The Effects Of Rising Cost Of Health Insurance

This paper discusses how the rising cost of health insurance will affect a Health Care Administrator’s job. Health insurance is rising every year. With health insurance rising, this is putting a strain on the health care administrator’s. Many people believe that health insurance rising is not a negative at all. But in this paper, it will be shown how rising health insurance does, in fact, negatively affect a health care administrator’s job. There are three sectors described that are affected. Those include, employee attrition and retention, workload, and legality. If the problem of increasing cost of health insurance is not dealt with, many employers will be laying workers off to save money, causing a lot of Americans to be unemployed. This

Jimi Hendrix has just played his first real gig, John F. Kennedy is elected president of the United States (with more votes in the Electoral College and popular vote), and the book To Kill a Mockingbird by Harper Lee is published. Life is pretty good for the most part. But one thing no one is worrying about is basic affordable health insurance. According to Kimberly Amadeo (2017), the average cost of health insurance in the year 1960 was “$146 per person” (2017, para. 1). Nowadays, $146 will not pay for a small check-up visit at a family doctor. Throughout the years, health insurance in the United States has steadily risen and continues to rise every year. This has an impact on many employers, companies, and organizations. Amadeo also states that the average cost of health insurance increased to “$9,990 per person” in 2015 (2017, para. 1). Health care administrators in all fifty states have to battle everyday with increasing health insurance and the effect it is having on their duties. Rising costs of health care insurance will negatively affect many sectors of a health care administrator's

Health insurance was something that America just could not seem to come to terms with. According to Ross (2002), health insurance threatened life insurance companies, so they immediately were not in favor of it (2002, p. 129). Everything and everyone seemed to be against the one thing that should have been a basic human right. According to Beatrix Hoffman (2003), in the 1930s President Franklin D. Roosevelt attempted to introduce a health insurance plan, but the American Medical Association (AMA) was strongly against it. The AMAs one main concern is to maintain union strength, which health insurance threatened. Health insurance seemed like it would never be discussed again. According to Ross in his article titled, “The Committee on the Costs of Medical Care and History of Health Insurance in the United States,” he states, “Due to the increased cost of physicians’ services the expense of medical care was rising” (2002, p. 130). The cost of medical care was increasing, and everyone was in a panic. This was the wake-up call that all of America needed, especially the government, doctors, and employers. According to Morrisey (2013), it was not the 1940s, when President Harry S. Truman would decide to go for universal health insurance, that there would be a change in the medical costs (2013, p. 14). Finally, someone would be attempting to do something about this crisis. After years of pushback,