The Impact of the High Costs of Healthcare on Public Health

The Impact of the High Costs of Healthcare on Public Health

Introduction

Health care costs in America are increasing noticeably over and are now expected to be higher in near future. Health care costs have badly affected the lives of poor Americans. This study will explain the causes of the increasing costs in America.

The expanding share of health accounts paid by third-party payers (insurance businesses and governments) and the catastrophic penalties are documented. Patients overuse health assets since those assets emerge to be free or nearly free. Producers of health gear conceive new and more costly apparatus, even if they are of only marginal advantage, since third-party payers conceive a assured market. Attempts to rein in those charges have directed to a blizzard of paperwork but verified ineffective in commanding costs. The therapy for the present difficulties is straightforward: the persevering should one time afresh be made the centered player in the health marketplace. Patients require to be granted the identical motivations to economize on health care that they have to economize in other markets. Tax regulations require to be rewritten. The use of health savings anecdotes desires to be promoted. High-deductible wellbeing protection should be encouraged.

Purpose of the Study

The main purpose of this study is to discuss the impact of the high costs of healthcare on public health in America.



Literature Review

US Government-Sponsored Programs

Medicaid also provides direct payments from state and federal governments to providers, often via state Medicaid programs. While Medicaid eligibility is determined at the state level, this program is largely limited to poor, pregnant women, children, and elderly persons needing long-term care assistance. SCHIP generally covers children up to the age of 18 whose families make too much money to qualify for Medicaid but who are still ...