Unlike in India, In US it is because of the welfare scheme coverage to every citizen such as MEDICARE, MEDICAID. The reliability coverage for the access and benfit such as through Physician appointment booking, transcriptions services, medical billing service etc., has to be covered
Any country wants to take care and have concern in its people health, the cost of healthcare would be high. This ncludes United States and all other countries do the same.
We live,at present, in a materialistic capitalist world in which success is measured by making profits & increasing these profits.It is sad that the human suffering due to various diseases is utilized in a wrong manner. Look around & you will see hospitals turning into businesses, pharmaceutical industries becoming huge profits makers, and even a number of medical doctors buying lands & buildings. Humans are not under mercy when they are at their lowest point of weakness when they are ill.
Unlike in India, In US it is because of the welfare scheme coverage to every citizen such as MEDICARE, MEDICAID. The reliability coverage for the access and benfit such as through Physician appointment booking, transcriptions services, medical billing service etc., has to be covered
Dear @Satyabrata, as I left USA more than 30 years ago after my studies, I am not aware of high healthcare cost, but such cost was high also then. As I am not an expert in the field, I have tried to get you a good answer from good resources. "U.S. In fact, they have been blamed by many critics for the U.S. leading the world in healthcare expenditures. A close examination of the data indicates that this blame is misplaced. Something else is revealed by digging deeper into the key components in healthcare spending: Technology, administrative expenses, hospital costs, lifestyle choice and chronic disease conditions have all had greater impacts on rising overall healthcare costs than physicians...."
http://www.forbes.com/sites/physiciansfoundation/2013/10/03/whos-to-blame-for-our-rising-healthcare-costs/
Thank you gentlemen for your deep analysis. What I am getting from our discussion, one side is monopoly business other is high price for various services.
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