The US is constantly advancing its healthcare systems, improving the average life expectancy among the US population, but these changes in the healthcare system have led to a continual increase in US healthcare spending. In 2016, the US GDP spending on healthcare was 17.8%, which was the highest compared to other developed countries (Woskie, 2018). This high spending is not directly proportional to the performance in the healthcare sector. The difference in healthcare expenditure is due to slightly higher salaries for the healthcare personnel, administrative cost, and pharmaceutical cost. Efforts to shift the healthcare system to a more positive direction have led to identifying eight themes that may alter critical trends in the US healthcare market.

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The US healthcare reimbursement policies are to be significantly considered in the research and development of healthcare technologies such as telemedicine, which is an essential tool in providing hea... lthcare services. As the number of COVID-19 infections increases, healthcare systems are gradually shifting to telemedicine to provide several healthcare services, including screening for early symptoms of coronavirus. The government has sponsored two healthcare programs Medicare and Medicaid, and reimbursement policies based on both programs included in telemedicine. Medicaid covers low-to-no income people or families, while Medicare covers individuals 65 years and above of age and those with disabilities. . Medicare and Medicaid reimbursements involve payments from hospitals and doctors from the respective individuals in Medicare and Medicaid. Medicare pays the health providers an estimate of 80% of the total cost, while Medicaid varies in payment in different states. [Show More]

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