Health care spending is one of the major issues many countries are facing today, many countries are already spending way more on health care than they can afford, unfortunately the problem is projected to get worse since health care costs are growing really fast and really steadily. Health care spending is a large part of the budget were many developed countries, and none of them really have an answer to how they’re going to handle their health care expenses in the not too far future. While there are many models around the world not of them is a projected good outcome, they’re all just still operating for the time being and that’s just it. The real problems are the medical costs which are going up in an insane rate and there is no real practical answer how to cut these costs.
There are many interconnected factors here; education costs for doctors are really high and before even starting working as a doctor they are already buried in outrageous debts that they have to pay off. In addition all the medical equipment is really expensive both to buy and maintain, there are many requirements and regulations that are necessary to meet in order for the medical petitioner to operate, including buying insurance policies for possible liabilities that can occur during treatments, surgeries etc. And the chain goes on. For the costs to go down every component of this chain needs to be changed completely, which is easy to say that it needs to be changed but practically impossible task to achieve. And this chain is also involved the entire pharmaceutical industry and the prices are regulations for medications. The most prescribed medication in many developed countries is cholesterol-lowering medication, and statins are the most widespread of them. The reason that these medications play a sensible role in health-care costs is because of the chronic conditions associated with them. Cholesterol problems are widespread especially in the United States, many suffer from high cholesterol because of the diet, lifestyle and genetic disposition. While changing diet and lifestyle habits usually helps to decrease cholesterol levels, the decree is usually not enough and many have to take medications to control the condition for years. Another chronic serious problem is diabetes. Diabetes lasts a lifetime and needs to be treated constantly. Many chronic conditions put a huge burden on the health care system and healthcare costs. While there is a trend of choosing healthier lifestyle and healthier diet is not exactly clear how much it will take the burden off of the system. It’s apparent that the problem is very complicated, however, it is also apparent that he needs to be dealt with because not addressing it and pushing it forward the way It is will lead to an inevitable collapse of the world economy and is likely to have grave consequences.
In addition to these complications there are also political gains and corporate gains that stand on the way of improvements. Partisan politics all around the world are really concerned with elections, power grabs, monetary gains and other types of self-gains and hardly are concerned about fixing the issues. Politicians are likely to offer benefits and other entitlements in order to be elected, while they realize that the programs won’t work and there are no funds to pay for them. Entitlements generally are easier given than taken away, and in the current state when there are so many unfunded entitlements it has become impossible to cut down without having civil unrests and revolutions, which is what is being experienced in Greece. Many already believe that the situation has gotten so bad that civil unrests are inevitable. As bad as it sounds that could actually be true, that said we need to prepare for the worst and hope for the best. Before anything can be fixed partisan politics need to end. Politicians are called politicians for a reason and quite frankly it is difficult to believe that they will stop being politicians and start being problem solvers and yet again we hope for the best.