Essay On Health Care Cost

The Affordable Care Act has provided many Americans access to affordable healthcare. The group of newly insured Americans have reported that they have timely access to physicians and healthcare. Previously there was concern that the Affordable Care Act would limit access to physicians based on provider networks. Provider networks have proved less of an issue than previously anticipated partially because many of the previously uninsured Americans were not able to secure a relationship with a set provider or physician group. Some areas of concern that remain are high out of pocket expenses incurred with some marketplace plans.

Also, some individuals in the society are lazy and do not want to actively contribute to their healthcare. The universal healthcare in this regard may be projected to increase healthcare accessibility, but practically promote instances of personal irresponsibility and laziness. Additionally, people may tend to live carelessly since their health need has been taken care (Dye et al., 2013). The cost of healthcare in the country is way too high compared to the available resources and respective budget allocations.

The tools like guroo.com. FairHealthConsumer.org and HealthBlueBook.com have been released for the consumers to look up healthcare costs. However, effective relief from high healthcare expenditures will ultimately come from inside the healthcare system. REFERENCES Mack, M. (2016, August). What Drives Rising Health-Care Costs? Retrieved from http://www.gfoa.org/sites/default/files/GFR081626.pdf Zamosky, L. (2015, March 29).

Departing from the consumer advocacy group’s stance, I do believe that there should be changes and the recommendations should reflect that. Although the Affordable Care Act has had positive effects on the healthcare industry, bringing millions of consumers to the industry, it is severely flawed. The key predictions of the plan fell short, leading to problems that can only be solved with significant reform or repeal. Moreover, regulations that came alongside the plan are either too lenient or strict, leading to many more issues as well.

The rising cost of our healthcare is driven by some factors, including technology, the getting older population and the creation of healthcare as a market good. With these rising cost there is talks of rationing healthcare. Rationing is

Healthcare reimbursement plans are an employer-funded, tax advantaged health benefit plan that allows companies to reimburse employees for their medical expenses. This plan is not health insurance, but it is a way to provide an allowance to employees that they can use on their medical expenses. Nurse practitioners must be fiscally responsible to obtain reimbursement for provided services. In order to accomplish this goal knowledge of the reimbursement process is required.

First, Medicare and Medicaid are similar with what the two insurances covers. But in another way both are different because Medicare had plans while Medicaid does not. Medicaid provides health and medical services for individuals and families with low income. Some of the mandatory services include inpatient and outpatient hospital services, home health, physician services, x-rays, and family planning. A few of the optional services are prescription drugs, dental, hospice, eyeglasses, and occupational therapy.

Hospital and continuing to help increase patient flow and help increase their financial gain. Consequently, leading to higher medical cost for patients and insurance companies. The market of healthcare in the U.S is rapidly evolving and becoming more complex mostly due to the delivery of health care becoming corporatized by the help of IDSs and

The cost of health insurance is quickly on the rise, and employers and employees alike are feeling the financial weight. A large portion of high medical claims are associated with obesity and lifestyle choices, some of which can be reduced by making healthy changes. Due to the rise in cost, many employers are rewarding employees for participating in health screenings that measure things such as body mass index (BMI), blood pressure, cholesterol, blood sugar levels, lifestyle choices such a tobacco or excessive alcohol use, exercise, mental health, and amount of sleep. Employees can impact the cost of their healthcare by learning about their health risks, making lifestyle changes, and becoming accountable for their own health. Upon completing

Competition should lead to lower costs and better quality of services, but, unfortunately, the US spends more money per capita than any other advanced country and has poor outcomes for many health indicators. Further, the US has poorer outcomes for many health indicators than other countries. In the United States in 2012, the cost of healthcare per person averaged about $9000 per year. In 2012, data from CMS stated that the total spending on healthcare in 2012 was $2.8 trillion (1). Despite competition in the health care field, two of the very prominent reasons for high costs are high administrative costs, the use of costly new technologies and drugs, and unhealthy behavior on (some, not all) of the patients’ behalves.

The elements from the early period of managed care history, which are present in today’s managed care industry Isaac Adzaho Saint Joseph’s University Health Administration HSV 551 Managed Health Care Department of Health Service 1/21/2018 Health care has been a major challenge in the past until now with increasing population and increasing demand for new and improved method of delivering health care. Major among these challenges was the issue of the cost of healthcare. In the past some interventions had been put in place to meet cost challenges in accessing health care. There were payments in the form of deductions of small amount of monies by employers from the pay checks of employees towards health contingencies. There were also outfits

Health care inequality is a prevalent issue in Massachusetts and around the United States. Low-income families and individuals all over the country are barred from receiving adequate and necessary health care due to a lack of insurance or due to restrictive policies in their existing insurance. According to a report done by the Working Poor Families Project in 2013 titled Low-Income Working Families: The Growing Economic Gap, a low-income family is defined as one who earns less than twice the federal poverty line, while a poor family is defined as one who earns less than the federal poverty line. For a family of four with two children to be considered low-income in 2011, the threshold was $45,622, with the federal poverty line being $22,811. (Population Reference Bureau)

Healthcare differences or disparities refer to the condition or state of unequal, unlikeness, and disproportion that is observed between people within a society with regard to access to healthcare services (Williams & Torrens, 2011). Such differences are caused by different demographics such as economic status, age, gender, color, and ethnicity. In the United States, such disparities have been witnessed since time immemorial. These differences mean that some people within the country do not have access to quality healthcare services whereas others have full access at all times. Some of these differences in access to healthcare in the country are discussed below.

The solidity of the health equality shall be implemented by several parties. This includes not only government, political figures or policy makers but also community that play important role as a public health specialist, social activist, and researcher. The key to maintain the health equality can be done by continuously improving the population health and eliminate differences in socioeconomic status, geography, race, and other factors. (1) Health inequality occurs when there is a dissimilarity in distribution of health acquirement between individual or groups that brings considerable drain to their lives. The consequences will be most likely to be severe in people who are less advantageous, experiencing less conducive living condition, poverty-stricken

It is the classic example of market failure. All in all, government intervention in healthcare is due to the government intervention itself. These interventions include the patent law which deliberated to advocate innovative activity and licensure which is intended to maintain minimal standards of quality. All these contribute to the monopoly power that dominates the whole market as well. The specific person or enterprise manages to control the whole market since they are the only supplier of a particular commodity.