America's Healthcare Industry

Paper Summary:

This research paper looks at the need for a number of immediate policy changes, regarding healthcare in the US, that will at least help to lessen the detriments of the current healthcare system and economy. The paper first explains that, due to the American healthcare system pricing out so many participants from appropriate insurance, the industry cannot effectively meet its responsibilities to the country. The paper then specifically focuses on the lack of insurance for many young adults who tend to have entry level and hourly wage jobs and explains that this problem is due to the overall cost of healthcare. The paper stresses the immediate need to correct this overwhelming economic burden placed on the public and on companies by the healthcare industry.

From the Paper:

"The problem of a lack of insurance for many is related to the problem of the cost of healthcare. For insurance, medical procedures and prescription drugs, healthcare has been increasing in its cost for the consumer at a faster rate than any other industry. One of the main reasons is the above-mentioned issue of insurance costs, which because of an unwillingness of the government to enforce regulation on monopolistic corporate practices, is a cause for the negative spiral of a rising expensiveness."

Sample of Sources Used:

• Collins, S.; Schoen, C.; Kriss, J.L.; Doty, M.M. & Mahato, B. (2006). Rite of Passage? Why Young Adults Become Uninsured and How New Policies Can Help. The Commonwealth Fund, 20.
• Cummings, Jennifer. (Oct. 27, 2006). About Half of U.S. Adults Lack Confidence in both Democrats and Republicans to Do a Better Job of Addressing Healthcare System Concerns. The Wall Street Journal. Online at <http://www.harrisinteractive.com/news/newsletters/wsjhealthnews/WSJOnline_Health-CarePoll2006vol5_iss19.pdf>.
• Dixon, D.T. (2008). Uninsured Young Adults Taking Big Risk. Injury Board.com. Online at http://bowlinggreen.injuryboard.com/miscellaneous/uninsured-young-adults-taking-big-risk.aspx?googleid=247268
• Draut, T. & Zeldin, C. (2006). Young and Uninsured. Tom Paine. Online at http://www.tompaine.com/articles/2006/05/23/young_and_uninsured.php
• Dunham, W. (2008). Young, American and Uninsured: Number of Uninsured U.S. Young Adults Grows. Common Dreams.org. Online at http://www.commondreams.org/archive/2008/05/30/9313

More papers on America's Healthcare Industry:

• Research Paper # 111255 : "Healthcare Ethics"
• Essay # 66980 : "Healthcare Issues in the United States"
• Cause and Effect Essay # 9115 : "Crisis in the Health Care Industry"

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