Rising health care spending is driving a triple crisis in U.S. health care; the disappearance of employer-based coverage; the gradually developing crisis in Medicaid; and Medicare is threatened by rising health costs. The whole system of employer-based health care is dealing with severe costs issues.
There are several reasons for these issues,Is Health Care Spending A Problem? Articles but mainly health care costs at current levels are now so large that companies are cutting costs by reducing coverage or increasing premiums. Unfortunately it is usually both. Eventually, we may see the whole employer health care initiatives go away.
Advances in medical technology, which causes doctors to spend more on their patients because newer services are available, leads to higher insurance costs which a lot of people cannot afford. More individuals are losing their health coverage because they cannot pay the