The rising cost of health care in the united states Essay

The rising cost of health care in the united states - Essay Example With this type of healthcare cost the average person whether they are single or within a family will not be able to afford healthcare unless something is done to help them. Ginsberg cites several key factors in the rise of healthcare: This information is significant because of the many healthcare problems that are creating denials from insurance companies for the average American if they have a condition that the insurance company does not want to cover. Merrill Matthews, Executive Director, Council for Affordable Health Insurance, states that there are many reasons why healthcare is expensive. He states that the high cost of technology is one of these reasons. Many doctors upgrade their equipment and the more they do this the more expensive the healthcare is for the individual who needs it. In many cases like LASIK or bariatric surgery patients have to pay out of their pockets to get care. When they pay out of their pocket they expect more but when they are receiving healthcare that someone else pays for they tend to use more of it (par. 6). Reinhardt suggests that the administrative overhead that most hospitals and clinics have is really what is driving the cost of healthcare higher. In his article he quotes The McKinsey Global Institute study that found that administrative cost and health insurance was 21% of this higher cost; this translates in 2008 to $150 billion (par. 4). This report also said that 85% of the higher cost can be attributed to private insurance companies. The New York Times had a different opinion about the high cost saying that it was none of the regular things that people think like the aging of baby boomers or the high cost of drugs to treat disease: it is because the United States is wealthy. This editorial states that Americans use more specialists than other countries and that the specialists overuse some things like CAT scans and M.R.I machines ("The High Cost of Health