Through history many infectious diseases such as bacteria and viruses had came out to humanity, being this is one of the mainly reason of why health cares were created. In the United States the owner’s system is different as in my home country, Panama. Health care in U.S. is owned by private sectors businesses, while in Panama the government is the one who owns the health cares. Inthe United Sates there is no nationwide system of government-owned medical facilities open to the general public but there’s a local system of government-owned medical facilities open to the general public. This means that the majority of health cares and hospitals are owned by private business and used by people who have medical insurance, while clinics owned by people of low income or lack offacilities uses the government. According to some statistics, 60 to 65% of healthcare provision and spending comes of medical programs, that their primary interest is the health condition of persons. Some of these programs are: Medicare, Medicaid, Tricare and the Children’s health insurance program. Insurance for the public sector is sponsored for the government, while in the private sector peoplebuy health insurance from different types of companies depending on the benefits of each person.
Two years ago, President Barack Obama signed into law the Patient Protection Act and Affordable Care Act (PPACA) on March 23, 2010, which is a comprehensive law that proponents claimed would reduce health costs and at the same time increase access to quality health care for millions of poor Americans.The legislation was designed to address a wide set of concerns relating to provision, delivery, and cost of health care. Some of these concerns were: The high and rapidly cost of health care for those who did have health insurance, the fact that tens of millions of Americans at any given moment were without health insurance, and the inability of many people with preexisting conditions to obtainhealth insurance. (McConnell, Brue, and Flynn 433)
Employing about 16 million people, including about 817,000 practicing physicians, or 271 doctors per 100,000 of population, Health Care is one of the largest U.S. industries. In the United States there are about 5800 hospitals with 951,000 beds. Americans make more than 1 billion visits to office-based physicians each year. (McConnell, Brue, andFlynn 434)
Many countries such as Canada have systems of national health insurance in which the government uses tax revenue to provide a basic package of health care for all residents, either free or at low cost, while in the United States is provided through private health insurance policies paid by employers. In recent decades, the U.S. health care system has suffered from two highly publicizedproblems: Costs and Access. The cost of health care has risen rapidly in response to higher prices and an increase in the quantity of services provided and 46 million Americans do not have health insurance coverage and have significantly reduced access to quality health care. (McConnell, Brue, and Flynn 433)
About 19 percent of each dollar spent on health care is financed by direct out-of-pocketpayments by individuals. The fact that more U.S. health care is paid by private insurance or Government companies is a major contributor to the rising costs of health care. U.S. health care spending has been increasing as a percentage of GDP. Healthcare expenditure absorbed 5.2 percent in 1960 but it rose to 17.3 percent in 2009. Health Care spending, as a percentage of GDP is highest in theUnited States than in every other industrialized nation. It is reasonable to assume that health care spending varies positively with output and incomes, but that doesn’t account for the higher U.S. health expenditures as a percentage of GDP. (McConnell, Brue, and Flynn 436)
Some visible economics effects of rising health care costs are higher health insurance premiums to employers and higher...
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