Healthcare Costs

I too believe that healthcare should be a right for all citizens. Health is defined by the World Health Organization (WHO) as a state of complete physical, mental, and social well-being (Macionis, 2015, p. 267). Preventative and acute care is important to maintain health and is needed by everyone in the world. Since the creation of the Affordable Care Act many have argued the negative repercussions of the program often neglecting the positives. The fact is, most working adults (59.5%) are offered insurance for themselves and their families at a discounted rate through their employers (Robert Wood Johnson Foundation, 2013). Despite a 10% decline in employers that offer insurance compared to 2011, the option is still available for half of the working population (Robert Wood Johnson Foundation, 2013). Small business owners that employ fifty or more employees are eligible to provide subsidized health insurance for their employees (HealthCare.gov, 2016). In addition, 30.1% of American's utilize either Medicaid or Medicare, a government program that aids or supplements insurance cost ("Medicare and Medicaid, Age and Income - Random Samplings," 2013) . The Affordable Care Act asks that the other 8.4% of the population purchase health care through the "marketplace" where they are able to select and tailor their health care

“Health care spending in United States has been increasing in fast growing rate. As compare to 1980 when the health care cost was $256 billion. It has been increased now with $2.6 trillion in 2010. The cost was increased by tenth times from the past. The major driving forces behind it are following. Increases administrative cost also fueling the overhead cost and one of the major contributing drivers of health care spending as it is the 7% of all the cost spend on health care.” (Bluegrass, 2013). The cost to manage the system has been increasing as the demand for health care benefits. Expenditure on healthcare is increasing as the population demand and number of disease increases. It needs the increased expenses on administration as well.

It is important to begin with the fact that the United States has no formal healthcare system. There are five subsystems: private employer provided insurance, Medicaid for low or no income individuals, Veteran’s hospitals serve military veterans, workers compensation serves individuals that have on-the-job injuries and services for active military and dependents. There is also the Medicare system that serves individuals over the age of 65 (Williams & Torrens, 2008). Even with all these subsystems, there are still many individuals without health insurance. It is also important to realize that having health insurance coverage and having access to healthcare are two entirely different issues. An individual can have insurance but still not have access to healthcare. Of course the goal in the United States is to provide adequate healthcare access to everyone (Beedasy, 2010). This is not always possible due to different demographics such as age, socioeconomic, and other issues. I have health insurance but with the deductible extremely high many times I cannot afford to go to the doctor. For individuals that are low income, this issue is a problem. There is a gap between income low enough to qualify

There are many areas that offer different opportunities to reduce health care spending while improving Medicare and Medicaid cost for individuals. Over 30% of healthcare spending is mostly unnecessary care. Cost of healthcare will most definitely become a concern for thousands of individuals and their families. Health care plans like Affordable Care Act (ACA) and other health care plans have a great opportunity to help improve better care at a lower cost. Healthcare plans play a big part in transforming the United States healthcare system. The United States a lot of money on healthcare than other countries. Paying high insurance claims does not mean you are getting more. Many people have pointed out many ways that healthcare workers in the

Right now, there are over forty million Americans are without healthcare coverage and millions more that are underinsured. Their families and they are struggling to afford medical care that should actually be provided to them. There are natural born rights that should be provided to all humans just because it’s morally right. Humans, being an intelligent species, should know that there are certain things that are needed to progress as a whole. Affordable healthcare coverage is one of those things that should be guaranteed to everyone. The United States is considered to be the greatest country to have ever been. A country that is supposedly home to the best hospitals and medical services does not even offer them to most of their people. Money is consistently being wasted and spent on healthcare that doesn’t even benefit the majority of the population. Health care coverage can mean life or death for a lot of people. Healthcare should be a human right; it should be affordable to everyone, regardless of how much money they make.

The Agency for Healthcare Research and Quality, AHCA, (2015) defines a stakeholder “as persons or groups that have a vested interest in a clinical decision and the evidence that supports that decision” (para 3). Stakeholders can be many different people, from patients and their caregivers to clinicians, researchers, policymakers just to mention a few. (AHCA, 2015). Many stakeholders in a hospital setting have a hand in the health care policy making. In this paper the author will interview one of the Directors of Baptist Health South Florida.

