nce third-party people pay around 75 cents of every dollar of medical expenses, people don't feel the burden of cost. People want the best drugs advertised, and use hospital services frequently. If the consumer felt more of the burden of cost, they probably wouldn't go to the doctors, or over consume resources like they do. When the marginal value of the resources used in a medical treatment is greater than the marginal value provided to the patient, then it is excessive. Technology has revolutionized the healthcare industry, giving us better diagnoses and outcomes. This technology is also costly. We can now have CAT scans and MRI's done regularly. The problem here becomes is this technology necessarily needed to diagnose every condition. People are concerned with their health is understandable but many times ask doctors for tests that aren't needed. Prescription Drugs are also a major issue and has become a political issue as well. Many senior citizens, who rely on their drugs to keep them going, aren't able to afford them. Co-payments on even generic drugs have started to rise. The reason for high drug costs is because of the high R&D needed to produce these drugs. It takes a lot of time, and money to bring just a single drug into the market. One source listed it could take up to 15 years and cost up to $400 million. This means they have to make their money back, and in a limited time because of patents. Another problem is that people use and want advertised new drugs, and don't take advantage of generic drugs that can do the job. Possible solutions to the problem are importing drugs from other places such as Canada, and India. Canada's Health care plan is universal for everyone who lives there. Their drugs are also much cheaper in comparison with ours. While we live in a country where we should be proud of American made goods, we need to seek them from outside sources if they are tested and proven t...