Health Care Reform Essay

1644 Words Jul 14th, 2012 7 Pages
Healthcare Financial Reform Proposal
Sandra Xavier
Grand Canyon University: HCA 240
Professor Tina Block
July 8, 2012

Healthcare Financial Reform Proposal I believe healthcare reform is a waste of time and money but I also see that it can be beneficial to many uninsured Americans. First of all, health care costs keep rising and in 2011 the average cost for a family of four increased by 7.3% or $19,393. This is double the cost estimated in 2003, and by 2030 payroll taxes will cover only 38% of Medicare Costs and the rest will be added to our already enormous budget deficit. Second, health care reform is needed to improve the quality of care, which is the worst in the developed world. Chronic diseases cause almost 70% of
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These reforms are expected to save an additional $13.5 billion over 10 years according to Healthcare Financial Management Association (Fiercehealthfinance.com). President Obama’s pledge to pay for the program by taxing the rich, who is anyone that makes more than $1 million a year (which would include President Obama) and will make for “a marketplace that provides choice and competition” (Conniff, 2009). He also proposes that reform is about every American who has ever feared losing their coverage if they become too sick, lose their jobs or even change their jobs. It’s realizing that the biggest force behind our deficit is the growing costs for Medicare and Medicaid programs.” A powerful force for change can be created by embracing transparency. According to the Department of Health and Human Services, “transparency is a broad-scale initiative enabling consumers to compare quality and the price of health care services so they can make their own informative choices among doctors and hospitals. This initiative is laying the foundation for pooling and analyzing information about procedures, hospitals and physicians services. In order to create value driven health care, there are four steps to turn raw data into

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