It is conceivable that the United States Healthcare program is the most comprehensive and most expensive healthcare system in the world. This is because there are over 47 million Americans do not have health insurance cover. In America, healthcare is the most consumer of the federal finance in the annual expenses. However, millions of Americans cannot afford health needs. This is an implication that the American healthcare system is in crisis. This essay will provide alternative ways of handling the nation’s healthcare crisis.
First, it is important to consider the high cost of healthcare system in America. It would be better to reconsider eliminating the private health insurance plans and replacing it with the system where payroll taxes would be the ultimate fund for healthcare. The country will have great saves by zeroing out the insurance company profits and lowering the administrative costs. The single payer system will help save close to 20 percent of the healthcare costs. The savings will provide comprehensive coverage to everyone in the country without having to incur extra costs. Containing drugs, costs would also save funds. Such strategies will make healthcare universal and affordable.
Another remedy for the American healthcare crisis is making Medicare to be available for all members of the society. Medicare is a scheme in which the old Americans have universal health insurance cover. The care costs a lot of the federal government money in comparison to private health providers. The rising costs of running the Medicare program, including insurance and drug company profits leads to healthcare crisis. Soon, millions of baby boomers will join the program. This would eliminate private insurers’ roles and insurer everyone; hence containing the medical costs. It will also save the private industry and the public money.
The third way of improving the healthcare system in America is to overhaul the FDA mode of approving drugs, which takes an excessively long process. The bureaucratic process leads to increased costs of medication, which pharmaceutical companies have adapted. Drugs have become excessively expensive with high costs artificially. The government imposed delays create an annual cost of approximately $40 billion. Few people in the country can afford the high cost of drugs; hence driving the insurance cost expenses high for drugs. This will also eradicate the denial of medicine to those who actually need it due to the delays in delivery and the high costs.
The fourth remedy of the healthcare crisis in America is in the management. The country has focused on increasing the quantity of healthcare funding and provision, and may lead to wastefulness, and harmfulness because of misappropriation. Paying attention to the quality of healthcare is not a luxury to be imposed to Americans. This is the reason why the provision of healthcare is not cost effective and has never been equitable. The management of the healthcare system should be intervened in order to make the appropriation better than the way it is. This will help in making the healthcare better, and the Americans will understand the healthcare system. Organizational changes aimed at improving the quality of healthcare can also be implemented to rescue the situation.
Another way to improve the healthcare system in America is through setting legal standards for health care. This can be through accreditation, recertification of knowledge to the healthcare providers and managers, administrative regulations and accreditation. These procedures will help in controlling entry into the practice, and will ensure that the healthcare providers have the most updated knowledge in their field of practice. Investment in healthcare providers is one of the best ways of improving the system.
Deregulation is another solution to the problem facing American healthcare system. This will reduce the problem of high cost without reduction of the quality of services provided. It will increase accessibility. Healthcare regulations cost America approximately $169.1 billion higher than the benefits accrued. This reduces the availability of drugs and care, at the same time increasing the insurance cost and prices of basic drugs.
Solving The Healthcare Crisis Critical Thinking Examples
Type of paper: Critical Thinking
Topic: Drugs, America, Insurance, Discipline, Money, Health, United States, Government
Pages: 3
Words: 650
Published: 01/19/2020
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