Funding the rising cost of U.S health care Assignment

Funding the rising cost of U.S health care - Assignment ExampleThe healthcare lurch system of the US has been voluntarily involved in response to the considerations regarding the accessibility, quality, along with cost of the health damages services (Jones & Bartlett Publishers LLC, 2008). However, the continuous rising of healthcare costs has long been witnessed by the demographic groups mickle be regarded as a phenomenal concern of the country. Accessibility to the healthcare services has long been acknowledge as a key issue in the US healthcare system. Both the government and non-government amends agencies are recognized to focus on developing their offerings in order to accomplish a remarkable growth for their institutions. The consolidation amidst the health restitution service providers in the nation, have been raising issues associated with accessibility out-of-pocket to their unabatedly increasing price and availability of quality based service facilities (Kaiser Fam ily Foundation, 2014). The following figure details nearly the overall health insurance coverage of the total US population.With regard to the above statistics, it is affirmed that the healthcare sector of the US has been undergoing an unsustainable condition due to the rising cost of healthcare services provided by both public and private health insurance institutions (U.S. National Library of Medicine, 2013 Shi, 2012). Medicare services provided by the institutions are apparent to involve higher pricing strategies that often raise major issues for the population with minimum or advantageously less income level. The Census Bureau in the year 2011 reported that more than 36% of US households aliment below poverty line were not insured. With reference to the total spending on healthcare and its insurance beneficiaries, the US spends approximately USD 2 trillion every year that can be apparently set to be higher than other countries of the world (Wilper et al., 2009).The