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Health Care Spending Policy
Health care spending continues to rapidly rise in our nation and shows no means of slowing down in the near future. Health care in our nation is labeled as a crisis because the cost of care is steadily outpacing the economy which puts a burden on families, businesses, and the public. The cost of care is rising at a rate that will exceed the average income and cause devastating effects on the public because of the inability to afford care. This issue brings tremendous stress to families that are working to survive in our nation and have to worry if they are financially able to afford care if needed. The health care expenditure data for our nation must be examined to identify where we can safely provide cuts to the cost while continuing to provide quality care. An important aspect of cutting costs is identifying how the public pays for the services they receive and the percent of total expenditures they represent. Health care spending is a crisis in our nation and steps must be taken to alleviate this issue. The future must also be considered because health care is an important aspect of any country. A forecast of the future economic needs of our health care system is important to identify because this issue will not go away if we do not take action. Our nation must work together to establish a more efficient and effective health care system. Initiating effective policies are the way to address the growing concerns of healthcare spending. It is important to understand the various steps that are included in the policy making process. These steps include the formulation stage, legislative stage, and implementation stage.
Formulation Stage
Policies are constantly under review and consideration to work towards a more improved health care system. Before a policy is initiated or reviewed there must be an issue that calls for

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