...Health Care Spending Sheilah Schmidt HCS/440 July 21, 2014 Marcia Smith Health Care Spending Health care is rising rapidly. Health care spending is a serious and major issue that needs more focus and stability. In 2009, the gross domestic product (GDP) rose to 17.6% and reached $2.5 trillion. The United States spends thousands of dollars per person for health care. People treated and diagnosed for chronic conditions, and obesity rates are still at large. The current health expenditure for the United States is 15.7% in Gross Domestic Product (GDP). Hospital care, physician and clinical services are responsible for half of the national health care spending increase between 2005 and 2009 (Understanding U.S. Health Care Spending, 2011). If nobody takes action, bankruptcy may be present. Further readings will explain the level of current national health care expenditures and whether the spending is too much or not enough. Further readings will also address where the nation should add the cut; how the public’s health care needs are paid for; and the future economic needs of the health care system. Current National Health Care Expenditures In 2012, the United States spent $2.87 trillion on health care (Management, 2013, p. 1). In 2013, the United States spent $2.9 trillion on health care which is a 3.8% increase. According to Emanuel (2013), the United States spent more than the French and German economy. Health care spending is a big issue in the United States than in any...
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...Health Care Spending Jackie Shaw HCS 440 December 19th 2011 Health Care Spending The United States spends more on health care than any other country in the world. The current level of national health care expenditures is astounding. “In 2011, the anticipated total of health care government spending in the United States is 1108.2 billion dollars” (Chantrill, n.d.). Over the years the total of health care spending has increasingly amplified; in 1996 $396.78 billion was spent on health care in 2000 $469.80 billion was spent on health care, and in 2009 $989.65 billion was spent on health care (Chantrill, n.d.). Between 1996 and 2009, a period of 13 years, health care spending increased $592.87 billion dollars. In the following I will discuss the level of current national health care expenditures, whether spending is too much or not enough, where the nation should add or cut funds and why, how the public’s health care needs are paid and the future economic needs of the health care system. The level of current national health care expenditures The level of national health care expenditures is considerably high in comparison, to any other country in the world. “Health spending in the United States is much higher than in other countries – at least $2,535 dollars, or 51% higher than Norway, the next largest per capita spender” (Kaiser Family Foundation, 2011, para. 3). In addition in 2009 the United States spent more than 17% of its gross domestic product on healthcare, which...
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...Health Care Spending in the United States Lisa Patti HCS/440 April 23, 2012 Caryn Callahan Introduction Heath care in the United States is costly and confusing. Many do not follow the facts, policies or cost the government has controlled in health care. This leads to obtaining the incorrect insurance that causes high out of pocket expenses to choosing no health insurance at all. In today’s society many cannot afford health insurance, in 2010 49.9 million people in the United States were without health insurance (Overview of the Uninsured in the United States: A Summary of the 2011 Current Population Survey, 2011). The issues that will be discussed are the level of current nation health care expenditures, whether spending is too much or not enough, where the nation should add or not, and why, and how the public’s health care needs are paid for and financed by various payers. The current level of national healthcare expenditures U.S. health care costs have risen rapidly in the past few years, imposing increased stress on families, businesses, and public budgets. Health spending is increasing more rapidly than the economy and workers' earnings. In recent years, insurance administrative overhead has been rising faster than other components of health spending, while pharmaceutical spending has increased more rapidly than spending on other health care services (The Common Wealth Fund, 2007). The national health care expenditure is a total amount spent in the United States...
