Affordability In Healthcare

2582 Words11 Pages
Health care financing is affected by many things and affects the society in many ways. The cost of health care has had many ups and downs. The affordability has been positive and negative, and has had different views from different groups of people such as the government and consumers. The government has also played a huge role in how financing has been controlled including federally supported health care programs. Health care financing is affected by many things and affects the society in many ways. American health care is the envy of the world, but with rapidly rising health care costs, reforms are needed to make high-quality, affordable health care more widely available. Looking into different aspects in financing health care there…show more content…
While these "stabilizers" will reduce out-of-pocket costs for those eligible for subsidies, our analysis indicates that they will not have a sufficiently broad effect on coverage to offset the disruption of the insurance risk pool. Specifically, it will be a challenge to have adequate participation among the young and healthy in the future, reformed market. “The Patient Protection and Affordable Care Act of 2010 (PPACA) will affect the costs associated with healthcare. By almost any measure, America has the world’s costliest health care system—and it is getting more expensive by the year. Many argue that exploding health care costs present a serious threat not only to our overall economy and federal budget, but also to state budgets, and that health reform needs to focus primarily on controlling these costs. (Grau J., Giesa…show more content…
This second tier is where autonomy is preserved and individuals and groups can purchase insurance that looks much like what they may currently have. This would be supplemental to the first tier with the focus being more on flexibility and individual choice. People, who do not want to succumb to rationing or the government, deciding that a year of their life is not worth the cost associated with a certain procedure, can purchase private insurance to cover these services. This second tier will be privately run but will continue to require government regulation similar to what is offered
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