The Health Care Crisis Of The United States - 978 Words

The health care crisis in the United States has been out of control for many years. According to National Health Expenditure Projections, Americans will spend approximately 3.2 trillion on health care in 2015. If the United States health care system was a country, it would be the 6th largest economy on the entire planet (National Health Expenditure). The article stated that back in 1960, an average person spends 147 dollars on health care, that number had increase rapidly to 8,086 dollars. I wonder why, but then again, cost of health care is not regulated by the government, prices are set by American Medical Association (National Health Expenditure). The United States spends more on health care than Japan, Germany, France, the United Kingdom and Canada combined (Sick around the World). The top executives at the five largest for-profit health insurance companies in the United States combined made 200 million (National Health Expenditure). Hospital executives continue to make millions of dollars in profit while consumers struggle to pay off their medical costs. The United States is the only develop country where 62 percent of all personal bankruptcies were related to medical bills (Sick around the world). Some politician had proposed bills to have the health care system reformed, but had rarely been successful. Surprisingly, in 2010, a reform was passed. The Affordable Care Act, also known as the Obama Care goal was to address these issues within the health care system andShow MoreRelatedThe Health Care Crisis Of The United States Essay2108 Words   |  9 Pages Health care spending in the United States of America as a percentage of the economy has reached astonishing heights, equating to 17.7 percent. This number is shocking when compared to other counties; in Australia health care is 8.9 percent, in United Kingdom 9.4 percent, in Canada 11.2 percent. 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