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...Health Care Spending Paper HCS 440 October 30, 2013 Health Care Spending Paper In the United States about 44 million people do not have health insurance. 38 million Americans have inadequate health coverage (PBS). The level of current national health care expenditures increases every year. Is this spending on health care too much or not enough? Where the United States should add or cut from, and why. How the public’s health care is paid for and who pays. The current level of expenditures of the nation’s health care is presently at $2.1 trillion. This translates to $7,026 per person, and 16% of the Gross Domestic Product (ajronline.org, 2008). Hospital spending accounts for 31%, which is over the national health care expenditures. Physician expenditures are at 5.9%, and this is presently lower than the general expenditure amount due greatly to the 2% Medicare fee for physicians. Medicare Part D is at 19% and caused a quick rise in prescription drugs. Due to the high rate of individuals that joined the Medicare Advantage plan, administration fees were at 8.8% which grew faster than the overall. Due to the vast number of people enrolling in Medicare Part D, Medicaid shrank for the first time in history. The spending with health care is very high, and continues to climb. This means that the growth rates in health care persist to surpass the overall Gross Domestic Product, and will eventually exceed other spending. The national health care expenditures will not be supportable...
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...Health Care Spending The current health care expenditures raise the eyebrows of many Americans in the United States because of the increasing costs of health care services. Government officials are taking steps to consider the medical needs of Americans. “Health expenditures in the United States neared $2.6 trillion in 2010, over ten times the $256 billion spent in 1980” (The Henry Kaiser Family Foundation, 2012, para 1). For Americans to understand the spending of health care, this paper will consider the current national health expenditures, if the spending is too much or not enough, where the nation should add or cut costs, and how the public receives payment for health care needs. In addition, the paper will provide a forecast and the importance of the future economic needs of the health care system, and envision how the needs of health care will receive financing. Health care expenditures are not only a burden for people but also are an overwhelming thought for the government to consider a health care reform. The impact of the recession caused many Americans to consider other ways to afford coverage for medical expenses and with the growing changes of the economy, Americans placed concern on health care spending and if it is affordable (The Henry Kaiser Family Foundation, 2012). According to the Henry Kaiser Family Foundation (2012) states, “Since 2001, employer-sponsored health coverage for family premiums have increased by 113%, placing increasing cost burdens...
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...Health Care Spending P1 Health Care Spending No name HCS/440 April 16, 2012 Health Care Spending P2 There are trillions of dollars spent on health care spending in the United States. This dilemma of possessing to spend trillions of dollars on health care leads to numerous problems with the government. There have been many issues that make the health care spending rise with people having no health care insurance being one. For instance, not having health care insurance leads to people going to the Emergency rooms for minor illnesses. The Emergency rooms does not require payment at the time of the visit that leads to many non-payments for the hospital. This issue has been a problem for many years and will continue to be a problem. Maybe one day the government will decide to address this and other problems and make changes accordingly. The problem that will discuss...
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...The Health Care Reform LaNette Hardy HCS/440 November 28, 2012 Facilitator : Thomas Kehoe The Health Care Reform The United States Healthcare reform went under transformation with the changes of Presidents. During the year of 2009, changes were made when our country begin to face difficulties in the financial deficit, which the country still today experiencing. It will explain that the level of the National Health cares spending that was impacted whether it was for the good or worst. It also gathers the total expenditure percentage. The economic of the future of the expenditures is explained to be at a percentage that is represented. The National Expenditure level of the Healthcare in the United States in 2010 was in the round or about $ 2.6 trillion of the Healthcare expenditures .During the time of 1980 the Healthcare expenditure gradually spent over ten million dollars which was approximately stated to be $256 billion. So with the over spending the nation would be explained whether the there should be and cut and or why it was needed.(Expenditures Data, January 2012). A forecast of the health care system in the future economic has a need. The future according to the Health care spending, 2008 It has been predicted that the forecast will have a growth in a faster rate in the nation. During the earlier years the rate had begun to rise in the year of the 1900's and early 2000's the growth rate had slowed down tremendously. (Health care spending...
