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The cost of healthcare has become a barrier to the quality and accessibility of healthcare in the US. According to the statistic healthcare in the US is about twice expensive when compared to any other developed country. This is caused by huge administrative costs in healthcare systems, which is astronomical and which causes the affordability of services quite impossible for citizens who don’t have enough cash. The cost of drugs in the US is also much higher. Most developed countries control healthcare costs by engaging the government in negotiating prices for healthcare. This means that they can negotiate lower medical equipment, lower drug, and hospital cost. Health insurance has also turned to be expensive compared to Canada and most of the countries in Europe where the government provides universal healthcare as a basic level where anyone can afford it. Basic insurance coverage in Florida and California costs $450 per month, and similar plans in New York would cost up to $600 per month. The US, on the other side, lacks political support from the government, and there are no policies to ensure regulated healthcare costs.

Wages and work rules in US healthcare systems have been driving up healthcare costs. Specialists are claiming high reimbursements. The National Commission on physician payments reform had tried to fix the problem based on its report in 2013. However, the recommendations have not brought any tangible policy outcomes. In a nutshell, the state reliance on the health insurance model has increased administration costs. For example, the US private doctor’s office consumes at least 11% of their revenue. This is due to the fact that there are so many types of payers, and universal healthcare does not exist. Relying on private corporate insurance has related to healthcare inequality in healthcare systems.

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