Health Care Spending

Introduction: Health Care Spending
Health care is something that is always going to be around because it is needed by all entities. Health care is a resource that is not readily available to all due to the issue of affordability. Many people try to find the most affordable health care insurance, but sometimes economic hardships do not allow for people to get insured or remain insured; therefore leaving many people with out health care insurance. The government has tried to help many people by providing those who qualify with Medicaid, and Medical but those who don’t qualify are still left uninsured and with the burden of overwhelming medical bills. Even though health care is at times unaffordable it is still an entity that is used by all people. Often times people cannot afford to pay for health care expenses or health care insurance, therefore leaving many people with massive health care bills. According to Strunk and Ginsburg, 2011, health care spending is rising faster than incomes in most developed countries, which raises questions about how countries will pay for their future health care needs. The issue is particularly acute in the United States, which not only spends much more per capita on health care, but also has had one of the highest spending growth rates (Strunk and Ginsburg, 2011). Both public and private health expenditures are growing at rates, which outpace comparable countries (Strunk and Ginsburg, 2011). Despite this higher level of spending, the United States does not achieve better outcomes on many important health measures (Strunk and Ginsburg, 2011). The sad reality is that health care spending around the world is generally rising faster than overall economic growth, so almost all countries have seen health care spending increase as a percentage of their gross domestic product (GDP) over time (Strunk and Ginsburg, 2011). In the United States, which has both a high level of health care spending per capita and a relatively high rate of real...