Health Care Spending
HCS-440

Health Care Spending
Health Care spending in our United States has been growing at an astounding rate. This is growing faster than our national economy for many years yet we see many individuals without sufficient health care coverage. We see a challenge for our personal insurance companies and the insurances from the government, Medicare and Medicaid. In this report we will review some of these issues and see if we can do to revise them.
For many citizens this is not an easy choice between healthcare or everyday living expenses. All health care spending in the United States is projected to grow at an annual average rate of 5.8 percent for the period 2010 through 2020, 1.1 percentage points faster than expected growth in Gross Domestic Product (GDP) (Fleming, 2011).
In 2010, this shows the health care spending in the US is anticipated to grow at an overall rate of 3.9 percent; showing that it is down slightly from a former low of 4.0 percent in 2009. This is caused by the job losses and overall health insurance coverage because of this recession. I did not realize that health care spending today consumes approximately 30 percent more of the state and the local budgets than it has twenty years ago. This caused the government to choose between cutting government insurance services and the raising of our inclusive taxes. Furthermore this would include the insurers from denying people coverage when they get sick, protect our children from denying coverage with pre-existing conditions, there would not be a lifetime cap on coverage. Moreover, require the insurers to allow people to stay on their parents' policies until they turn 26 (Lightman, 2010).
A universal standard fee between insurance companies would be a good start. Medicaid, BlueCross, and to include the Commercial insurance contracts cover the 87 percent of the population under age 65 often base their payments on a modified form of the Medicare RBRVS or use Medicare payment levels as a benchmark (Getzen & Allen, 2007). One cause for our health care rise would be the cost of the insurance for the malpractice lawsuits. Our doctors are more probable to over test their patients, by ordering 1,000 of scans and more than normal colonoscopies, (even if they don't really think they are needed), rather than risk getting sued because they did not do the test and there may be a chance there is something seriously wrong. The reason for the high health care costs is because there is no price competition than in our other trades, such as our consumer electronics. For example, the average emergency room visit was $1,265. If you get cancer, the average cost of chemotherapy is $7,000, but could run as high as $30,000. These costs could wipe out your savings or cause you to lose your home. Even worse, many people would have to decline any medical treatment because they simply could not afford it (Amadeo, 2013). It is sad to me that a child would have to do without treatment or an elderly person would have to make a decision to buy their medication or eat. One or the other would be unacceptable. In November 2010, two weeks before Thanksgiving I was home recovering from a cancer surgery and so thankful I had a job to go back to when my phone rang. It was my boss from my job and she told me she had some good news and bad news. I told her to give me the good news first. She told me I can draw unemployment that I was laid off with 29 other people. After surviving the surgery of a series of five I was to begin my radiation in December 2010. I certainly had no idea