Healthcare

Paper Summary:

This paper discusses the rising healthcare costs in the United States and its long-term effects. Several of the primary drivers of increasing healthcare costs are examined with their short-term solutions introduced thereafter. The research concludes with the examination of the primary modes of healthcare deliver, Medicare and managed/employment based healthcare programs and the overall solution to the long-term healthcare system problems. The result is the recommendation that the healthcare system be nationalized and several cost control measures mandated by Congress.

From the Paper:

"The United States is courting disaster with its current trend in rising healthcare costs coupled with its aging population. In the United States healthcare is fully privatized with employees being offered healthcare insurance through the employer which is usually subsidized by the employer or healthcare insurance is available privately but is expensive. Additionally, there are several federally mandated programs such as Medicare and Medicaid that provide some degree of medical coverage to the elderly and the underserved. Clearly, the United States' medical healthcare system is in dire need of an overhaul; otherwise, the ramifications of having a very large percentage of its population become essentially uninsured, which is to say uncared for, are dire. Below are the primary drivers of this increasingly unaffordable system followed by a recommended solution. The Prescription Drug Industry The federal government must contain the spiraling prescription drug costs."

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