By Dusan Goljic, project manager and medical writer, HealthCareers
Many believe that the US healthcare gives its users what they pay for since it’s famously known as the most expensive healthcare system in the developed world. Unfortunately, coronavirus statistics have revealed how inadequate the healthcare system in the US is and how much money revolves around it.
The Pandemic Exposes Costs
Gloomy facts about healthcare costs in the US became even scarier for the US residents when the pandemic knocked on their doors. It’s almost unbelievable to think that $2.16 billion was spent on hospital care and medical professionals.
If we take into consideration that the money doesn’t come from the rising demand for healthcare services and larger employability, but derives from high costs of services, it’s no wonder that the coronavirus brought America’s healthcare to its knees.
The Root of the Problem
America runs on private health insurance sponsored by various companies, while the government helps those without private insurance via programs, such as Medicare and Medicaid. What’s more, healthcare providers are continuously raising rates for their services. Final result? Coronavirus treatment can cost up to $34,927.
Furthermore, heart disease and diabetes are the most common diseases in the States. These two diseases account for 85% of all costs in American healthcare as they are time-consuming, difficult, and expensive to treat on a day to day basis.