Increased Cost of Healthcare in the United States (Research Paper Sample)

Increased Cost of Healthcare in the United States Name Institution Affiliation Course Professor Date Increased Cost of Healthcare in the United States The high cost of living has become a significant health issue in the U.S. The healthcare problem has immense implications for the country's individuals, communities, and healthcare providers (Cawley et al., 2021). As a result of the issue, the country has experienced a significant rise in medical services-associated expenses and health insurance premiums. The citizens thus experience less accessibility and affordability of healthcare. This problem may directly impact healthcare work settings such as hospitals and clinics. For instance, budget constraints in the area may result in insufficient resources, staffing problems, and limitations in adopting new technologies for improving care delivery (Botezat et al., 2024). Additionally, patients with inadequate insurance coverage experience delays when seeking medical care. As a result of this high cost of healthcare-related challenges, more severe health issues and high strain for people seeking emergency services may emerge. The issue can be linked to various social determinants such as socioeconomic status, education level, and employment status. These factors impact an individual's ability to afford healthcare services (McMaughan et al., 2020). The problem can also be exacerbated by the lack of access to affordable housing and reliable transportation means. These factors lead to higher healthcare costs in the long run. As a measure to react to the increased cost of living, different U.S healthcare work settings have adopted various strategies to combat the effects; for instance, value-based care models have been introduced. These models have transitioned from fee-for-service to value-based care (Harrill & Melon, 2021). This shift aims to enhance patient outcomes and minimize the costs of the services. Moreover, telehealth services have been implemented. The expansion of this new strategy has led to the realization of cost-effective choices for routine consultations and appointments for following up on patients receiving healthcare services. The measures are focused on reducing the burden on physic...