It's All About the Money $$

Health care spending has been on the rise for numerous reasons. There are 40 million uninsured individuals in the United States. Whenever these individuals need medical attention, they go to the emergency room. When ERs are unable to pay their bills, the hospital must somehow make up for this loss. In turn, they raise the prices of medical services. This directly contributes to the rising cost of health care. It’s like a vicious cycle, those without insurance are running up the costs for others, but they don’t have insurance because it is so unaffordable. Rising costs can also be attributed to the cost of paying the administrative staff of insurance companies. The U.S. requires more administrative staff for payment reimbursement than any other country. Health care in the U.S. is already so high and with these tough economic times, it is only getting worse. More people are becoming unemployed and losing health benefits. Prices of services will increase as more services are utilized without payment. Universal healthcare could be an option. Everyone would have some sort of insurance and we would all pay for it. The only thing being cut out would be the insurance companies. A “single-payer” system might be beneficial. The government would collect all health care fees, and pay for all health care costs. Currently, there are thousands of different health care organizations (billing agencies). In a single-payer system, all hospitals, doctors, and other health care providers would bill one entity for their services. As a result, everyone saves money and health care can become more affordable for those who don’t have it.