Pros And Cons Of The US Healthcare System

Despite of high expenses, superior medical technology, and many failed reform attempts, life expectancy in the U.S. has not increased, and infant mortality rates are fairly high. However, the U.S. healthcare system provides easy access to advanced medical technology and fewer waiting lines. The trillion dollars in yearly expenses only provide newer technology and save patients time, which is crucial in many situations, but these expenses do not ameliorate health among the population (Khan, Salman; Khan Academy). 44th U.S. President Barack Obama also acknowledged this issue. Along with 67th U.S. Secretary Hillary Clinton and former U.S. Senator John Edwards, he enforced a plan that allowed employees to keep their insurance if they changed jobs.

Albeit both have its benefits and setbacks, the both also have qualities a new healthcare system needs. Both of these plans satisfied the needs of the public, such as insurance transfer and low prices. In order to keep those features with our competitive, ever-growing economy and inflation, it might be best to keep spending rates at 20% for some years. With this budget, scientists could still develop new technology. However, doctor’s salaries would have to be lowered. In fact, doctors in the U.S. earn more yearly than any European doctor, yet some European countries offer a better service (Khan, Salman; Khan Academy). Salaries do not have do drastically decrease. Approximately a 5% reduction would set a similar wage to European nations. With more money in circulation, the economy would be stimulated. If the U.S. pays a fraction of their trillion dollar debt in ten years, it would decrease inflation. Then, healthcare per GDP percentage spending should decrease. With a partially paid debt, the government should decrease the amount of money taken from workers in taxes. Citizens would have more money, and the economy would grow. Private industries should be reduced to create less competition and make the difference between prices less drastic. With a public health system, the U.S. Government should lower premiums, allow more graduate students into the research, since money was withdrawn from that area, and allow workers to keep their insurance when they change jobs. Although reforming the U.S. healthcare system seems very unlikely, it would have many benefits. In the long run, technology would still prevail, and research would remain fairly constant. The economy would grow, and more people would be insured, thus increasing overall life