Week One Discussion 1DQ
Why does cost containment remain an elusive goal in US health services delivery?
Cost containment remains and will remain an elusive goal in US health services delivery for a variety of reasons. A few of the most impactful reasons are because our health care system lacks a central agency to govern the system, private entities seek profits, and the problems associated with “duplication, overlap, inadequacy, inconsistency, and waste” (Shi & Singh, 2019. p. 4). Standard cost containment methods are not adequate in our functionally fragmented system. The US does not have one central agency that governs health expenditures and resources. Instead, we maintain mostly a private system for funding and delivering health care. Due to this predominantly private system, the US is unable to utilize global budgets as a cost control method. Private entities such as third party insures and payers negotiate prices with health providers.