Increasing cost of Health Care in US

Increasing cost of health care in US

The cost of health care in the US is growing faster than the overall economy, making health care unaffordable for American households. According to the 2013 health expenditure projections, the cost of Medicare has risen by 31% between 2005 and 2015. Growing health care cost has outpaced the recovery of the overall economy, placing pressure on patients, families, governments and health care providers.

Factors affecting cost of health care

Some of the factors affecting the increasing health care costs are:
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Increase in Medical Costs    –   Primary root cause for the increase in health insurance costs are the rising medical costs.Health Care costs include clinical services, hospital services, prescription drugs, medical equipment, physician visits and medical insurance.

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Increase in Chronic Illness and Obesity  –  Around half of the US population has one or more chronic illness such as heart disease, diabetes, asthma, and cancer. An aging population, genetics and sedentary lifestyle with no exercise and nutrition contribute to the growing prevalence of chronic illness.

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Healthcare Technology  –  Technological advancements in medical care have made health care more expensive.

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Raising  Pharmacy Costs  –  The rising cost of health insurance is increasing costs of pharmaceuticals. As Rasmussen reported, up to 40 percent of the medical plan cost will be drugged by 2025.

Key Points

The cost of health care increasing large factors are costly technology and medicines.

The percentage of healthcare US dollars spent on administration is 20% to 30%.

Reducing physicians fees is not likely to decrease health care costs very much.

How to reduce Cost of health care with Homeopathy?

Homeopathy is a system of natural health care that has been in use for over 200 years. Homeopathy treats each person individually with the aim of stimulating their own healing ability. A homeopath selects the most appropriate medicine based on the individual’s specific symptoms and personal level of health.

You can book an online appointment with a homeopathic doctor at healthgini.com