Healthcare Spending

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Health Care Spending James Brewer HCS/440 April 11, 2011

Health Care Spending In many countries as well as the United States, health care spending is at an all-time high. Within health care, there are several factors, which have contributed over the years to increase higher cost. As spending throughout many countries is a key factor. The United States is above average, resulting in many citizens who are unable to afford the high cost of health care. Although it is difficult to determine the exact cause of why the increase of health care spending has risen, there are a few health care situations to blame. These causes could be health care prices, new and different disease patterns, and consolidation of many corporations, legal systems, new providers, advanced technology, and the aging population. Another cause of rising health care costs is cost sharing. This cause will not diminish anytime soon in the United States. Many people believe that disease management, consumer choice for health care and even evidence-based practice could help solve the problem of spending. These solutions however may not be sufficed to drive health care costs down. Health Care Spending
Organization for Economic and Development (OECD) has published an analysis concerning health care spending based on about 30 countries. This analysis demonstrates the current health care spending trends. The United States was included in this analysis. From the conclusion it was determined that patients and consumers spend more on health…...

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