Econimic

In: Other Topics

Submitted By maria1213
Words 568
Pages 3
According to the latest GDP report release by the United States Census Bureau it indicates that the United States has the highest percentile of total spending on healthcare issues than compared to the rest of the world. As a result for working people struggling just to get by the deeping economic crises means getting push even closer to the financial brake facing growing ascended stress on how they will manage if someone in the family needs to see a doctor and staring to just afford the cost of every day life. Having to choose between doctor visits or putting food on the table. The purpose of this paper is to provide the current level of national health care expenditures, explain whether or not the spending is too much or not enough, and explain where the nation should add or cut and why and how the public’s health care needs are paid for in the future.
Whether or not the spending is too much or not enough
The United States is currently undergoing major and tragic budget cuts due to the nation’s troubling deficits. Our economy’s woes have been a long time coming but were always placed in the back burner until eventually has placed a huge hole too big to continue to “bandage”. With it being said that the United State’s GDP is represented as the highest in healthcare spending; one would imagine the American people are the healthiest. This is not the case. Studies indicate the nation is troubled by the highest rates in issues that were affected by the choices of our

The future economic needs of the health care system
According to the Centers for Medicare and Medicaid Services (CMS), the U.S. has predicted to spend over $2.5 trillion on health care in 2009, or $8,160 per U.S. resident. Health spending in 2009 is predicted to account for 17.6% of GDP. In 1970, U.S. health care spending had been about $75 billion, or $356 per resident, and accounted…...

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