Question

Please write 4 paragraphs with each paragraph containing 50-60 words.

4. Healthcare prices are not, and perhaps should not be, set like prices in other industries. How are healthcare prices set as compared with how automobile prices are set?

Answer 1

Healthcare services ought to be reasonable and accessible to all the individuals. In any case, the incongruity is, it is the most costly help in America. Medicinal services is extravagant in America in light of its unavoidable privilege mentality which is held actually by everyone in the framework - patients, suppliers, providers, and guarantors. Government protection (Medicare, Medicaid, veterans, Department of Defense) nearly covers 87 million individuals. Tax reductions sponsor 176 million in boss inclusion. Safety net providers and other outsider payers deal with the bills for 85 percent of Americans.

Firstly, there is always a very little awareness to the patients on the costs. Say for example, full cost or value of medical treatment on the part of consumers or providers, and little opportunity for individuals to choose their own coverage or make informed decisions with their doctors about treatment.

Secondly, health bill will add another entitlement to existing bill plans by providing a large subsidies to millions of people without addressing the cost drivers except in demonstration projects that might pan out in a decade. Charges, which pay for about portion of the change, don't diminish wellbeing spending they empower all the more spending.

In other industries, problems do not crop up as frequently as problems crop up in health. In case of automobile industry, problems come up in a vehicle only after a certain time and once the problem comes to surface, the root cause of the problem is analyzed but not the symptom. If the problem still persists, then vehicle will be sold. But in case of healthcare, health gets deteriorated after a certain age. I that case, there will be frequent need of the medication. Unlike automobile sector, health sector needs frequent visits hence the cost of health care is very expensive.

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