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  • Essay / Healthcare or a Billion Dollar Industry - 950

    Healthcare in the United States is a growing topic that everyone seems to have their own opinion on, but are healthcare companies really interested to make the world healthier or are they more interested in making money? This is a growing social problem not only in the United States but around the world. The social problems that arise from health care are the growing pharmaceutical problems, the problem of overmedication, and the problem of privatized hospitals. These social problems have been growing for decades and it is finally time to put an end to them. The number one social problem surrounding the healthcare system in the United States is the growing problem of pharmaceutical companies. The industry has an average profit margin of 17% and has been booming for decades, but it is heavily driven by a core group of companies (Dr. Pratt). “In 1992, the 10 largest companies accounted for about a third of global pharmaceutical revenues; after a period of consolidation, by 2001 the top 10 companies accounted for almost half. » (Leon-Guerrero, Zentgraf, 172). These companies hold a large majority of market share and make most of their money from patented medicines. This growing core of companies dominating the market is causing more problems instead of solving them. These companies aim to make as much money as possible and this can be seen through the salaries of the executives of these companies (Dr. Pratt). The pharmaceutical industry should have the number one priority on the users of its products rather than on profit gains. The social problem surrounding the pharmaceutical industry can only be addressed by blaming the system. People see the good that medications do for themselves and their families... middle of paper ... the system designed to help us stay alive is trying to take advantage of us. People should receive the best possible care, regardless of who they are or where they come from. Healthcare should do exactly what it says, take care of our health and not worry about making big profits. Works Cited Berman, Jillian. “For-profit hospitals are turning away patients too soon: report.” The Huffington Post. TheHuffingtonPost.com, May 14, 2012. Web. April 10, 2014. Leon-Guerrero, Anna and Kristine M. Zentgraf. “Pills, power, people.” Contemporary readings on social problems. Los Angeles: Pine Forge, 2009. 172-80. Print.Park, Madison. "Little People, Lots of Pills: Experts Debate Medication for Children." CNN. Cable News Network, May 24, 2011. Web. April 9, 2014. Pratt, Tia, Dr. “Health and Health Care Delivery.” Social problems. United States, Philadelphia. March-Apr. 2014. Conference