The Growing Importance Of The Healthcare Industry
Health care is the general term used for the entire sphere of prevention, treatment and cure of sickness and disease using the facilities of medical experts and resources. Still, The WHO believes the meaning should also incorporate all related industries and be a service available to everyone irrespective of who they, which means people as well as whole groups of people. Jointly, this provision of medical services would be known as a healthcare system.
Early before the phrase health care was common, the English speaking nations called it just plain medicine or more commonly the health sector but it still meant the provision of a health service to treat and cure sickness and disease. Most developed and even developing countries have a system of health care for all to cater for those who cannot pay. Of course the first country wide healthcare service begun in the UK in 1948 and was called The National Health Service being the first to be organized and funded by the administration.
In Italy, they have a system that works by making everyone pay into a government funded insurance scheme which The WHO consider the second best healthcare system in the world. Canada and Australia have both begun similar systems and have been running since 19.6 and the 1970’s respectively both going by the name of Medicare. These systems are almost opposite to the systems currently provided in American and South Africa although there are huge changes taking place in the system used by South Africa. Health care professionals are dedicated to preventing illness and disease principally, but also to treat and protect the long expression health of their patients.
Over a relatively short period of time, the healthcare industry has become one of the fastest growing in the world with an average growth rate of just over ten percent of the gross domestic product of many developed countries and is still growing, playing a huge role in the domestic economies of most countries. Although in 2003 the healthcare costs paid to across the entire healthcare system, consumed 15.3 percent of the GDP of America, the biggest of any country in the world and is anticipated to reach almost twenty percent of GDP by 2016.
Currently in the United States over one hundred eighty million citizens are looking for healthcare and it will be no surprise to learn that it is top of all concerns for those in and seeking employment. The costs of health care in The United States have risen so much that General Motors had looked at filing bankruptcy due to the increasing health care costs wearing down its auto manufacturing division. Luckily it didn’t happen after some concessions and compromises made with the unions but it does show how something like this can have an effect on even the largest of companies.
Health care has become an extremely important issue to Americans one which employers must address to a work force which demands better healthcare benefits. Perhaps the situation needs to be looked at from a different angle, one in which people are promoted to stay fit and healthy as societies in general see a decline in the health of its populations.
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