One may ask questions about the reasons behind the rising of healthcare costs in the United States. Several factors cause this drastic rise in these costs. In addition, these rising costs require an extensive evaluation in order to ensure the provision of quality healthcare services. The United States of America applies the extensive use of costly diagnostic equipment in carrying out their tests in hospitals and clinics. As a result, this leads to an eventual high hospital bill to the patients. Another fundamental factor that causes raising costs of healthcare includes the demands portrayed by the patients. The patients’ high demands in the healthcare facilities largely contribute to these rising costs of healthcare services. Most patients tend to require better healthcare services in hospitals and clinics. To this effect, the costs rise in the event of improving the healthcare services (Chalice, 2005).
In the future, the state still foresees a rise in the cost of healthcare services. This occurs since with the advancements in time, new health problems tend to rise. As such, a more advanced method of handling these problems is required. In addition, procurement of diagnostic equipment for carrying out the tests and examinations continues to occur rather expensive with the growth of time. Hence, the healthcare costs tend to reciprocate to these rising costs of equipment. Also, the costs of antibiotics tend to rise gradually with time. Eventually, most citizens get driven to purchasing low cost antibiotics in order to suit their pockets.
Despite the fact that the cost of the healthcare services has gone out of control in the United States of America, there exist measures that may help in containing these high costs. First, extensive research on the causes of high costs in the healthcare sector should occur. This would provide the basis with action. Stroke cases have been within the past decades. In very year, the health facilities receive several stroke patients. Being an advanced defect, it requires an equally highly advanced mode of treatment to save the patients’ lives. Thus, to work on this problem, the state should include ways of reducing stroke incidences among its citizens. This would immensely lower the healthcare costs. In addition, employees in the healthcare sector should possess the capability of accessing lucrative insurance plans. Their employers should offer this. Furthermore, cancer prevention drugs can be administered to the patients free of admission into a health facility. Admission only raises the bills since other services aside from treatment add up to the bill.
The private sector possesses an upper hand in regulating the rising costs in the healthcare sector. Furthermore, the collaboration between the private and public sectors provides a lucrative basis for reducing these high costs in the healthcare facilities. One way in which the private sector helps to reduce costs in healthcare includes taking care of the physically handicapped and the old members of the society. This sector also provides numerous healthcare facilities that help in reducing the production costs of hospitals and clinics. Some of these facilities include beds and wheelchairs (Andersen, 2011).
Free market refers to a situation on the market where decision-making occurs rather freely within different privately owned businesses. Here, there exists no competition in the businesses involved in that particular market.
Free markets possess various fundamental characteristics. Some of these characteristics appear below. One Dr. Lameiro enlists the distinct features portrayed by the free market. A free and cooperative process characterizes a free market. Furthermore, individuals on a free market possess the capability to perform desirable roles. Moreover, members possess the room for expanding their enterprise as they individually desire. Thus, free markets occur as more effective than legislation alone.
Markets tend to improve in the healthcare sector since most healthcare facilities require more equipment in carrying out healthcare activities. The future trends in the healthcare costs may occur accommodative if the right policies are put into place.
Lobbying refers to an act of trying to affect the decisions formulated by government officials. It may possess influences on the legislative actions. This may happen if the lobbying activities are carried out in a reasonable manner in order to suit the legislative actions.