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What has caused this cost increase? Much of it is due to a riddled health care system of excessive administrative expenses, inflated prices, poor management, inappropriate care, waste and fraud. These problems significantly increase
cost of medical care and health insurance for employers and workers.
On
other side of
cost issue there is
recent development of new effective medications for a variety of illnesses. Such newer "brand name" medications are patent-protected and cost far more than generic medications.
The drug industry argues that
higher cost of new medications helps fund research and development of even newer medicines. Many critics argue that much of
research and development of pharmaceutical products is actually government funded.
Also contributing to
cost increase is marketing. As this is 30% of a drug manufacturer's budget. Brand-name U.S drug makers were reported to employ 81% more people in marketing than in research and development of much needed drugs.
Policymakers and government officials agree that health care costs must be controlled. But they disagree on
best ways to address rapidly escalating health spending. Some favor price controls and imposing strict budgets on health care spending.
Others believe free market competition is
best way to solve
problems but if people can’t afford it, how will they protect themselves and their family?
Well there is something you can do and that’s become apart of
solution and not
problem by learning more about our troubled medical industry. Visit http://www.medicalcardsavings.com and sign up to our weekly ezine and receive our Free ebook for complete details and answers to these questions and more.

President & CEO of Medical Card Savings USA - Save 80% on Dental, Medical, Prescriptions, Vision & Chiropractic Care. Everyone Covered with Instant Nationwide Savings. ------------------- Share our articles with others for cash and subscribers. For details Visit http://www.medicalcardsavings.com/ezinepublishers.html