Tuesday, February 7, 2017
Revised conclusion paragraph
The aim of
this paper has been to examine the health care costs of non-profit and for-profit
hospitals in the United States. In particular I have surveyed the effects of
decreasing co-payments under each system. As the tables show, in non-profit
hospitals, costs increased by 4.8%, whereas in for-profit hospitals, increases
were almost six times as high, amounting to an average of 24.7%. Taking these
appalling numbers as statistical evidence for an implicit discrepancy regarding
patient treatment, I have suggested a link between reduced co-payments and an
increased proportion of tests ordered by physicians who work in for-profit
hospitals. Several indications have led me to formulate this hypothesis,
including a vast number of cross-referenced studies that have already been
conducted in this area, according to which cost containment may prove very
difficult in a free market economy. However, while the findings presented in
the present paper seem to support the abovementioned claim, they are still to
be considered somewhat provisional at this stage. Important factors such as
patient income, age, and level of satisfaction with the health-care provider
have not been taken into consideration yet. Further research is thus strongly needed
in order to arrive at more precise data that may allow for a profound
evaluation of these crucial findings.
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