Overview
In this assignment you will select and research what you believe to be the most important and pressing economic issue that confronts the United States in the health care industry today, and potential ways in which to mitigate the issue. Consider the economic effects of the issue on the health care industry, strategies to address the issue, and best practices for implementing the strategies. You will write a paper to formulate strategies and the application of best practices from other countries based on your research to address a selected economic issue confronting the U.S. health care industry.
Instructions
Provide a review of the selected issue in a 4–5 page paper in which you:
- Develop a detailed description of the selected issue and the research process conducted.
- Analyze the most significant economic effects of the researched issue on the health care industry supported with least two examples of the economic effects.
- Formulate specific strategies that relevant entities/stakeholders may use to address the selected issue from an economic perspective supported with a rationale for the strategy.
- Develop a strategic manner in which the United States can apply economic best practices from other countries to support the strategies for addressing the issue.
- Critique the likelihood of the government and the private sector to effectively address the issue.
Issue picked: Rising Cost of Healthcare
Please add the statistics and site the information.
References
https://www.thebalance.com/causes-of-rising-healthcare-costs-4064878
https://www.statista.com/statistics/720767/medical-cost-trend-in-us/
http://www.allhealthpolicy.org/wp-content/uploads/2017/03/Alliance_for_Health_Reform_121.pdf
https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NHE-Fact-Sheet#:~:text=Federal%20government%20spending%20for%20health,the%206.3%25%20growth%20in%202019.
https://www.healthcarefinancenews.com/news/healthcare-spending-us-sends-damaging-ripple-effect-across-other-major-sectors-households
https://www.rand.org/pubs/research_briefs/RB9605.html
https://www.pgpf.org/blog/2022/02/why-are-americans-paying-more-for-healthcare
https://obamawhitehouse.archives.gov/administration/eop/cea/TheEconomicCaseforHealthCareReform/
https://www.investopedia.com/u-s-healthcare-spending-rising-fast-5186172
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7237575/
https://www.medifind.com/news/post/problems-us-healthcare-system
https://www.healthdata.org/news-release/new-study-explains-why-us-health-care-spending-increased-1-trillion#:~:text=Five%20factors%20contribute%20to%20the,price%20and%20intensity%20of%20services.
https://www.commonwealthfund.org/publications/fund-reports/2021/aug/reducing-health-care-spending-what-tools-can-states-leverage
https://www.ama-assn.org/about/research/trends-health-care-spending
https://aspe.hhs.gov/sites/default/files/private/pdf/75441/report.pdf
https://www.peoplekeep.com/blog/seven-reasons-for-rising-health-care-costs
https://www.investopedia.com/insurance/why-do-healthcare-costs-keep-rising/
https://www.crfb.org/blogs/three-ways-lower-health-care-costs
https://www.medicaleconomics.com/view/four-ways-reduce-healthcare-costs
https://www.amjmed.com/article/S0002-9343%2809%2901115-2/fulltext
https://medlineplus.gov/ency/patientinstructions/000870.htm
A dozen facts about the economics of the US health-care system
https://www.kiplinger.com/article/insurance/t027-c032-s014-6-ways-to-limit-health-care-costs.html
https://www.merckmanuals.com/professional/special-subjects/health-care-financing/causes-of-high-health-care-costs
https://www.compassonehealthcare.com/blog/cost-reduction-strategies-health-systems/
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0219316
https://www.acpjournals.org/doi/full/10.7326/0003-4819-143-1-200507050-00007
https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/top-ways-employers-hold-down-healthcare-spending.aspx
https://www.aha.org/news/headline/2019-03-05-aha-offers-strategies-reducing-health-care-costs
https://www.investopedia.com/u-s-healthcare-strategies-for-containing-costs-5186588
https://www.aha.org/guidesreports/2021-10-25-cost-caring
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