U.S Healthcare System

The U.S. healthcare system is influenced by shifting political climate, constant economic development, rapidly evolving technological innovation, diffusion and social values, demanding workforce issues, and demographics trends. Also, the U.S. system differs from other countries’ systems on many dimensions, such as lack of a central governing agency, limited coordination, high cost but only yields average health outcomes, imperfect market conditions, the dominant private sector market, multiple organizational forms and players, and the conflict between market goals and social justice. The concern over the economic future of healthcare delivery system revolves around three broad issues: cost, quality, and access. Gaps in coverage, combined with the upward trends in medical care spending over the past several decades, add to the commonly-held belief that the U.S. healthcare delivery system is in crisis. As a final project, prepare and submit a scholarly paper that discusses the following: Describe the economic foundation of the U.S. healthcare delivery system and the role of economics in healthcare. Compare and contrast the use of various economic models to explain the role of economics in healthcare and how the concept of the market equilibrium works in healthcare. Assess the role of production of health and demand and supply for medical care and health insurance, and relation of income and the demand for healthcare. Compare the economic benefits and challenges of individual versus population health. Assess the international comparisons of health among the United States and other developed countries (cost, quality, access to care, and any other relevant measure). Double-spaced, and A minimum of 6-8 pages in length (not including cover and reference pages). Make sure you include headings, per APA guidelines. Include a minimum of 10 current and credible sources. Five of the sources must come from peer-reviewed journals. Sources should be adequately chosen to provide substance and perspectives on the issue. References: Arah, O. A. (2009, August 1). On the relationship between individual and population health. PubMed Central (PMC). https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2698967/ Cheng, T. (2015, August 3). How income influences our healthcare decisions. World Economic Forum. https://www.weforum.org/agenda/2015/08/how-income-influences-our-healthcare-decisions/ HealthITAnalytics. (2017, July 19). How Do Population Health, Public Health, Community Health Differ? Kamal, R., McDermott, D., & Cox, C. (2020, June 15). How has U.S. spending on healthcare changed over time? Retrieved from https://www.healthsystemtracker.org/chart-collection/u-s-spending-healthcare-changed-time/#item-nhe-trends_average-annual-growth-rate-of-gdp-per-capita-and-total-national-health-spending-per-capita-1970-2018 Nitya Saxena, Prabal Singh, & Abhishek Mishra. (2019). A qualitative comparative analysis of healthcare Supply–Demand side barriers under the publicly funded health insurance scheme in India. Indian Journal of Public Health, 63(4), 318–323. ODPHP. (2020). Determinants of Health | Healthy People 2020. https://www.healthypeople.gov/2020/about/foundation-health-measures/Determinants-of-Health Pauly, M. V. (2018). The Business of Healthcare and the Economics of Healthcare: Shall Ever the Twain Meet? International Journal of the Economics of Business, 25(1), 181–189. Peter G. Peterson Foundation. (2019). How Does the U.S. Healthcare System Compare to Other Countries? Pgpf.Org. Price, G. (2018, July 23). U.S. Health Outcomes Compared to Other Countries Are Misleading. Forbes. https://www.forbes.com/sites/physiciansfoundation/2018/04/09/u-s-health-outcomes-compared-to-other-countries-are-misleading/#686afc551232 Ridic, G., Gleason, S., & Ridic, O. (2020, July 8). Comparisons of Health Care Systems in the United States, Germany and Canada. PubMed Central (PMC). https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3633404/ Tikkanen, R., & Abrams, M. K. (2020). U.S. Health Care from a Global Perspective, 2019: Higher Spending, Worse Outcomes? | Commonwealth Fund. Commonwealthfund. https://www.commonwealthfund.org/publications/issue-briefs/2020/jan/us-health-care-global-perspective-2019