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...Health Care Spending Does one know about health care spending and heath care expenditure in the United States? Health Care spending in the United States comes from several sources such as physician service, patient treatment, prescription drug treatment, administration cost, Medicare, Medicaid and hospital spending, These sources are just a very few of the sources of spending on healthcare in the United States. On March 23, 2010 President Obama passed the healthcare reform bill to help citizens with receiving affordable healthcare. Even though health care spending has improved over the years, health care is something that everyone needs and there is a possibility that this could change over the years to come. According to Santiago (2009), the goal of healthcare reform is to make healthcare more accessible and available to American citizens. Currently, the national health care expenditures are at a struggle but yet continue to grow. According to Foreman (2011) National health expenditures reached $2.1 trillion in 2006, after further revisions and a 6.7% increase from the previous year. This translated into $7,026 per person and 16% of the Gross Domestic Product (GDP) (Foreman, 2011). These expenditures include but are not limited to those sources such as physician service, patient treatment, prescription drug treatment, administration cost, Medicare, Medicaid and hospital spending. The Obama Reform is a reform that has been transmitted to make healthcare available...
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...adopted the system of Universal Health Care, including Europe, the powerhouses of Asia, Australia, Canada, and New Zealand. The United States (U.S.) is not one of them. Funded through taxes and run by the government, health care proves vital to all countries across the world. Unlike other first world countries, the U.S. falls behind in attempts to providing a single-payer health system, a type of Universal Health Care. Health care affordability continue to drastically decrease for United States citizens, becoming less affordable due to its high costs. Other first world countries are able to provide their population with adequate amounts of medical attention without the high expenses like the current system...
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...Health Care Economics and the Uninsured School of Nursing Health Care Economics and the Uninsured The United States health care system is a large and complex structure organized to deliver health care services to the country’s residents (Maurer, 2013). The system is not systematically organized, but is the result of the interrelationships between numerous influences such as culture, consumers, epidemiology, health professionals, governmental policy, technology, and economics (Maurer, 2013). Due to the various, and, often conflicting, interests on the U.S. health care system, large disparities exist in the delivery of health care to consumers. In fact, according to Maurer (2013), “the consumer is the most vulnerable component and is the most likely to be hurt by ineffective functioning of the system” (p. 63). Because of the ineffectiveness of the current system for so many Americans and the disparities that exist among consumers, the American Nurses Association [ANA] (2008) described the current U.S. health care system as “in a state of crisis” (Executive Summary, para. 1). For many Americans, the major obstacle preventing them from receiving quality and reliable health care is a lack of health insurance (Agency for Healthcare Research and Quality [AHRQ], 2012; Maurer, 2013; Kaiser Commission on Medicaid and the Uninsured [KCM&U], 2012). More specifically, the way our health care system is financed, a piecemeal approach of...
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...Health Care Spending HCS/ 440 Health Care Spending In our society today, heath care is one of the top major concerns within the United States. Many individuals do not always agree with the decisions made for health care, the more concerned issues are the increase and where the money will be coming from to pay the costs of increase. Patient’s costs has doubled more in the U.S than any other country along with leaving some people without health care. This paper will discuss health care expenditures, as well as spending is too much or not enough. This paper will also discuss whether or not the nation should add or cut in certain areas and why. How the public need for health care are financed and the percentage of expenditures they represent. Lastly, I will provide future economic needs of the health care system along with reasoning for addressing these needs, and envisions for financing these needs. The spending for health care uses a great deal of the economy revenue, the national studies that have been completed within the past decade clearly shows many U.S citizens will have to make decisions that are disconcerting based on their ability to obtain affordable health care. As health care cost has been on the rise for many years. The expenditures in the United States to health care rose above $2 trillion in 2008. This has affected many families and businesses as well as the budget for the public. Health care spending cost are increasing at a more rapid rate than the economy...
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...Name: Elise Perkins Phone: 773-241-**** E-mail: *********@rocketmail.com Health Status and Health Care Services in the United Kingdom with comparison to the United States HSM310 Introduction to Health Services Management Course Project Date submitted: 11/29/2015 Table of Contents Executive Summary………………………………………………………………………………………………. 3 Population and Health Status………………………………………………………………………………………………………………... 3 Demographic characteristics of population Mortality, Infant mortality data, causes of death Other data of health status Related information (such as on quality if life); analysis Availability of Health Services………………………………………………………………………………….. 4 Basic organization/general description of services institutions, providers of care Issues related to access Utilization of services (data, if available) Other related information/analysis Expenditures………………………………………………………………………………………………………. 5 How are health services paid for; any roles for the government here Data on total expenditures Other related information/analysis Macroenvironmental influences on the health care system……………………………………………… 6 Political Socioeconomic Cultural Technological/Other relevant influences Summary comments…………………………………………………………………………………………….. 7 Problems Opportunities Other related comments regarding this country's health care services Comparison to the United States: what works better, what is not working as well Concluding comments: Lessons...
