U.S. Health Care System - Essay Example

Only on StudentShare

Extract of sample
U.S. Health Care System

But at the same time the general attention of a nation is focused first on the problem "how to get rich", then on the problem of terrorism. All these factors have kept the problem of health care off the top of the day. Today there are several popular health insurance programs. Let's look through them briefly.

Medicare is the name of a health insurance program which is administered by the government of USA. It covers people who are 65 and older, or people of some other specific criteria. It was added into law signed on 30th of July in1965 by President Lyndon B. Johnson. It was the amendments of Social Security legislation. At the ceremony of bill-signing President Johnson registered former President of USA Harry S. Truman as the first Medicare beneficiary. Then Johnson presented him with the first Medicare card. And that was the beginning.

Medicare is financed partially by payroll taxes which are imposed by FICA (The Federal Insurance Contributions Act) and the Self-Employment Contributions Act. Concerning to employees, the payroll tax is equal to 2.9% (1.45% withheld from the worker and a matching 1.45% paid by the employer) of the salaries, wages and other compensations connected with employment. Until the 31st of December, 1993, the law gives a maximal amount of wages, salaries etc., on which the Medicare payments could be imposed each year. In the beginning on the 1st of January in 1994, they removed the compensation limit. ...Show more

Summary

Thirteen years ago Bill Clinton became the president of the USA mostly because of his promises to do something with high and rising costs for health care. Clinton's chances of reforming the US health care system were quite convincing…
Author : lehnermaudie
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"U.S. Health Care System"
with a personal 20% discount.
Grab the best paper

Related Essays

Health Care Delivery System
Though it is normal to have both public and private players in the field, what is startling about America is the dominance of private players. According to records (as cited in Chua, 2006), in the year 2003, only 15 percent Americans had public insurance coverage through programmes like Medicaid.
4 pages (1000 words) Essay
U.S. Health Care System
U.S Health Care System The united state health care system has often been considered as the best health care system in the world. This is my position on the concept of status of the U.S health care system in relation to the book Delivering Healthcare in America.
3 pages (750 words) Essay
The U.S. Health Care delivery System and Drivers for Change
The present study focuses on a discussion of the healthcare system in the US and the key drivers that are affecting the system that may be altered for improvement. Key Drivers Affecting the US Healthcare System: In the early years, the healthcare systems in the US proved to be a charitable unit where patients required little or no money for their treatments.
4 pages (1000 words) Term Paper
Health Economics: International Comparison
However, many people examine the Indian economy to be the 3rd largest by equivalent purchasing power and 10th largest by nominal GDP in the world, but continue to experience a lot of challenges especially in public healthcare. 4.2 percent of GDP, created by the healthcare market, is estimated to reach more than 1.2 billion people but at the same time it seems to be inadequate.
3 pages (750 words) Essay
Preventative care and health care reform
(Georgetown Law Publications, 2010). The current issue dubbed ‘Obamacare’ is the latest in the series of reforms in the U.S health care system. Obamacare, officially titled The Patient Protection and Affordable Care Act, PPACA was effected on March 23, 2010.
8 pages (2000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT