Health Care industry presentation by Rick Carter, Chairman of Equation Consulting

The challenges and opportunities of restructuring the healthcare industry in the United States.
For the past two decades there has been major economic changes in the health care system in the United States, but there has been no solution for the basic problem of cost control. The challenges we face for restructuring the healthcare industry is rising health care costs, and the uninsured. During the past years the health cost has been raising. In 2001 the GDP reached 14.1 percent, and it’s still inspected to grow. In 2012 the GDP grew 17.7 percent. Managed care did restrain cost growth for a few years; however, the performance of individual health plan has not maintain it cost containment. The government will try to constrain Medicaid and Medicare spending, but it is unlikely that there will be an limit placed on health care spending like the one proposed by the Clinton administration. It is more likely to expect to see the public to pay more out of pocket for their health insurance and the care they receive. The uninsured has no health insurance. In the 1990’s, the amount of uninsured decreased.
Obamacare the right answer to curb the rising cost of healthcare? The Obamacare is the unofficial name for the patient protection and affordable care act that was signed into law on March 23, 2010 by the President Barack Obama. The Obamacare is currently estimated a net of $1.207 trillion dollars by 2025. Which includes the cost of Obamacare’s major insurance related provisions, but this is not all the accounts of the cost curbing measure in the law. As of March 2015, the net cost is projected at 1.207 trillion over the 2016-2025