Reference no: EM133463391

How to reword this: The Great Depression in the 1930s prompted hospitals and physicians to introduce insurance as a method of ensuring payment for services. Around the same period, traditional insurance and managed care were formed. The onset of World War II, the emergence of the labor movement, and the federal tax system all aided the expansion of employer-sponsored health insurance (Morrisey, 2013). Increased healthcare expenditures and the introduction of self-insured employer plans drove the development of managed care in the 1980s. Cultural attitudes and values, as well as economic and social circumstances, were originally driving forces in the implementation of health insurance in the United States.

Greater dependence on pharmaceuticals and related pharmaceutical expenses, as well as the rise of allied health care professions, growing health-care expenditures, population growth, and increased dependency on drugs (Conklin, 2002).