Hsa Paper

Health Care Financing

Introduction

Health Care financing has been a big issue in the Unites States since the 1960’s and today it is even more of a serious issue, with the millions without insurance and health care costs on the rise the United States health care industry is in trouble. Economic hard times have affected Medicare and Medicaid and it has resulted in many cuts. Private insurance companies have raised rates and employers have had to pass the cost onto employees by raising premiums. Health care is on the rise mainly because more and more people are getting older and are needing more and more medical procedures and physician visits. Technological advances are also a cause for rising health care. Many things affect health care and that is why it is so expensive. All of these issues will be addressed in this paper.

Statement of Topic

Health Care financing is a big issue in the United States since the 1960’s and even now. Millions of American’s are without health insurance and health care costs are on the rise due to technology and the millions of people who are uninsured. In this paper a brief view of why costs are on the rise and the effect that it will have on the American public in the years to come.

Rational of Topic

Health care financing is a big issue for the millions of Americans without insurance and with the new Health Care Reform Bill being front and center; many people are focusing on why it is so important for American’s to have insurance. The reason this topic was chosen was to give some insight on why health care costs have risen since the 1960’s. The citations used in this paper help to clarify the different points addressed in this paper. They were chosen to explain the issues with health care spending and to show why they are on the rise and why it is so important that this country needs universal health care coverage without them it would have been hard to fully explain the reason for why health care expenditures are...