Summary Health, Money, & Fear is a video about healthcare in America, and how millions of Americans do not have healthcare because of the cost. The video interviews several doctors on their views of healthcare and how America has come to have such bad healthcare practices. The drug industry is mentioned and how drug companies impact the rising cost of healthcare in America. Insurance companies are explained and the ways insurance companies determine who they will insure and who they will not. Towards the end of the video, the doctors give a message to Congress stating what the congressmen and women need to do in order to help save healthcare from deteriorating more than it has been for decades. In the beginning of the video, the doctors …show more content…
This results in people not being able to receive the necessary healthcare, especially since majority of tests done a person are not needed. Many of the times when doctors order tests to be run, they are aware that the test is unnecessary but they need to be sure to cover themselves in the unfortunate case of something happening. Other people are also pressuring doctors in running tests to increase their RVU, unit of billable activity per hour. If a doctors RVU is not high enough they are pressured into running more tests and seeing more patients, rather than actually helping the patient. The drug industry only amounts to approximately 12 percent of the total cost of healthcare in America. The total sales of the top five drug companies in 2005 were 222 billion dollars. Drug companies state that the reason their products are so expensive is so they can fund the research and development of the drugs; however, only 32 billion dollars were spent on research and development, 71 billion dollars on marketing, and 39 billion dollars in profit. The facts listed above are all contributing factors as to why healthcare is so expensive, but the most significant reason healthcare is expensive is due to the cost of the paperwork.
Health care has become a form of governmental oppression. There are little to no funding for preventative care as Shipler points out in his scathing review of the bureaucratic nightmare of merely staying healthy enough to go to school if you are poor (Shipler, 2004). America’s private health insurance industry makes it almost impossible for those of lesser financial means to have access to good health insurance (Shipler, 2004). Our economic state makes it impossibly expensive to eat healthy, let alone to practice healthy lifestyle habits that are not taught regularly. In addition, the health care providers themselves and those individuals with forced health care plans are faced with the enormous expenses of crooked insurance adjustors and giant malpractice insurance regimes (Shipler, 2004).
25% or more of one’s income going toward health care is too much for today’s economy this
“The Bitter Pill: Why medical bills are killing us” written by Steven Brill delves into the question as to why medical bills are so high. As Brill begins his research he analyzed bills from hospitals, doctors, and drug companies. Additionally, he interviewed doctors, Medicare and insurance administrators, and gathered patient stories across the nation. He found that the United States spent more money on healthcare than any other developed countries, he stated “We may be shocked at the $60 billion price tag for cleaning up after Hurricane Sandy, [however], we spent almost that much last week on healthcare” (Brill 2013). He also noted “yet in every measurable way, the results our healthcare system produces are no better and often worse than the outcomes in those countries” (Brill 2013). From the charts and graphs that Brill provided shows that the sixty percent of personal bankruptcy filings per year are related to medical bills. Life expectancy in the United States is the lowest amongst the countries that spend most on healthcare, our infant mortality rank is fiftieth in the world, and that one pill cost as much as seven pills in other developed countries such as France. Brill found that in many similar cases, like that ones he presented in the article, Medicare would have at least paid for a small portion of the bill. However, those who don’t qualify for Medicaid and don’t have insurance are often asked to pay excessive prices.
The subject of health care is a sore subject, one of the most debated topics in the United States of America today and it is also the source of a vast array of complex problems for the American people. Americans have seen an increase in the rates of uninsured Americans, an increase in the cost of health care, and a growth in profits for health care companies. Due to the problematic trends that have taken place in the health care system in the United States, many Americans have viewed it as “the health care crisis” (Obamacare Facts, 2015). During the administration of President Barack Obama, a new law was implemented in order to reform the United States’ health care system called The Affordable Care Act or ObamaCare or ACA.
Frech cited several keys to the high costs here including marketing by pharmaceutical companies; the incredible number (around 20 percent) of the people who work in the medical field but never come into contact with any patient and the lack of wellness programs and poor lifestyle
Steven Brill feels that American health care is eating away at our economy and our treasury and discusses the costs associated with the provision of health care services in the U.S.. The article explores the medical world through the medical expenses incurred by a 64-year-old Janice S., Sean Recchi, A 42-year-old from Lancaster, Ohio and several other egregiously billed patients. The article poses the question: why exactly are the medical bills so high; in particular hospital bills?
