How Does the US Healthcare System Contribute to the Financial Burden on Older Americans?

The United States healthcare system has long been criticized for its high costs and lack of affordability, especially for older Americans. It is often highlighted that the primary factor driving these costs is not about providing care but about maximizing profits. For those who have experienced firsthand the financial strain of healthcare in the US, it only serves to illustrate the stark reality facing many elderly individuals and their families.

Invitations from National Standards Organizations

During my interactions with the US, I was fortunate enough to be invited to the United States by the National Standards Organization, Health Level Seven, on three separate occasions. This was a significant honor, and it provided me with a unique opportunity to observe the intricacies of the US healthcare system. However, these visits also highlighted the challenges faced by many older Americans.

On my first visit, I became ill unexpectedly and fortunately was rescued by my in-laws. This incident underscored the precariousness of the healthcare system and the financial burden that can be placed on individuals and families. Chronic conditions and unexpected illnesses can lead to substantial medical bills, which can be financially devastating for older Americans.

On subsequent visits, I was able to visit the historic sites of Gettysburg and Antietam. These visits reinforced for me the importance of the healthcare profession and its role in maintaining the Union, symbolized by Gettysburg, and the sacrifice made by soldiers, symbolized by Antietam. The healthcare system, however, often seems to prioritize financial gain over human well-being.

A Profit-Driven System

The US healthcare system is primarily driven by profit, not by the needs of patients. This profit-driven approach places a significant financial burden on older Americans, who already face numerous healthcare challenges due to age and age-related health conditions.

The high costs of medical procedures, hospital stays, and prescription drugs can quickly deplete the savings of older individuals. Surprise extra charges and lack of transparency in billing further exacerbate this issue, leaving many older Americans struggling to manage their finances.

Case in point, during one of the visits, I was informed that the cost of a routine medical procedure was exorbitant. When I inquired about the charges, the explanation was muddled and confusing, leading to surprise extra charges that were not outlined in the initial estimate. This lack of transparency is a common issue in the US healthcare system, and it contributes to the financial stress faced by older Americans.

Political and Military Context

During the American Civil War, Abraham Lincoln's administration faced the dual challenge of political and military concerns. Lincoln had to be incredibly cautious in his decisions, balancing the interests of various groups and maintaining the stability of the Union. Similarly, the current US healthcare system needs to address the dual challenges of affordability and quality of care, without losing sight of the well-being of older Americans.

During the war, Lincoln initially turned to General McClellan, but eventually, he embraced General Grant, recognizing the need for a strong and unyielding leader. In the same vein, the US healthcare system needs leaders who prioritize the financial burden issues affecting older Americans and ensure that care is accessible and affordable.

Conclusion

The US healthcare system's focus on profit rather than patient care contributes significantly to the financial burden faced by older Americans. High costs, lack of transparency, and surprise charges create a challenging environment for many, particularly those with limited financial resources. It is imperative that stakeholders in the healthcare system, including policymakers, healthcare providers, and insurance companies, work together to address these issues and ensure that the system serves the best interests of all patients, especially the elderly.