National Health expenditures - Assignment Example

National Health Expenditure Introduction According to figures from the CMS, the expenditure on public health has beenrising tremendously since the 1970.Interestingly, it is anticipated that the amount allocated to public health is expected to grow with an increase in GDP. The National Health Expenditure statistics indicate that government spending on service categories has also has increased as well. The expenditure on Personal Health Care has risen sharply since the 1970s.As at 1970; more than $300 billion was spent on Personal Health Care.

By the year 2013, expenditure on Personal Health Care had reached about $7,826 billion. Similarly, the net cost of health insurance steadily rose from $2.6 billion in 1970 to $210.6 in 2013.Furthermore, the government expenditure on public health activities $1.4 billion in the year 1970 (CMS, 2007).Examination of Expenditure Based on the National Health Expenditure figures, the value also increased to $75.4 billion by 2013.In addition, the Federal government has also increased its allocation in making the investment in the health sector.

In 1970, the Federal government spent $7.8 billion in health investment. In 2013, a staggering $164.6 billion was allocated towards making new investments in the health sector (CMS, 2007).The percentage of GDP spent on NHE has been fluctuating from time to time. In some instance, the percentage change in GDP was negative and in some cases it was positive. In the year 1991, the percentage of GDP reduced sharply with a margin of -8%. In 2009, the percentage increase in GDP was the highest reaching the mark of 5.

8% (Hennessy et al., 2007).Figure showing percentage of GDP (1970-2013)Source: (CMS, 2010).The NHE per capita has improved from $356 billion from 1970 to $9,255 billion by the year 2013.In 2001, the NHE per capita significantly increased by $451 billion. Source: (CMS, 2010). According to the figures presented above, the analysis indicates that the government has been increasing funding for the purposing of improving quality health provision. One of the core mandates of the Federal government is to provide accessible medical care to its citizens.

The federal government has ensured that it provides quality and available medical attention. Furthermore, the emergence of deadly diseases such as cancer that is most prevalent in most developed countries, the need to invest in medical care has been necessitated (CMS, 2010).Medical Care Service Changes The prices of medical care coverage have been relatively affordable. Affordability of care services has been made possible with the Federal government commitment to invest in the public health sector.

Since the government expenditure in medical investment, medical services have been made affordable. The Federal government has promoted the creation of new national hospitals in a bid to ensure there is the accessibility of medical care. In addition, the funds allocated to improve existing medical facilities have been sufficient given the allocation made every year. However, there have been increases in health cost due to economic factors such as inflation. Furthermore, treatment for a particular disease is very expensive because some of the medication processes are very complex.

For instance, treatment of cancer patients is very expensive something that possess a threat in NHE (Jacobs et al, 2010).ReferencesCenters for Medicare and Medicaid Services (CMS), HHS. (2007). Medicare program; changes to the hospital inpatient prospective payment systems and fiscal year 2008 rates. Federal Register, 72(162), 47129.Centers for Medicare & Medicaid Services (CMS), HHS. (2010). Medicare and Medicaid programs; electronic health record incentive program. Final rule. Federal register, 75(144), 44313.

Hennessy, S., Leonard, C. E., Palumbo, C. M., Newcomb, C., & Bilker, W. B. (2007). Quality of Medicaid and Medicare data obtained through Centers for Medicare and Medicaid Services (CMS). Medical care, 45(12), 1216-1220.Jacobs, J. P., Edwards, F. H., Shahian, D. M., Haan, C. K., Puskas, J. D., Morales, D. L., & Grover, F. L. (2010). Successful linking of the Society of Thoracic Surgeons adult cardiac surgery database to Centers for Medicare and Medicaid Services Medicare data. The Annals of Thoracic Surgery, 90(4), 1150-1157.