If you look at lists of 10 health care facts regarding which countries have the best health care system, you’ll likely see Sweden, Denmark, Canada, Germany, Switzerland, Japan, the Netherlands and Singapore somewhere on the lists. How do they compile such lists? Well, taking into account is how much countries spend on health care, the quality of that health care, and the availability of it and, of course, how effective it is in keeping the country’s populace healthy?
Health care in US can make you go bankrupt?
Another thing on the list is how much people might have to pay upfront for the 10 health care if anything at all. This is one of the reasons you won’t find the USA on these lists, with the American media often telling us being sick in the US can bankrupt a family. Before we begin to explain the system, we might ask if medical bills do cause so many problems in the USA, according to CNBC.
That is indeed a fact. With one report saying medical bills are the leading cause of bankruptcy in the country, how many bankruptcies? No one knows exactly. You’ll find some statistics saying that around 650,000 Americans every year go bankrupt because of medical bills. President Obama said there was a medical bill related bankruptcy in the U.S. every 30 seconds but that was way back in 2009.
These numbers have been contested and sceptics tell us there is always more to bankruptcy in these cases than just medical bills. Maybe those bills were just the straw that broke the camel’s back. One thing we could take from the stats, even if it is not entirely accurate is that America.
Comparison of Health care of US with other countries
A country so developed and rich might not be doing a good enough job looking after its citizens. It concluded that one must save an American as sickness or accidents can lead to astronomical bills. The advice it gives save for a rainy day in a hospital bed and live a life in line with not getting an ailment often unavoidable, such as diabetes. Shouldn’t a developed nation have safety nets in place, though? That’s a question many Americans ask about 10 health care.
How many Danes go bankrupt because they were unfortunate enough to be hit by a bus? We might recall the recent video that went viral of a woman who had her leg trapped by a subway train in Boston. Don’t call an ambulance, she cried as shocked bystanders witnessed her bone coming through her leg, “Why?” They asked. She replied, “Do you know how much an ambulance costs?” So what’s going on with this?
The Department for Professional Employees tells us this that the American healthcare system is unique, at least for an advanced nation.
Health care coverage?
That’s mainly because the USA is the only industrialized nation without universal 10 health care of coverage. That doesn’t mean it doesn’t spend a lot on health care. It spends a lot, a hell of a lot, about 17.9 per cent of the GDP in 2016 or 3.3 trillion dollars. We’re told that Americans shop for 10 health care insurance just as they shop for anything else.
Around 156 million Americans are insured through their work, which is called the employer-provided private insurance. Then you have publicly funded Medicare for old folks, the disabled and the Medicaid for the poor.
Private-public health care schemes
It’s thought around 120 million Americans are part of these schemes. That’s why the system has been called a public-private hybrid. When we talk about insurance given or subsidized by employers, it all depends on what kind of insurance you have. It may not pay for everything, so some people still end up going bankrupt.
Then you have the Affordable Health Care Act or ACA, a.k.a. Obamacare, which attempted to make it easier for employers to give better health insurance plans for their workers. It also made it possible to give the maximum time limit for short term insurance plans and make it possible for employers to give their workers pre-tax cash to buy their coverage.
Hospitals and insurance working side by side?
As we thought so, insurance providers don’t always give you exactly what you want. They usually have a network of doctors or hospitals and you must use them. In some cases, you are not always covered for the treatment you need for the 10 health care. In the past, some people with pre-existing conditions couldn’t afford their insurance or were even denied it, which is just a part of cutthroat capitalism. Obamacare was put in place to prevent this.
Insurance must be brought for the premiums that you can pay. When you choose a plan, you must look at these things. Deductibles, co-payments, co-insurance and premiums. The package you buy according to these things might save or break your premiums are what you pay, even if you don’t make a claim. These can be very high co-insurance as a percentage of the cost you pay.
A deductible is what you pay before insurance pays for anything which can be as much as ten thousand dollars. A co-payment is what you must pay for every visit to the hospital or clinic, and you’ll pay that before the insurance company pays anything. So choosing the right plan is important. As one rider puts it, you’ve got to be an odds maker on your 10 health care.
