Health care in the United State is very expensive and most people wonder why that is. I’ve learned that health care is not a drain on the economy but it is the economy that drains health care. Health Care needs help to grow just like other industries. Just as the postwar real estate industry rested on federally-subsidized loans, and the auto industry on free roadways and easy consumer credit, the health care industry sought stabilization and subsidy through government help, by a tax-exempt status, and through the steady growth of employer-paid health insurance.
Because of the help of the government, by 2000, health care was the largest industry in the United States, and it operating on a cost-plus basis, like military supply industries. I’ve learned that when the first health insurance started in the U.S. it was called “the disability insurance. It was because the insurance did not cover doctor visits, podiatrists, chiropractors, eyeglasses, or annual colonoscopies. The people who were covered were people with injuries, illnesses, and old age, they paid the hospital a certain amount. But after few years later some unions started complaining about getting health care benefits and it was because the health care cost was increasing, and they were getting new drugs and more treatments so people needed help with medical expenses.
I understand that health care is something that’s very important and people have to pay for it, so health care is expensive because someone will pay for it eventually. The economy depends on health care now because it is the largest, most stable, and one of the most profitable industries. Health care is expensive but it’s not that the hospitals are just keeping the money to themselves, but they have to pay the doctors, the nurses, and a few hospital administrators. They pay the salary for more than 14million workers and have to maintain the whole community.
It also provide like 13.5 million jobs. I believe that the problem that health care is facing is caused of the fact that it keeps growing and finding new treatments and that cause it to increase the cost of health care.
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