Chapter XVIIA & B F.Y 2013-14 Prepared by : CA Janki Tiwari.
By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.
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Transcript of By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.
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By Janki Shah and Ella Teplitsky
The High Cost Of Health Care in New York State
![Page 2: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/2.jpg)
Background/Evidence• In 2008, the U.S. spent $2.4 trillion or 16%
of gross domestic product (GDP), on health care.
• This is approximately $6,500, per person, annually
• U.S. spending on health care is greater than any other industrialized nation.
• However, greater cost, doesn’t necessarily mean greater quality.
• Currently there are approximately 45 million uninsured Americans nationwide
![Page 3: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/3.jpg)
Negative Effects for High Cost of Health Care
• About 1.5 million families lose their homes due to foreclosure high medical costs
• Uninsured put pressure on public resources because when these patients seek care in the ER and public clinics, taxpayers ultimately foot the bill.
• Uninsured are more likely to avoid routine preventative care.
![Page 4: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/4.jpg)
Negative Effects for High Cost of Health Care
• Employers decrease wages due to the high costs of coverage for their employees.
• Families are burdened with high medical bills because the price of coverage (premium) increases
![Page 5: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/5.jpg)
• Physician doctors earn 2-3 times as much as physicians in other industrialized countries
•
Causes of the Societal Problem
![Page 6: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/6.jpg)
![Page 7: By Janki Shah and Ella Teplitsky The High Cost Of Health Care in New York State.](https://reader035.fdocuments.net/reader035/viewer/2022081519/56649e2d5503460f94b1d948/html5/thumbnails/7.jpg)
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