  2021-02-03

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Data Science and Big DataTeacher DevelopmentPublic and Global HealthHealthcare and ResearchPolitical Science
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Running head: HEALTH CARE FINANCIAL CRISIS IN THE US1Health Care Financial Crisis in the United StatesStudent’s NameInstitution Affiliation
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HEALTH CARE FINANCIAL CRISIS IN THE US2Health Care Financial Crisis in the United StatesINTRODUCTION Currently, in America, there is a significant crisis in primary healthcare of the citizens. Most people find it relatively challenging to access either the doctors or the dentists whenever they are in need including that individual that has been covered by the insurance policy, and thus resulting into the worsening of the ailment and others may be forced to be admitted in costly hospitals(Benatar, Gill & Bakker, 2011). Many criticize that the American healthcare system wastes billions of dollars on expensive care which could otherwise be avoided by initiating a robust and reliable primary care system. Most of the healthcare professionals believe that having reliable access to high-quality primary healthcare is a significant element in the healthcare sector that seems to enhance the quality of health of the people. As a result, over 1500 community health centres have cropped up throughout the U.S. with an estimated 10,000 delivery sites that provide health services to the American citizen daily. Moreover, Legislation which was introduced in 2009 significantly expanded and has continued to facilitate the operations of the community health centres as one of the portions of the Affordable Care Act. A recent Wall StreetJournal article earlier estimated that health care costs are likely to escalate by over 20% of gross domestic product (GDP). Health care costs have been unstable in the U.S. for decades and are one of the major concerns for both the government and the public. For instance, in 1969, President Richard Nixon proclaimed that the country was facing a crisis in the health sector, and there was a need to breakdown the healthcare system. And this has been the same case in most of the administrations. According to the Centers for Medicare and Medicaid Services (CMS), Regardless of the several efforts put by the governments, the national health expenditures had
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HEALTH CARE FINANCIAL CRISIS IN THE US3dramatically increased from 6.9% of GDP in 1970 to 18% in 2016. With the continued health care crisis in the U.S., the country is like to experience several factors which include: the value-based purchasing, consumerism, use of innovative new technologies, and a host of other initiatives implemented by the several administrations currently and in the future; The health care sector is bound to collapse in the near future and again, there is a likelihood of the continuity to try and fight the looming crisis in the health sector. Immediately the Medicare and Medicaid attracted the operations’ National Conference on Health Care Costs was launched.Health care service is like any other and Americans expect cost transparency in order to make transparent choices and maximize value. However, in America, health care quality is uneven. 'There are very high costs with less involvement by the lawmaking innocent Americans suffer exploitation' (Steves). America’s issue with health matters because it means hurting consequences to the citizens who can do nothing but wait for a bill for equity to be due. Speakingfrom a general point of view, most European countries finished the fight for affordable healthcare a decade ago. In research by JP Griffin Group, a decade ago saw European countries adopt a health care system with one goal in mind: 'to ensure that every citizen has access to essential health services' (Steves).Given that America has been around for as long as Europe has been, America is still fighting for affordable health care while Europe finished its fight a decade ago. For most of its battle, America has tried every possible event they have landed on to regulate the healthcare system of the country but to some extent, failed. This particular research focuses on the health care financial crisis in the U.S. The Purpose Statement
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HEALTH CARE FINANCIAL CRISIS IN THE US4The purpose of this specific paper aims at highlighting issues regarding health care in America. The research paper empathizes on highlighting the current health care crisis in the U.S. and beyond its borders right and illustrate more on the problem of health care.RESEARCH QUESTIONS The survey questions emphasize on the healthcare crisis in America. The questions are connectedto the health care issue and how the health care system to address the ever looming financial crisis in the sector and control of the various health care strategies. The research questions assessthe link that exists between the health practitioners and the patients.1. What are some of the health care strategies in the U.S.?2. What are the plans for enhancing health care in America?3. How has the U.S. government policies impacted on the health care system?LITERATURE REVIEWWhy Affordable Healthcare is an Issue in the U.S.According to a recent study by The Commonwealth Fund, the U.S. comes last in a surveyof 11 countries' healthcare systems (Schneider et.al 2014). In this study, the performance of the overall industry is measured from five factors such as; administrative efficiency, care process, equity, outcomes, and access and in four out of five elements, the U.S. takes position 11. Affordable healthcare is an issue in the U.S. because even the Legislation cannot get an e grip of the system, and this has seen the scheme grow to become more expensive and less accessible to common citizens. The issue of affordable healthcare becomes much of a big problem because one of the richest countries in the whole world has high-quality doctors with excellent hospital
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