Monday, May 13, 2019

Health Care and the Economy Essay Example | Topics and Well Written Essays - 1000 words

Health Care and the Economy - Essay ExampleThe fact brought out indicates that, even though, the unemployment rime decrease, as ironical as it may sound, many people still lack jobs and in coaction with that, people are unable to sustain themselves in health coverage matters. It is with no doubt that the health care sector is slowly declining because of recession, and this has not only if made the health check coverage of many individuals to be at stake but has also driven many people to withdraw from vital medical insurance services, to save money for different uses.Inflation has become a major issue that is face up the American society especially when it comes to the prices of medicine. In News article done by Rosenthal (2014), states that there has been a significant increase of generic drug prices which has caught the users by surprise. She states that users of medicine such as digoxin redeem started looking for other options other than that, because one would encounter c osts that range from $1000 which is too valuable (para 5). Medicine that is also necessary for the young children for example vaccines have gone up tremendously. It is true that other medicines can be used to treat the diseases, but the most recommended ones are ironically too overpriced though their manufacture price is not high.Inflation of pharmaceutical drugs has left the people who earn downstairs the average income and those who are unemployed, under bad conditions because they end up not buying the medicine that they need, so as to save up on their money. This shows that the tremendous increase in of prices is affecting not only the unemployed but also the employed because treatment is graceful too expensive for people to have to leave a lot of people in debts if they purchase the drugs (Rooney, para 3).Treatment is also becoming expensive, and this has made many companies withdraw their medical covering benefits from their employees but not entirely.

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