Health, Medical Care, and Economic Crisis

Essay by thessiabUniversity, Master'sA, May 2010

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Health, Medical Care,

and

Economic Crisis

The article I read about went straight to the heart of the Health, Medical Care, and Economic Crisis we are currently experiencing. The worldwide economic quandary has had an extraordinary impact on national economies and household finances worldwide. What is the force of such large distress on individuals and their behavior, especially on their willingness to seek routine medical care? With the great impact numerous Americans decreased their use of usual medical care, which is in direct association with the economic distress brought on by the universal financial catastrophe as measured by wealth loss and unemployment.

The reduction in medical care usage by Americans addresses behavioral changes that reflect the national awareness broadly: The economic crisis in the United States has affected the population at large, perhaps through negative prospect about the future. The main issues that have to be addressed are that people not going to the doctor end up getting sicker and sicker and eventually die from a treatable illness.

The reduction in health-care use by people losing their job; suggests seeking care requires not only out-of-pocket expenses, but also costs of time away from work or job hunting. Reductions in routine care today can lead to unobserved illness tomorrow and reduced individual health and well-being in the distant future.

In my readings I found the direct parallel in the cost of healthcare and people seeking care. The more money that a consumer has to spend to go to the doctor keeps them from getting the care they need or the medication that will keep them healthy. The economic times have caused many families to lose members to treatable illnesses. Additionally, more and more people are ending up in emergency rooms due to the rising costs associated with prescriptions.