View attached explanation and answer. Let me know if you have any questions.Hello, I have uploaded the assignment before the initial deadline to give you time to ask for any revisions. We still have a day before the deadline. Kindly go through the work as soon as possible. Let me know if you need any clarification.Always happy to work with you again. Feel free to invite me privately for new tasks. Goodbye. Running head: HIGH HEALTHCARE COSTS IN THE UNITED STATESHigh Healthcare Costs in the United StatesStudent s NameInstitutional Affiliation1HIGH HEALTHCARE COSTS IN THE UNITED STATES2High Healthcare Costs in the United StatesExecutive SummaryHealthcare is an important area for every human being. Since every human being facesillnesses or injuries at least once in their lifetimes, they need quality healthcare to improve theirliving standards. Therefore, quality and affordable healthcare are of the essence. Qualityhealthcare involves the provision of the best health services to the people. Since every humanbeing requires quality healthcare, there are certain costs implied. Quality healthcare is driven bynumerous facilities, medicine, and doctors. Therefore, its costs more than other medical services.As a result, high healthcare costs may occur. Increased health costs refer to the situation wherebythe price attached to providing medical services is high. It implies that the value attached tomedical services such as medical tests, therapies, treatment procedures, and the cost ofmedication is high. The paper focuses on the high cost of healthcare in America. The UnitedStates is one of the most powerful countries globally.; It is considered among the best because ofits robust economy and advancement in technology. Due to the progress in the United States, thecost of healthcare is also relatively higher compared to other countries. Therefore, the high costof healthcare is caused by several factors, such as introducing new tests and treatmentequipment, the fall in doctor fees, and the high rates in the payment of physicians in the UnitedStates. Finally, the paper will also discuss possible solutions to increased healthcare costs inAmerica.Problem BackgroundThe cost of health services provided matters because it relates to the people. Thedevelopments in technology and knowledge in the United States imply that healthcare in theUSA is higher. The high cost of healthcare thus poses a new problem to the citizens of theHIGH HEALTHCARE COSTS IN THE UNITED STATES3country. The high healthcare cost is an issue to the people because of the high poverty rate in theUnited States. Poverty is an issue affecting many parts of the world. Despite the developments inthe United States, it is still affected by poverty to a considerable degree. A low-income familycan thus not afford the basic amenities of life such as food, shelter, and proper healthcare.According to the recent census in the United States, many families live below the poverty line(Stebbins, 2020). They make so little despite doing many jobs to earn a living. The facts showthat about twelve percent of women in the United States live in poverty, while about ten percentof men live in poverty (Stebbins, 2020). Moreover, the rate of poverty for people with specialneeds is even higher in the United States. That means that about four million people who aredisabled are considered poor.Poverty affects the United States to a considerable degree affecting people of differentages, from the young, youths, and the old. The ethnicity of th
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