5 Reasons Why Healthcare Is Expensive in the US

​Healthcare costs in the United States is double the amount of healthcare costs in other developed countries. This is the prime reason why healthcare insurance in the said country is undoubtedly expensive. But what is really in the US' healthcare that marks insurance coverage at an unreasonable price? Here are the top five answers to that question:

1. Higher administrative costs
   About a quarter of the healthcare total costs is due to high administrative costings. One example is the concern in the National Public Radio 2010 that the Duke University Hospital is billing 1300 clerks for only 900 beds. This only means that a large portion of your fee is allotted to hospitals’ administrative body.
   
   
2. Higher and non negotiable prices of drugs
   The US is not like any other developed country that negotiates or bids drug prices to manufacturers. One of the reasons is the creation of Medicare Part D by the Congress, prohibiting Medicare to negotiate drug prices they will get. This is a burden to insured individuals since they are forced to pay the amount of the drug prices without getting discounts. 
   
   
3. Effect of branding
   People believe that no amount will constitute the betterment of your health. Hence, there are healthcare providers who hold the same principle by continually increasing the cost of healthcare for their branding. In short, prestige and popular medical institutions or brands can name the price they want.
   
   
4. Specialist command higher pay and more mixed treatment
   Health care specialists in the US preferred more advanced and mixed treatment, although the traditional and simple ways can be used to the patient. Accordingly, the US has three times more records on the use of mammograms, two and a half on MRI’s and about 31% more on Cesarean sections. In comparison to other developed countries, health care units in the United States also charged higher on bills. 
   
   
5. Running of several tests
   Doctors are afraid to get sued on wrong diagnosis and prescription. That is why US doctors run several tests before finalizing the findings, even though they are already certain of the possible illness of the patient. Apart from being time-consuming, this method takes tons of money from your insurance.

At Roper Insurance Services, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (828) 697-6709 or Click Here to request a free quote.