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Controversy - Essay Example

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It is important for the United States to carefully formulate and proceed to implement policies that will help the country reduce the over 17% of gross domestic…
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Download file to see previous pages... Make Changes to the Tax Code: Congress should look into changing the federal tax code so as to allow individuals to be able to deduct their healthcare expenses in a similar manner to that used by privately insured self employed individuals and businesses. This change will serve to not only give employees the freedom for them to be able to purchase their own insurance but also allow for employers to greatly decrease their overheads which will subsequently result in their being able to offer higher wages. By offering individual insurance coverage that is not tied to employment, it will now be possible for people to keep their healthcare coverage even as they move from one job position to the other or from one state to the other (Feldman, 2001).
Enact Favorable Tort Reform: Despite the fact that medical outcomes within the United States are actually no worse, and are in many way better as compared to other countries it is estimated that about 20% of the United States’ healthcare budget is normally spent on the legal system through court costs, attorney fees, malpractice insurance premiums and defensive medicine (Stark, 2012; U.S. Congress, OTA, 1993). The legal system in the United States is seen to be burden hospital and doctors in a harder manner as compared to legal systems in other countries.
The exorbitant costs that medical practitioners and hospitals are faced with can be identified as being somewhat responsible for the high medical services fees that are charged by hospitals and doctors in their attempts to earn enough money to pay their exorbitant medical malpractice insurance premiums. Setting in-place meaningful caps on the non-economic damages that hospitals and medical practitioners are liable to pay in the event that they happen to face legal action, is widely considered to be the best sout9ion to the current medical malpractice legal awards lottery.
Other measure that can be undertaken to curb this trend is the elimination from the medical ...Download file to see next pagesRead More
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