6 Reasons Healthcare Is So Expensive in the U.S

Everyone, regardless of their health status, is impacted by the rising expense of healthcare. Over the past few decades, it has had a negative impact on people's ability to spend money. Because of rising costs associated with health insurance, American workers have seen an increase in their gross pay, but their net income has remained the same. It is imperative that excessive expenditure be reined in immediately in order to assist in the stretching of medical and hospital resources in order to better deal with the pressure being placed on the entire system. 1. Multiple Systems Create Waste: In comparison to the other 10 nations, the United States spends from 3% to 8% of its health care budget on administrative expenditures. 2. Drug Costs Are Rising: When compared to people of other developed countries, the average cost of prescription pharmaceuticals in the United States is nearly twice as high as the cost in those other countries. The cost of medication in the United States is 256 times higher than the average cost in other countries. 3. Doctors and Nurses Are Paid More: 4. Hospitals Are Profit Centers: The costs associated with hospital care make up 31 percent of the total cost of healthcare in the country. In a similar vein, the cost of a cardiac bypass operation in Switzerland is $32,010 while it is $78,100 in the United States. 5. U.S. Healthcare Practices Defensive Medicine: As a result of the shared goal of protecting themselves from legal action held by hospitals and doctors, patients may be subjected to further exams and scans "just in case." 6. U.S. Prices Vary Wildly: For more information, Please reach me out on IG: instagram.com/vidsyt.us Or please contact: vidsyt.us/portfolio