A Report on the Healthcare Reform

2313 WordsJan 15, 20189 Pages
On March 23, 2010, President Barack Obama signed the Patient Protection and Affordable Care Act, also known as Health Care Reform, which promises to accomplish three primary goals: provide health insurance coverage for all Americans; reduce the cost of insurance for individuals, businesses and the government; and, increase the quality of care and the value we receive for every dollar we spend on health care in the United States (Tanner, 2010). By analyzing the major provisions contained in the act, their potential impact on health care administrators and the many organizations in which they serve and the proposed methods by which we will pay for each provision; it is clear that the act succeeds in some areas; partially succeeds in others and fails completely in the rest. There is little doubt that the act will provide insurance for the uninsured and it may improve overall quality and provide some increase in value for services delivered; but it will come at an enormous cost that will be unsustainable for future generations. Health care expenditures in the United States are currently about 18 percent of GDP, and this share is expected to continue to rise with the share of GDP devoted to health care in the United States projected to reach 34 percent by 2040 (CEA, 2009). U.S. spending on healthcare is greater than any other developed country, yet unlike others which provide near universal coverage, the United States still has 46 million uninsured (Godell, 2008). For

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