The Pricing of Health Costs and its Effect on the Poor in the United States - Dissertation Example

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The Pricing of Health Costs and its Effect on the Poor in the United States

These families must forcibly cut down on their health care costs, which may ultimately lead to dangerous health consequences. In this context, the researcher will conduct a qualitative study (secondary research), that will explore the aspect of the monetary costs and quality of life, as regards the present US health care system. Monetary costs and quality of life in the context of US health care: in US, health care occupies an important position within the U.S. economy graph (Fig 1). Observations by various experts reveal that every year the health related expenditure keeps on growing, often moving ahead of the expenditure made on the other service sectors. This implies that each year the percentage of the health expenditure within the overall US economy pie keeps on growing. As the cost prices within the health care system increase, there is bound to be some sort of a repercussion within the average household, especially amongst the families that fall below the federal poverty line. ...Show more

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The Pricing of Health Costs and its Effect on the Poor in the United States Introduction The term health care relates to the prevention and treatment of diseases in ailing individuals. Almost 60 years ago in 1948, the World Health Organization (WHO) gave a very comprehensive definition of this term, where it stated that health is a “complete state of physical, mental, and social well-being and not merely the absence of infirmity.” Thus, to enjoy an overall good health and a general good quality of life, all three factors must function normally for an individual…
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