There are many studies done focusing on the rising cost of health care and some of the findings states that the rising cost of healthcare premiums is a worldwide problem, however I also think they are higher in the U.S. In 2015, U.S. health care costs were $3.2 trillion. That makes health care one of the largest U.S. industries, equaling 17.8 percent of Gross Domestic Product in comparison to the late 1960s healthcare cost was only $27 billion which was 5 percent of GDP, which comes at a cost of $9,990 per person each year. The main reason for the rising cost of healthcare is a combination of government policies and lifestyles changes, such as, the insured, uninsured same sex partners, weight, smoking, drinking etc., just to give a

With a complex health system such as HUMC and other hospitals that offers services that are based on the continuum of care concept, there are critical issues among stakeholders. A stakeholder is “a person or group that has an investment, share, or interest in something, as a business or industry” (Dictionary.com, 2010).

The United States spends more money on healthcare then any other country in the world. Many Americans are without sufficient health care, according the researchers at Aetna (2016) it is estimated that 26 percent’s of American families will have a problem paying their medical bills and 58 percent of Americans have been reported of not receiving or delaying care in the past five years. The increase cost of health insurance premiums is a contributing factor to this phenomenon. Compared to other countries, United States’ premiums are much higher. One reason for that is the United Sates also has the highest rankings for obesity and other major health problems. With such high numbers of health problem it forces health care providers to increase cost

The case is about current high cost of health care industry in US. There was not technology used in medical record keeping. But now some emerging software and applications are being used. The cost of traditional record keeping is higher compared to the facility it provides. The efficiency of traditional system is low. It also highlights the cost patients, hospital and government paying for not following efficient technology. It sheds light on some Electronic Medical Record systems viz. Veterans Affairs, Vista. The emerging EMR tries to solve the case to some extent but there have been issues with insurance company and the technical manpower needed for its implementation. More than 50% US hospitals

To understand how expense should be grouped is to understand the definition of expense. Expenses are the direct costs associated with the earning of revenue, and these costs are known as expired costs. (Baker, J.J. & Baker, R.W, 2013)

I feel that healthcare is a human right to everyone in the United States. With so many insurance plans built around healthcare it should allow individuals access to preventive care. Nevertheless, there are loop holes the government has allowed in the economy for “supply and demand” (Black 2014). For example, years ago Medicare was designed for retired citizens, certain disabilities, and patients on dialysis regardless of income. Citizens worked hard their whole life to feel comfortable when retiring without complications, live off their retirement and enjoy life. As time evolved, Medicare added C, D with restrictions and co-pays due to economic changes. Medicare changed from being a free /low cost healthcare for retired and elderly

Citizens of the U.S should have the freedom to choose on whether they want to have healthcare or not. In this sort of country where people preach about freedom, and the idea that one should be able to dictate their own path to success it is ironic that nowadays the government is forcing people to have health insurance. The government should not dictate what someone should buy and should not buy. Rather than attempting to provide a service that is run by the government, they should try to make other healthcare providers affordable to the people; Services that are already set, but do not force many U.S citizens to

Year after year, millions of Americans suffer the hardships due to the inaccessibility of Health Care. Studies done by the US Census Bureau have shown that in 2014, 33 million people in the United States did not have health insurance. This raises problems in our society due to the fact that without Health Insurance, people who become seriously ill or are on the verge of losing their life are not able to be saved or kept alive. In my personal opinion, I believe that all people in the United States should have access to Health Care without having to give an arm and a leg to ensure that their family member will live.

First and foremost, stakeholders are individuals that have an interest or even influence of decision making within the organization. Stakeholders along with elected officials, organizations, and special interest groups are valued based on their contributions and connections. In comparison amongst all organizations, healthcare stakeholders play a key integral part because of regulations. Health care is highly regulated and policy driven and the right personnel in your corner can go a long way. Many healthcare stakeholders are involved in the development of policy and have key capital connections to promote and deny potential health care business altering regulations. They provide the funds which give organizations power to promote and push their policies through legislatures. The funds that they provide can also be utilized to defund conflicting policies. The main goal for stakeholders is profitability, more profit is equivalent to more power. Aligned with profitability stakeholders invest in productivity that yields the most profitability. Unfortunately, the influence that stakeholders have on policy making can be directly related to money, they continue to hold great power in the process because all promoted policies need a beneficiary.