Health Care Reform Project Part 1
There were various current health care economic issues to choose from, but the one that stood out was health care spending. Therefore, health care spending is the issue that a literature search is performed. Health care spending has increased so much over the years, and doing some research on the topic can give individuals some aspects to why the spending has increased so much. The first article that will be described is called “Causes of High Health Care Costs”, and the article describes various reasons why health care spending is so high. Another article that was literature searched is called “Health Care Spending Again Accelerating”, and in the article describes the percentage that health care spending has increased over the years. The article also includes the reason health care spending has increased. The last article that will be searched and summarized is called “Why Do Other Rich Nations Spend So Much Less on Healthcare”. The article explains various reasons why the U.S. outspends peer nations regarding the health care spending per capita.
Article One - “Causes of High Health Care Cost”
In the article called “Causes of High Health Care Cost” explains various reasons why health care in the U.S. is so excessive. The first reason mentioned is the new technology and drugs because these might be the biggest cause for health care cost increasing. The technology or drug might be appropriate or inappropriate, and they can still make the cost increase. An example would be the use of the lower lumbar spinal fusion that is to treat individuals with chronic back pain (Trivedi, 2013). However, there are various experts who think that the treatment is ineffective and is overused. Another factor is the increased cost of health care goods and services because the drug cost has increased. One reason for the increasing cost is the price to develop new drugs, which usually cost around $1 billion (Trivedi, 2013). Even marketing new...