M5C Obstacles and Pitfalls to Success Essay Example | Topics and Well Written Essays - 500 words

M5C Obstacles and Pitfalls to Success - Essay Example More emphasis is put in the endeavor to attain and maintain a considerable health plan which is being inhibited by the massive heath costs and invariably rising insurance costs. Insurance costs are increasing at an alarming rate with many medical insurance pundits alleging that the high risks in the current heath status of many individuals are the contributing factor (Pauly, MacGuire & Barros, 2011). Several factors have been continuously discussed on their influence to the obstacles, pitfalls and barriers of a good health care. Significantly the status of the economy has a haphazard impact on the costs of insurance and the heath care in general. A conducive and better performing economy where virtually all levels of income to the citizens are high and the costs of living low will enhance the affordability of a successful health plan (Pauly, MacGuire & Barros, 2011). Moreover, inflation, continuously poses a big threat to the insurance and health costs. These prices are soaring high and high with the rise in inflation rates an indication of a poorly performing economy. A successful health plan needs stable and steady economic conditions which will allow the concerned parties to attain their esteemed goal (Pauly, MacGuire & Barros, 2011). As noted earlier the levels of income play a big hand in the accomplishment of a successful health plan. Evidently, this influence is demonstrated in the instance of increased propensity to save which enhances the availability of more funds to secure health services when one is rendered less productive or retires. In addition, high income illustrates a better level to afford insurance costs which with the increasing health risks, diseases and infections are continuously rising (Inhurst, 2009). Unemployment rates are another key factor influencing on the costs of health care. With high population being unemployment and rising dependency levels many insurance providers are finding it inevitable to raise their costs