The system of American Health Care can be divided into public and private; this aspect is closely connected with the people’s insurance and work of special organizations financing this system. It is important to stress that superior help in modern health care system is provided to insured people; public funds support that part of the population that is unable to pay for medical assistance covering immigrants and jobless families. (Axeen, 2008) The main focus of the research paper is the work of financial organizations providing support for medical systems and types of risks connected with rapid decrease of insurance levels.
Health Care System Instability
The number of uninsured people among modern Americans has rapidly increased; according to the data provided by Medical Research center, in 2000 more than 15% of the population in the USA was uninsured. In 2003 this index reached the number of 44 million of total population. Health Care Service system in the USA suffers dramatic downfall in financing aspects resulting in the increase of the number of bankruptcy risks. (Shi, 2004)
It is important to stress that public health care service erosion resulted in the deep problem for the US medicine sphere development. Thus, funding and all types of financial support to clinics in heavily populated and rural areas were considerably reduced. This situation made people being uninsured seek medical care in the department of emergency assistance. (Feldstein, 2005)
The development of community health care system is directly dependant on funding issues and functioning of financial organizations. It should be noted that current health care sphere requires support in the supply of new medical equipment and medicine drugs. On the international meeting (2008) devoted to the problems of community health care development, the problem of financial assistance was strongly stressed. It was stated that current medical institutions suffering from low public funding are about to face crisis. (Ziller & Loux, 2008)
According to the analysis conducted by WHO (World Health Organization) US health system is referred to as one of the most expensive. The services in the USA are the highest in cost that is why the financial aspect is considered to be the background of its well-being and stability. Current researches show that rural health facilities are under the threat of medical crisis. (Hidden Costs, Value Lost, 2003)
Financial impact and health-related- concerns are the most centralized questions of current medical organizations in the USA. Uninsured and underinsured aspects in modern health care system of the USA are the basic problems of stakeholders; possible medical bankruptcy is about to be faced by the country, as it was shown by Medical Research 2005-2008.
According to the experts’ forecast, funding organizations are about to face considerable risks of funding stop in medical sphere. Over the last three years the level of insurance among the population has decreased by 3 % and still moving down. The US government develops health care reforms aimed at obligatory insurance in the society. Such methods may be the first step in health system rehabilitation and its way to funding increase. (Beetstra, 2008)
Solution to Problem
The strengthening of organizational support in current situation of medical crisis can be reached through the following steps:
- The costs on health care insurance are to be decreased for the people of middle class to have more chances for insurance;
- Insurance reform is to be held;
- Price and cost of medical services are to be mutually exclusive.
Harvard University study has shown that the principal reason for health insurance bankruptcy appeared to be medical expenses; it is necessary to underline the fact that less medical care required by modern population is closely connected with its costs. So, to increase the insurance level it is necessary make price of medical assistance more available without the quality lowering for ordinary people to be able to pay for it. (Haley, 2005).
American Health Care System causes great concerns among specialists and ordinary people; the problem is that medical field is about to face financial crisis connected with low funding in rural areas as well as in urban regions. The impact of financial aspect is connected with increasing number of uninsured people. High costs of medical service and low funding and financial support provided by organizations and stakeholders lead to medical instability and bankruptcy in the sphere of health insurance. The development of governmental health care reforms and decreased price of insurance services can safe organizations from the risk of bankruptcy.
Axeen, S., & Carpenter, E. 2008. Cost of Failure: The Economic Losses of the Uninsured. Medical Benefits, 25(11), 9-10.
Beetstra, S., Derksen, D., Ro, M., Powell, W., Fry, D., & Kaufman, A. 2008. A Health Commons Approach to Oral Health for Low-Income Populations in a Rural State. American Journal of Public Health, 98, S89-S90.
Feldstein, M. 2005. Economical and Financial Crisis in Emerging Market Economies. University of Chicago Press.
Hidden Costs, Value Lost: Uninsurance in America. 2003. Institute of Medicine (US). National Academies Press.
Haley, B. and Deevey, 2005. B. American Health Care in Transition. Greenwood Publishing Group.
Shi, L., & Singh, D. 2004. Delivering health care in America: A systems approach. Jones and Bartlett, Sudbury: MA.
Ziller, E. Coburn, A. Anderson, N. & Loux, S. 2008. Uninsured rural families. Journal of Rural Health, 24(1), 1-11.