Essay On Health Care Cost - 942 Words

Healthcare Costs Balancing the budget in government, while attempting to keep costs down by way of the healthcare delivery system makes for shrewd business practices. I will also examine the burden of health care costs on the government and businesses, also at what extent will Americans be able to afford needed care. Today, we are consistently bombarded with the angst to repeal and replace Obamacare the cost for certain diseases still rank high due to the therapeutic dosage of medication that helps to maintain life. Being efficient in the delivery of health care can wound up being costly if people with pre-existing conditions will not be entitled to health insurance without paying too much money. This project will describe trends in the†¦show more content†¦(Federal Government, as an employer, pays the employer portion of the Medicare hospital insurance tax for Federal employees. These payments remain in the Federal sector.)† (1990). Not much has changed except for the newly proposed h ealth care plan wants to put the burden solely on the individual. If so, how much would a person be able to pay for their health care if they’re faced with having an organ transplant, diabetes, or heart disease if they have middle to lower class incomes. Let’s look at organ transplantation, the cost for therapeutic sustainability can be astronomical over time, so this is a cost-effective decision. After three years of having said transplant, the costs will decrease, as long as the recipient maintains the regimented therapies. The trend in costs includes the following: 30 days pre-transplant, procurement, hospital transplant admission, physical during transplant, 180 days post-transplant discharge, OP immunosuppressants and other medications. The total could differ from $29,000 to $1,600,000 depending on the organ being transplanted. Medicare covers the cost up to three years post, after that the recipient is left to their own devices, often resulting in another organ failure because they can no longer afford the immunosuppressants and other medications or sometimes even the doctors visit. The trend of kidney transplants is 16,438 in 2010, 16,313 inShow MoreRelatedEssay On Health Care Cost1270 Words   |  6 PagesThe everyday American is faced with the cost of health care which covers, treats, and prevents illness. Health care costs include and extend into vast areas such as; insurance, medication, procedures, co-pays, medical testing, and more. Currently, the United States is facing sky rocketing health costs, a decline in quality of services, and minimal access to quality and cost-efficient care. In the year 2015, the National Health Expenditure was roughly $3.2 trillion dollars, which equates to approximatelyRead MoreEssay On Health Care Costs1333 Words   |  6 Pagesubiquitously known that US health care costs are ballooning, according to research hospital costs grew around 8 percent a year, on average, between 1978 and 2008. 8 percent might seem a small number but it was double the CPI (4 percent a year) which measures the overall price rises in the U.S. economy (Baumol, 6-7). Furthermore, 17% of United States’ GDP was spent on health care, this number exceeded every other country’s health care spending (Altman and Shactman, 235). These costs are attributed to aRead MoreEssay On The Cost Of Health Care834 Words   |  4 Pagesthat creates a shortage in family practices. These shortages in front line care can then raise the cost of receiving basic care services patients receive and using a simple supply versus demand equation cost for health care increases. 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Dental/ oral health care is important to most people in today’s today world. Since the dental/ oral health industry is very big there are many trends that are arising such as the cost of dental care increase or decreasing, market of the industry and lastly global dental industry. There has always been a large cost on any type of health care that is offered in a country. Whether you are paying it in taxes, directly or through insurance. Dental costs have always been high there have