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...The focus of health care in the United States can be a touchy one. It is an area that the population sensitivity does not always arrange in a line with the facts given by the people who make the policy. The certain thing that makes healthcare spending so indecent is the amount of money the United States discharge into health care every year. There is over a few thousands of dollars for each patients every years cost, which the amount that has more than double any of the other nations. Up till now about 25% of the American population has no health care insurance because of the lack of any form of worldwide health care. In spite of all this money spent, good organization in the United States system is well below that of its peers. The arrangement of this paper is in support for health care expenditures in that it is essential for the American population. The current level of national health care expenditures has risen quickly in the last 10 years, impressive greater than ever stress on families, businesses, and the public budgets. The spending of health care has risen more rapidly than the economy as a whole and quicker than the worker’s earnings. The spending has been too much over the past few years. United States has spent about 19% of its gross domestic product (GDP) on the health care in the United States, measure up to with the 10 to 12% in a lot of the other major manufacturing nations. The growth in the health care spending will e an ongoing to outpace GDP over...
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...STATE of MARYLAND STATE HEALTH CARE EXPENDITURES Experience from 2002 Released January 2004 Donald E. Wilson, M.D., MACP Chairman Donald E. Wilson, M.D., MACP Chairman Dean, School of Medicine Vice President for Medical Affairs University of Maryland Residence: Baltimore County George S. Malouf, M.D., Vice Chairman Ophthalmologist Residence: Prince George’s County Walter E. Chase, Sr. Retired Police Chief of Easton, MD Residence: Talbot County Ernest B. Crofoot AFL/CIO Residence: Anne Arundel County Larry Ginsburg Service Employees International Union Residence: Baltimore County Jeffrey Lucht Aetna Health, Inc. Residence: Howard County Robert E. Moffit, Ph.D. Heritage Foundation Residence: Anne Arundel County Robert E. Nicolay Retired Business Owner Residence: Carroll County Debra H. Risher President and Owner Belair Engineering & Service Co., Inc. Residence: Anne Arundel County Constance Row Partner, Row Associates Residence: Harford County Stephen J. Salamon Heritage Financial Consultants, LLC Residence: Baltimore County Clifton Toulson, Jr. U.S. Small Business Administration Residence: Prince George’s County Marc E. Zanger President and CEO CBIZ Benefits and Insurance Services of Maryland, Inc. Residence: Allegany County STATE of MARYLAND STATE HEALTH CARE EXPENDITURES Experience from 2002 Released January 2004 Donald E. Wilson, M.D., MACP Chairman Acknowledgements This report required the assistance of many individuals and offices in state government...
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...Health Care Spending Policy Health care spending continues to rapidly rise in our nation and shows no means of slowing down in the near future. Health care in our nation is labeled as a crisis because the cost of care is steadily outpacing the economy which puts a burden on families, businesses, and the public. The cost of care is rising at a rate that will exceed the average income and cause devastating effects on the public because of the inability to afford care. This issue brings tremendous stress to families that are working to survive in our nation and have to worry if they are financially able to afford care if needed. The health care expenditure data for our nation must be examined to identify where we can safely provide cuts to the cost while continuing to provide quality care. An important aspect of cutting costs is identifying how the public pays for the services they receive and the percent of total expenditures they represent. Health care spending is a crisis in our nation and steps must be taken to alleviate this issue. The future must also be considered because health care is an important aspect of any country. A forecast of the future economic needs of our health care system is important to identify because this issue will not go away if we do not take action. Our nation must work together to establish a more efficient and effective health care system. Initiating effective policies are the way to address the growing concerns of healthcare spending. ...
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