Health Status and Health Care Services in Iceland with comparison to the United States

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Comparison of Health Care Services in Iceland and the United States
In Iceland, the support for health care services is majorly financed by the state. It is delivered in the forms of direct tax-funded programs or indirectly through State Social Security Institute (SSSI) (Sigurgeirsdóttir, Waagfjörð and Maresso 43). In the US, individual patients pay directly for the treatments received either through their own pockets or through health insurance coverage benefits from employment organizations (“Health Economics Information Resources” Np). Iceland government offers publicly organized and funded health services at some point in time for a specified group of individuals such as children and unemployed populations in specific localities. In the USA, however, the federal government pay for special groups such as the military personnel and their dependents as well as the veterans. Other special groups such as the elderly, low-income mothers, and children from low-income families receive medication from the Medicare. Disabled groups also receive healthcare services with the help of Medicaid. The government of Iceland is mandated to finance health care through allocation by the parliament through the national budget yearly. The allocation is directed to either the ministry of Welfare or the IHI. In the US, however, the obligation of the government is to support the insurance companies and other private health insurance programs.
Data on Total Expenditures
In Iceland, the Sources of financial expenditure on health services in percentage in 2014 include the taxes charged from the public at 80.

3 of the total expenditure on health. Private insurance companies cover approximately 17.2 (Sigurgeirsdóttir, Waagfjörð and Maresso 44). In the US the expenditure on health services covers from out of pocket 390 billion, Medicare 580 billion, Medicaid 432 billion, private health insurance 921 billion and other health insurance programs 189 billion (Kliff N.pag).
Analysis
Iceland healthcare program is one of the most expensive in the world. This is as a result of the growing economy in the country. The US, however, has the highest per-person health care expenses among the most industrialized nations.
Work Cited
“Health Economics Information Resources: A Self-Study Course: Module 2.” Nlm.nih.gov. N.p., 2017. Web. 30 July 2018.
Kliff, Sarah. “Who Pays for Health Care in the United States?” Vox. N.p., 2014. Web. 30 July 2018.
Sigurgeirsdóttir, Sigurbjörg, Jónína Waagfjörð, and Anna Maresso. “Health Systems in Transition.” 16.6 (2014): 1-211. Web. 30 July 2018.