Economic Term and Health Care History Essay Assignment Paper
Economic Term and Health Care History Essay Assignment Paper
The knowledge of health care history and the timeline of health care funding are very important in the attempt to understand their evolution. Treatment of different diseases has changed drastically over the history. As doctors learned more about diseases, human body and effective treatments, the role of medicine and physicians has raised. Nowadays, health care economics and health care funding in the United States are the issues which are of the great concern of the public and the government. Health care economics helps individuals to act more efficiently and effectively.
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The research has reported that in the past there were very few trained doctors in the colonized America. Due to the lack of knowledge of treatment, health care economics was not developed, and people were treated mainly by herbs and tonics. Patients preferred to be treated in their homes. Professional treatment was available only for wealthy people. In the early years of American colonization, treatment of different diseases mainly included purging, bleeding, and enemas (Marcelino, 2010). The evolution of health care economics was a historical process of development of medicine and discovery of different ways of treatments.
According to the available information, changes in the U.S. health care economics have taken place due to advances in technologies and medical assistance. Due to the rapid development and growth of the U.S. economics, technology, infrastructure, science and education, health care economics and the timeline of health care funding have improved greatly. The driving force of these changes is money, which were contributed to these systems. According to the economic approach to health care history, macro and microeconomic principles determine supply and demand, thus, influencing the prices and quantity of services.
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