Purchase Solution

Health care cost

Not what you're looking for?

Ask Custom Question

Why does health care cost so much? Does everyone receive the same amount of care?

Purchase this Solution

Solution Summary

The solution is a discussion of factors that affect the cost of healthcare and its effect on the individual's access to care.

Solution Preview

Hope this helps you understand how health cost works. Let me know if you still have doubts.
Thanks for using BrainMass.

Health cost depends on multiple and complex variables. The first one to consider is the economy in general. The same way the economy affects the cost of living, it affects health care cost. With the down fall of the economy, came rising cost of the health care premiums. The Kaiser foundation reported that "Family Health Premiums rose up to 5 % as inflation fell nearly 1 percent" (Palosky, Singh, Ducat, 2009, Sept 15¶ 1).

Although this may seem a contradiction, the majority of the health care insurance income depends on the plans offered to the employers; as the economy fell, people loss jobs translating into less income for the insurances. This forced the rise in premiums. It also translated into higher cost to the individuals who where changed to cost sharing plans to compensated the fall in income (Palosky, Singh, Ducat, 2009, Sept 15). Since the US healthcare market is not regulated nor ...

Purchase this Solution


Free BrainMass Quizzes
Vitals about a Patient's Vitals

Basic questions about blood pressure and measurements.

Crohn's Disease

How much do you know about this condition?

Labor and Delivery

Do you know about the stages of delivery? Find out with this quiz!

CPR (Red Cross Standards)

Are you up to date on your CPR skills? Find out if you know what to do in an emergency with this quiz.

Stress Continuum

All humans experience stress and a certain level is motivating for learning. However, a high level of stress for prolonged periods of time may have a negative impact. This information focuses on the four stages of stress. Understanding stress assists in maintaining a healthy level.