Rising cost of health care

: Rising cost of health care

p : Rising cost of health care

1 . is very broad . narrow down the and to formulate a thesis (main ) point

2 . Discuss what the problem is and provide background on it . Briefly explain how this came to be a problem

3 . Identify possible ways to address the problem and discuss the advantages and disadvantages of each

4 . Indicate the best way to address the problem and discuss why you think the approach selected is best

5 . Conclude with a brief statement of your thesis and

the way you think is can be addressed

The cost of providing healthcare is rising . In the United States , 1 .9 trillion dollars was being on healthcare in 2004 , and is going to increase 2 .9 trillion dollars by the year 2009 . There is a growing concern that elders and retirees may not be able to access healthcare in the future , due to unaffordable costs

The population of the elders is increasing in the US . About three percent of the population or three million individuals belonged to this segment , in the 1900 . The population and proportion of this group has increased significantly . In the year 2000 , 35 million or 12 .4 percent of the population belonged to this group (Rubinstein , H . G , 2005 Such an increase is mainly attributed to a general increase in the life-span of humans . Healthcare costs have risen sharply in the last few years , even several times more than the rate of inflation . Between 1980 and 1997 , health expenditure for elders increased by 80 and expenditure on drugs increased by about 169 (Diener , J , 2003 . The present Medicare Insurance System does not seem to be providing much relief to this population (as they do not cover prescription drugs The Medicare system was framed in the 1960 's , when it was considered that provision of just basic health facilities for elders and retirees was enough (Diener , J , 2003 . Medicare at that time did not predict the effect of an increasing life-span , and rising healthcare costs Many senior citizens are subscribing to supplementary insurance schemes that can help them to bear the costs of prescription drugs . However they end up paying heavily for such insurance packages as they do not seem to be having many choices . The insurance companies are trying to cut down the insurance expenditure and return additional expenditure to the customers . Hence , several of these insurance schemes are becoming increasing unaffordable to the senior citizens

Many elders who retire before the age of 65 years , may not be able to avail post-retirement Medicare benefits for themselves and their dependents . Some individuals may in fact join their jobs back in to be eligible for health insurance schemes from their employers Employer-sponsored healthcare benefits may provide health insurance packages for about 3 .8 million retirees (between the age of 55 to 64 years , and an additional 12 million benefit through supplemental insurance (Pallarito ,

, 2006 . The sheer number and increasing healthcare...