Cost of Healthcare Fact Sheet

There has been rising concern over the cost of health care in the US over the years, and the country has spent a lot of funds in a bid to alleviate the problem. However, there have been debates on whether the high expenditure by the government translates to affordable healthcare to the residence. The most affected group of population is the middle and low-income earners who cannot afford the cost of medical insurance. This is a significant problem especially with the fact that healthcare is increasingly getting commercialized.

Despite the many measures that have been taken by various institutions to solve the issue, it is still persistent and is growing to be a serious concern among the public. In 2013, for instance, 56 million Americans struggled to pay for their healthcare cost. Out of this number, 10 million had an insurance cover that assisted in sorting part of the cost. An example is research conducted in 2017 which showed that 45% of the adults that had not taken a medical cover cited the high cost of the insurance as the primary hindrance. It went ahead to state that a more significant majority of this populace were low and middle-income earners. This group forms the largest population of American society and, therefore, highlights the magnitude of the problem.

The statistics above indicate that despite some of the populace having insurance cover to foot most of their medical expenses, the remaining cost was still high. This is the main reason why the government needs to look at its strategies in terms of hiring more nurses. This will ensure that public facilities are staffed well, thus, attracting more of the public that would otherwise go to private hospitals are costlier.