In this chart, the chart demonstrate how health care is spend in the United States. In 2010, a total of $2.6 trillion dollars was spend in health care in the United States. Fifty percent of the spending goes to pay the cost of medical services provided by hospitals and physicians. ten percent goes to prescription drugs accounts, while prescription drugs is one of the major parts of the health care spending but this part has been some recent success in slowing the growth in spending. From 2009 to 2010, prescription drug costs grew by just 1.2 percent while hospital and physician costs grew by 4.9 percent. While private health insurance administrative costs sometimes receive a significant amount of political attention, they represent only 3.75
The current state of the American healthcare industry has consequences reaching far beyond the health of individuals, because decisions regarding health care and insurance reverberate
Most people are very much aware of the issue that I wish to talk about in this essay. I am referring to health care and the incredibly high cost and availability to all citizens in the United States. Most people don’t want to at least have subsidies in health care and generally those are the ones who are not suffering from any major health concerns. Our nation is so selfish and unwilling to help those less fortunate than themselves. Drug companies don’t want any reforms either, but something has to give. These companies shouldn’t be allowed to have so much power over who gets treated or not simply due to them making more money. It’s a sad truth that, money is the main component in why our health care system is not going to get very far where reforms are concerned.
The opening statement of the presentation accurately summarizes the United States’ healthcare system as it relates to everything that Dr. Roper said in his speaking. I found it shocking that America spends more money on healthcare than any other country in the world, yet everyone does not have proper health insurance, meaning they are underinsured or simply uninsured. Most of the problem, in my opinion, lies in the cost driven system for healthcare in this country. As a matter of fact everything about this country is money driven; everything is about how it will affect the economy. From the hospital companies down to the patients who receive services, the major concerns are rooted in cost. When doctors are paid based on how many patients they serve and not how well they serve the patient's, everything is more about numbers where it should be about the welfare of the patients. The system is rigged to being more about quantity than
The Michael Moore movie pointed to a myriad of issues relating to the American healthcare system that are both startling and interesting. The movie was produced before the Obama Administration signed the Affordable Care Act into law, but Sicko reports that nearly 50 million Americans do not have health insurance. About 18,000 Americans die each year because they don't have health insurance. The system is clearly broken, and politics seems to have been the reason that insurance companies keep a strangle hold on consumers. For example, Sicko reports that there are nearly four times as many lobbyists in Washington D.C. pushing for their clients' agenda as there are members of Congress.
People are choosing, instead of where to get care and how quickly they can get there, whether or not to even get care. The expense of medicine is because of how difficult it is to produce and discover new technologies. This expense is paid for by insurance companies, when the time comes that a person
This film focuses on one of our nation’s biggest issue, The Health Care System. At every presidential election debate, the topic is brought up to gage on how each candidate will, during their presidency, rectify or even improve the current system that is already failing thousands of Americans. Mr. Moore has tried to exposed the industry for what it truly is, a profitable billion-dollar business, with well-paid CEO’s and Doctors that get paid more based on how many surgeries the perform for ill patients and not by how well they’ve treated patients with preventive care to avoid diseases.
Health care costs are high for multiple reasons. Inefficiency is happening because doctors lack resources that inform them about their patients’ past tests and prescriptions. This costs time and money. According to Furchtgott-Roth (2009), former chief economist at the U.S. Department of Labor, ten cents of every dollar paid to the doctor goes to his or her malpractice insurance. These rates are so high because there is no cap on the amount of money a doctor can be sued. Doctors even fear being sued for doing “too little” in the patients’ eyes. Because of this, doctors end up running unnecessary tests and prescribing unneeded drugs. Medical News Today acerbates that health care is so expensive because we spend $147 billion per year on problems that
The major spender of tax dollars, as well as money from the United States budget, has become healthcare expenses. This ranges to everything from prescriptions to surgeries. America’s healthcare spending has reached an all-time high and shows no signs of receding. The Affordable Care Act (ACA) is a type of government provided health insurance for those who are in poverty. Since the Affordable Care Act has been put into place in 2010, healthcare spending has been unsustainable for the country. In M.D John Geyman’s peer reviewed journal article “PROMISES VS. REALITY OF THE AFFORDABLE CARE ACT: what will