Paper Summary:

This paper details the current crisis concerning health care and health costs as well as public and government concern regarding health maintenance organizations (HMOs) and "regular" hospitals. The writer of this paper delves into the escalating cost of health care due to advancing technology and pharmaceutical research. This paper also discusses the services and care offered by both health institutions.
Topics covered in this paper include:
Cost of Care
Technology as a Cost-Increasing Factor
Costs of Maintaining a Traditional Hospital
HMOs as Profit Centers
Care
Traditional Hospital Care
Conclusion
Works Referenced

From the Paper:

"America's population is aging. We live longer, but therefore we require more hospital stays or medication than generations before us. The largest insurer of the aging is the government, through Medicare and Medicaid. Knowing the shortfall of income for future Medicare recipients, the government has been reducing, even curtailing some of the items, drugs, and illnesses for which it will pay the entire cost. Without such reimbursement, the for-profit HMOs are reducing the list of their clientele."

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