Considering staggering expenditure on healthcare in the US


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Considering staggering expenditure on healthcare in the USA, evaluate the current healthcare system, and offer some areas of potential cost reduction. Provide some ideas on how to accomplish the cost reduction without a drop in patient care quality. Make sure to offer credible evidence to support your ideas.
IMPORTANT:
Four basic reasons for US healthcare expenditures being so high are discussed in the outline notes. These are:
The U.S. does not regulate the price of healthcare services – using, in most cases, a free-market approach to determine prices.
We are getting older as a society – and age and cost go up together.
We are not a very healthy nation – the consequences of a number of lifestyle choices contribute to the high cost of chronic care.
Our overall system doesn’t seem to work as well as other healthcare systems – with all kinds of variations going on in the actual delivery of care.
As you read through the assignments this week, realize that the money and human resources are ultimately limited. Because of that, EFFICIENCY is paramount in the US healthcare system. Be aware of the differences as you read from 2016 information to 2020 / 2022 – what has changed in that time and how is our financing different or the same?

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