Impact of healthcare costs

Instructions

The cost of healthcare in the United States surpasses that of any other country in the world. Prescription drug prices are also far higher in the United States. As these costs rise, some individuals will go without needed care or medicine. This has an impact on the general health of the population. In this 3-5 page paper, students will describe the impact these rising costs have had on the overall health of the American population. Students will also describe the impact these rising costs have on employers that provide health insurance for their employees, healthcare organizations, and healthcare consumers. APA formatting and a minimum of 5 professional references must be included. References should be less than five years old in order to reflect current information.

Answer

Impact of Healthcare CostsIntroductionThe healthcare expenses in the United States are reported to have risen drastically over the past significant decades (Kesselheim, Avorn & Sarpatwari, 2016). The country budgets and spends a large amount of money particularly on healthcare annually and this includes spending on nursing facilities, inpatient care, outpatient care, dental care, prescribed pharmaceuticals, and emergency departments. The main factors that contribute to the increasing cases of healthcare costs include more people, unexpected increase in the price as well as intensity of services, an aging population, and an escalation in the use of healthcare services and changes in incidence or disease prevalence. Generally, it is significant for the matter to be addressed and appropri...
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