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Monday, August 26, 2019

An Analysis of the US and Australian Health Insurance Programs Research Paper

An Analysis of the US and Australian Health Insurance Programs - Research Paper Example Many scholars have compared the two health insurance systems and found surprising data that is of concern. The statistic shows that Australia spends an average of 8.7 percent of its GDP on supporting health and this covers all residents in Australia irrespective of their employment status (Coory). The American government, on the other hand, spends 17.6% of its GDP on healthcare (CMS) and this is far much more than any industrialized country and 47 million citizens still lack health insurance while millions of others are underinsured (Mascarenhas). This is a damning statistic which asks for a deeper analysis. The second issue is that the American Medicaid program only covers those above the age of 65 while the rest have to look for alternative private health treatment (Mascarenhas). On the other hand, the Australian one covers all the individuals including the well-off in society who are entitled to subsidize medical cover with the government paying a certain percentage of it (AHS). Although the Medicaid program is available in the US to cater for the low-income earners, their exist restrictions on who is eligible for that kind of health care program. This leaves most of the population uninsured with many opting for private treatment which is costly and most are unable to afford these costs (HJK). Although there exist some strength s associated with the US Medicare program it is still way back below the Australian Medicare program that covers everyone. The strengths lie in the short waiting time for surgery patients and other patients with chronic complications (Mascarenhas). On the other hand, the Australian program has a long waiting list and this is one of its problems. Despite all, it is better to wait for a long time and be served than to be completely denied the service. The greatest strength in the Australian program is affordability and access and this is lacking in the American programs (DHAC).

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