Despite of political influence, there are a number of facts about the healthcare industry of USA that are not unveiled to the general public. There is a need of realization that there is a desperate need of change. You might have heard few stories unveiling the truth of the healthcare system in USA. In this article I’ll unveil the facts that may start you to wonder.
- The Health Care System Cost Americans around 2.8 Trillion Dollars in 2013
Under the current reforms regarding health care system in US, it costed US 2.8 trillion dollars last year. The cost is still not settled and is expected to increase every year. The ever-increasing costs of health care system and the rising profits of health are corporations have all lead to bankruptcy and personal debt.
US spend more than twice as much per person on healthcare than any other developed country, but still, the quality of treatment is well below its level. The control of US healthcare system continues to spiral downward. With reference to a report by Health Care for America Now, five biggest United States health insurance companies ended up with a combined profit of $12.2 billion in the end of 2009 year. It is a frightening scenario to even imagine the cost being spent in the healthcare industry in the coming years.
- 50 million people with no health insurance
Although, US spends highest recorded budget on healthcare than any other country in the world, there are still approximately 50 million people with no health insurance at all. Many people on salaries are not able to bare the health insurance cost. According to a middle-class American Citizen, Julie Shay, the insurance firms do not realize or care about what patients are going through.
They care more about their profits rather than providing cheap treatments to the patients. There are numerous patients who do not get care and are falling through the cracks. Too much money is spent by doctors on carrying out tests which are not needed. Lot money is wasted on inefficient claims processing as well.