Leading industry experts, researchers and federal lawmakers know that the current U.S. healthcare system is the largest factor that contributes to the U.S.’ current and future fiscal woes. Healthcare costs continue to increase and demographic and other trends show increasing costs will escalate in future years.
Over the past few years Congress has attempted to fix the ailing healthcare system but those attempts have yielded few realistic results. The Justices sitting on the nation’s highest court have decided on the constitutionality of the 2010 Affordable Care Act. In the ruling, the court upheld one of the most controversial provisions, the individual mandate requiring people to have health insurance, is permissible as a tax.
Moreover, all of this is occurring amidst a growing crisis in the availability of about 267 drugs including blood thinners, heart medications, cancer treatments, antibiotics and anesthesia. This crisis has been growing since 2005 when about 61 drugs were in short supply. The American Hospital Association states that 82 percent of hospitals throughout the U.S. believe these delays are life threatening.…