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Posted: December 1st, 2022

Analysis of the rising costs of health care in the United States

Analysis of the rising costs of health care in the United States
Health care costs have continued to rise in the United States over the last decade, increasing pressure on middle and lower classes of society and further burdening the public health system. The first major reason for the rising health costs is the technology and the increasing need for improved technologies to alleviate symptoms and problems related to diseases and other health problems. For example, installing electronic databases for healthcare facilities, clinics, and hospitals has cost thousands of dollars to taxpayers and government agencies, as well as burdening hospitals with thousands of dollars in debt (CDC, 2015). The second major reason is the administrative and hospital fees associated with the tightening of administrative protocols and state and national requirements. Hospital fees vary from the fees charged for patent maintenance to the personnel and legislative fees payable by the hospitals offering the ongoing care. In addition, total hospital costs in the US cost taxpayers up to $ 84 billion a year, and this figure continues to rise as the population grows and unemployment increases. Public programs such as Medicare are also expensive and cost the taxpayer and the public sector more (AHIP, 2015). Another reason for the rising health costs is the worsening health of American citizens and the emergence of new and more chronic health conditions. For example, over the last 20 years, HIV has become a major life-threatening disease that has cost patients and taxpayers billions of dollars (Merhar, 2014). Spending on health and disease research also increases health care costs. Such diseases as Ebola and other large viruses also require fast medical solutions at a high cost. The three main groups affected by rising health costs are the payer, the care provider, and the patient. These three groups are affected in many ways by high healthcare costs. The payer is experiencing rising taxes and healthcare costs associated with his or her own private or publicly funded health care (CDC, 2015). They will continue to struggle to pay for the increase in health taxes and bills. Suppliers such as a health fund or insurance company are experiencing a decline in revenue and capital due to rising healthcare costs as fewer people take out insurance. Fewer people will tend to take out private insurance. The patient also faces financial difficulties with rising healthcare costs, forcing him to postpone surgery or surgery or to take out insurance (Appleby, 2012). This can lead to a deterioration in health and put more pressure on the system to alleviate symptoms and problems associated with illness and a poor lifestyle in the American population. Insurance providers seek to control healthcare costs by registering with providers who do not provide comprehensive care or by limiting their reach and influence in insurance companies. In many cases, they may refuse to register with insurance or healthcare providers if the costs are too high. This leads to lower health care and a further burden on the American public health system (CDC, 2015). Suppliers are trying to control rising healthcare costs by offering customers reduced offers or alternatives that benefit their customers rather than their own interests. They try to pursue strategies that bind their existing customers and this can lead to lower revenues (AHIP, 2015). Patients can control their healthcare needs by improving their lifestyle and health and avoiding the need to attend medical appointments (CDC, 2015). By exercising and maintaining a healthy diet frequently, patients receive a higher level of health, reducing their need for surgery or hospital care and reducing the associated healthcare costs. This relieves the burden on the public and private healthcare system and can positively influence other components of the healthcare system, such as providers and payers.

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