For decades, one of the many externalities that the government has been trying to solve is the rising cost of healthcare. “Rising healthcare costs have damaged America's competitiveness, forced too many families into bankruptcy to provide their families with the care they need, and increased our nation's long-term deficits” (“Deficit-Reducing Healthcare Reform,” 2014). The U.S. national government plays an important role in organizing, overseeing, financing, and, more than ever, providing health care (Jaffe, 2009). Although the government does not provide health care directly, it serves as a financial agent for publicly funded health programs through taxation of citizens. The total share of national health spending financed by public funds by various governments amounts to 4% of the nation's gross domestic product, GDP (Jaffe, 2009). By 2019, government spending on Medicare and Medicaid is projected to increase to 6% and 12% by 2050 (Jaffe, 2009). The percentages, documented by Jaffe's Health Policy Brief (2009), come only from Medicare and Medicaid. The rapid rates are not due to increased enrollment but to the growth in per capita costs of providing health care, particularly through Medicare. New Proposal While studying the various proposed and denied reforms, both the GOP and Democrats attempted to find a balance that would ensure the success of their proposals. Years of research, growing ideologies, political opinions and contempt for the country's constitution have triggered a number of alternatives to solve the country's healthcare spending. US healthcare dollar spending is primarily due to hospital reimbursements, which account for 30% (Longest & Darr, 2008). While searching for alternatives, the gr... paper center... will need to provide nutritional data to help communities as a whole become healthy or continue their healthy habits. This means the economy will have fewer people covered by government-sponsored health plans. The amount of coverage needed to cover all the uninsured will not be enough. According to Daniel Fisher (2012), the laws in place provided coverage to the poor, the elderly, and even the approximately 60% of Americans who obtain their insurance through their employer. The sole purpose of healthcare reform is to solve a problem that costs enormous amounts of money every year. The health care reform law aims to solve the economic problem of people simply staying at work so they can continue with insurance coverage. The rising costs and complexity of healthcare systems is an imperative factor that should concern both businesses and individuals
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