So what if you have no insurance? As we said, there are government-funded schemes for those in need also because of the emergency medical treatment and active.
Doctors will attend to you no matter what.
Labor Act of 1986, Hospitals can’t just turn you away if you’re at the doctor with blood spurting from your neck. There’s also the Hippocratic Oath, which means all doctors must try to treat you the best they can and do it ethically. If you can’t pay, there will be a bill. Enter the US; it will likely be a large bill that could lead to debt collectors coming for you and your wages being garnished.
Part of the money taken out, your credit is ruined, having a tax refund withheld. Someone wanted to take your house or you could suffer bankruptcy but surely those with decent insurance won’t hit rock bottom. Not according to the Kaiser Family Foundation, they tell us more than 25 per cent of U.S. adults with insurance have difficulty paying their medical bills.
Payment of medical bills
We are told that 63 per cent of Americans who have had these medical bill woes had to spend most or all of their savings on those bills. Another 42 per cent had to get a second job. CNBC wrote in 2018 “only 39 per cent of Americans have enough savings to cover a thousand dollar emergency.” Experts tell us “Americans should downgrade their lifestyle in case they get sick, even if they have insurance as going bankrupt could mean you might not get a loan again or be able to rent a house or even get a job”.
Well, the poor and needy might indeed get government help but those that fall somewhere in the not poor but far from being comfortable category, are often those who have to risk average insurance and the possibility of getting sick ruining your life.
Another thing we’re told is that one in 10 Americans delay getting treated because they’re worried about the cost. That’s what you might call a vicious cycle because waiting can just make things worse. Some folks can’t even afford the deductible even when it’s just 500 dollars. The bills themselves may often surprise those that got treated according to a story in the Atlantic in 2014.
One man had a herniated disc surgery in America; he made sure he had enough cash for the surgery. As the article said 56,000 dollars in hospital charge, the 43,000 dollar anesthesiologist bill and 133,000 dollar fee for the orthopedist but there was an extra 117, 000 for an assistant surgeon that it turned out. One would think at these prices you could walk out of the hospital not only fixed but in a Hugo Boss suit with the keys to a new car and two tickets to the next World Cup final. But no, you get fixed and leave with only a big bill for 10 health care
This is mainly because of administrative costs. The sometimes ridiculous cost of drugs. The fact that you pay for the possibility of doctors being sued, paying healthcare workers wages, new technologies and medical institutions are just charging you what they want. We’re told by Reader’s Digest that some hospitals charge 8 dollars for a mucous recovery system, they’re usually called tissues. An investigation revealed one patient was charged 53 dollars per pair of nonsteroidal rubber gloves.
Sterile gloves were more total cost for the stay. Just in gloves was 5,141 dollars. That plastic cup they used to hand you your drugs, 10 bucks with an average of 440 dollars and cups for a patient stay in the hospital. Alcohol swabs of which you may need many 23 dollars a time.
Medical experts charge extra without reason
One person was charged 137,000 dollars for an IV bag, the cost of that bag 1 dollar. This is mostly due to something called the chargemaster, which allows hospitals to charge out of this world prices. These codec of costs are hospital-specific, meaning each hospital makes up its prices. Some critics have called such costs fiction and are critical of the lack of transparency. Hospitals provide about this it in many the loser, of course, is the consumer whose life may depend on that five-star menu. Vox reports that one woman who hit her head and went to the E.R left with only an ice pack and a bandage.
Her Bill 5751 dollars her insurance paid 862 dollars and she had to pay 4,989 dollars. She paid for assistance and expert evaluation. In fact, most drugs or treatments will cost Americans much more than citizens of other countries. The Washington Post tells us America has the most expensive but least effective health care in the developed world. Now, you might see why people in the U.S are going bankrupt and why the country is not on any best 10 health care lists.
This is a huge debate in America due to coronavirus and today we may have been quite critical of the health care system. We’d love to hear counter-arguments or even your own experiences with the health care system.
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