High Costs of Healthcare Research Paper Example | Topics and Well Written Essays - 1000 words

High Costs of Healthcare - Research Paper Example Anderson’s (1997) theory organizes the healthcare system as per the contribution of government and private agencies in the healthcare delivery. The level of participation of the government and nongovernment agencies in the financing and organization of the healthcare modules determine their position on the continuum. In the US, the healthcare is market driven and the various modules, even the essential ones like insurance, accessibility etc are treated like commodities. In the fast-changing environment of globalization and technological advancement, the healthcare system of the US has come under a lot of stress from various factors. Hence, academicians and scholars have placed the US Healthcare system at the market-maximized extreme of the Anderson continuum. The general downtrend in the management and delivery of health  is a major issue which, if not tackled soon, may boomerang on the government with serious consequences. The needed reforms, therefore, require a careful consideration to all the various pros and cons of the developing situations in the concerned areas of the public health care. The various agencies, government and nongovernment are required to come together to formulate strategies and policies for the legislative reforms that need to be implemented. The market maximization and the competitive business rivalry have resulted in the low quality of the healthcare in the United States. In the market-driven health system, consumers or people decide what goods (health module) to buy and at what cost. Therefore, the prices and the level of services become the crucial factor in the exchange of goods or the healthcare services.