The Financial Aspect of the US Medicine

Medicine in the United States is a priority area of ​​government interest. Enormous funds are allocated annually for the development of this sector. The profession of a doctor is very honorable and attracts a large number of people. Since 2013, salaries in this segment have only been growing steadily.

Among highly qualified specialties, doctors are the highest paid. Not surprisingly, the industry will employ more than ten million people by the end of 2022. The family sector and hospitals receive the most government funding now.

US healthcare costs are among the highest in the world. The state spends more than $8,000 per person annually. The cost-to-GDP ratio per capita is 16.2%. It should also be noted that the representatives of the United States in total receive the most Nobel Prizes in Medicine.

To begin with, it is necessary to pay tribute to the technical equipment of the entire industry. The healthcare system conducts its activities using the most advanced technologies, which directly receive huge funding from the country’s budget. All this helps medicine in the United States to maintain its high level. Doctors have a strong lobby in the government sector. Thanks to this, all bureaucratic issues are resolved quickly, whether it is the need for equipment or innovative technologies.

The doctor is one of the most prestigious professions, which is reflected in wages and social status. However, it should be borne in mind that it is very difficult to get into a medical profession in the USA. First, you need to get a Bachelor’s degree and then graduate from a medical college. The cost of education is very high. It is more than 25 thousand dollars a year. Students can also easily get a loan for studying in the medical sector. There are special loan programs and other ways to support young doctors.

Medical insurance

Approximately 94% of people in the US have health insurance. Many people have insurance that covers all family members. This allows you to save a lot on medical care. If for some reason, there is no insurance, a single visit to the doctor will cost $120-160. This leads to the fact that people without health insurance almost do not visit doctors.

An increase in the number of patients without an increase in treatment budgets leads to the fact that each doctor takes on a greater burden. Consequently, the cost of treatment is not compensated, and doctors start working noticeably worse over time. We only hope that the internal system for monitoring the quality of service and treatment will allow for regulating these issues.

The last important aspect of US medicine is its close connection to the state. The fact is that after graduates of a medical college have completed their studies, they can enter an internship in any medical institution that needs interns. This means that regardless of qualifications, doctors will settle in the states with the highest levels of wages. Over time, this situation can lead to the fact that the regional healthcare system may simply collapse due to a lack of qualified personnel.

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