My Cost-Benefit Analysis

Federal health care costs continue to exceed the American economy fueled by federal health care law, rising enrollments, and increased enrollee spending. The 2010 Affordable Care Act (ACA) significantly changed federal health care policies in the key areas of insurance coverage, access to care, medical care financing, and Medicare program operations. ACA provides good benefits to Americans but comes with a 12.2% increase in cost to the federal government (Meyer, 2017). Health care costs are projected to increase to more than $4 trillion dollars by the end of 2017 nearly doubling since 2006 (Meyer, 2017). Economists project this trend to continue estimating a 6.9% increase annually making it the single highest cost to the federal government (Edwards, 2017). The cost of health care is approaching a crisis if unchecked will continue to grow. Congress has struggled to reach consensus on a more efficient approach to managing health cares costs failing in 2017 to repeal or replace ACA. They will need to reengage now to enact laws to stabilize this looming threat to the American people. I recommend three changes to reduce the impact to federal debt. These changes are repeal individual and employer mandates,

Currently, there is coverage in the news regarding high-cost specialty drugs. Who is responsible for paying these high costs? Approximately Seventy-one percent of the public believe new expensive drugs that are recommended by physicians, should be covered by their health insurance; however, seventeen percent believe the individual needing these medications should pay for it themselves (DiJulio, Firth, & Brodie, 2015). Nationwide, individuals with serious diseases are dwindling through the flaws of our nation's healthcare system. Many individuals are unable to afford medications that they are in need of even if they have good jobs and insurance. In the passage below we explore this topic in depth, weighing in on our federal, state, and local

As a warden, in order to lower medical costs at my facility, one recommendation that I would make is to add more physical activity that is geared towards mental and physical health. I would implement an activity such as making all physically capable inmates walk at least 30 minutes every day. According to the Mayo Clinic, walking daily helps to “maintain a healthy weight, prevent or manage various conditions, including heart disease, high blood pressure and type 2 diabetes, strengthen your bones and muscles, improve your mood, and improve your balance and coordination” (Mayo Clinic, n.d.). All of the benefits that come from just walking would ultimately reduce medical costs since hypertension and arthritis are the most reported medical problems

A cost-benefit analysis (CBA) is a systematic analysis of health care resource expenditures related to potential benefit, strengths, and weakness in a setting where decisions need to be made based on limited resources (Waxman, 2013). Cost-effectiveness analysis (CEA) is a great application to use for the implementation of this evidence based practice (EBP) change project because it will set the foundation to be able to assess the benefits as it relates to decreasing cost and improving patient outcomes. According to Waxman (2013) CEA is a comparison of the cost and value of intervention to create improved health and longevity. This is imperative because healthcare research often uses CEA to analyze the cost of healthcare interventions in terms of lives saved, illnesses prevented or years of life gained (Mullie, Schwartzman, Zwerling & N'Diaye, 2017).

According to the U.S. Consumer Product Safety Commission, there are over 400 electrocutions in the United States each year, and of those about 100 are children. In 2011, an estimated 21,300 reported U.S. non-confined home structure fires involving electrical distribution or lighting equipment resulted in 295 civilian deaths, 840 civilian injuries, and $822 million in direct property damage. These numbers are very alarming as no child nor home deserve to be harmed, especially from a cause that can be prevented. These statistics and our desire to eliminate electrical problems as a whole is what drove us to developing our product, Socket Stop.

Cost-effectiveness analysis (CEA) is the most used technique for evaluating health interventions. In this type of analysis, the basic question is asked, “How much health benefit do we get for our money? The purpose of the CEA is to help decision makers allocate health care resources efficiently. In a CEA, the analyst expresses health benefits in unit of health outcome (e.g., life saved) and the costs in dollars. They calculate a cost-effectiveness ratio: the ratio of dollars expended to health outcome obtained. The analyst compares one intervention with another, so they calculate cost-effectiveness as the difference in cost between two interventions, divided by the difference in health benefit obtained. For example, in a study that assessed the cost-effectiveness of testing cholesterol levels in children, compared with not testing, the cost-effectiveness ratio would be: (Costs with testing – Costs without

Sports is one of the largest recreational activities in canada, with over 2 million kids aged 5 to 14, took part in sports. However, our government has decreased its funding over sports. From 2014 to 2015, 201.98 million dollars were funded but from 2015 to 2016, only 196.78 milion dollars were funded on sports. Moreover, sports participation of kids is declining. Boys now are less likely to regularly participate in sports than they were back in 1992 and those who do compete are involved in fewer sports. The decline rate will continue unless our government promotes sports heavily, through schools and community sport programs. Our governent should dedicate more money on these programs because sports are mainly promoted by such means, sports have heath benefits and sports make us smarter.

From drawing m&ms in ms paint with my dad in between deployments to sketching the forest covered mountains on long car trips through Panama art has been an important escape for me. I used my craft to understand my emotions, define my identity, and was something that I took pride in. Until that day my art was a way of interpreting the world around me, but hearing as only parent I had disprove of my craft,

In pursuing my professional goal (what goal?) as one of the minority nurse educators and scholars specialized in curriculum and instruction, I enrolled in one of the excellent doctoral programs at the University of Arkansas. I have completed my course work and passed my comprehensive examination in fall 2015. Coming from a low-income Asian immigrant family and being the first in my family to attend and graduate from college and without debt, my family, friends, dissertation committee, and employer have been providing moral support for me to complete my doctoral program. My friends, colleagues, and supervisors attest my diligent and commitment in my achieving my professional goal. However, I have encountered financial challenges in completing

Performed as Lead Analyst on 17 Costs Benefit Analysis (CBAs) efforts estimated at over $10.6B, where I've reviewed for validity the methodologies, assumptions, and analyses supporting Army decisions that define its acquisition requirements. Presented sound, detailed findings and recommendations to management that resulted in numerous cost savings to the Department of Army.

Beginning in eighth grade, I developed a strong desire to use art as a means of expressing ideas from my imagination. I attended summer art camps for 5 years during middle and high school, and I drew characters constantly in an attempt to figure out the human form, but it wasn’t until my first high school art class in tenth grade that I really progressed in technical skill.

As an applied sociologist, Professor Norma Winston has taught cost-benefit analysis to her UT students for decades. So it was second nature for her to be involved in a community partnership measuring the cost effectiveness of an initiative to combat chronic homelessness.Established in 2012 by the Steps Forward Initiative, Cypress Landing provides comprehensive housing and support services to Tampa’s homeless with the hopes of increasing their stability and overall health and reducing the utilization and costs of emergency services provided by taxpayer funds, summarized Jack Geller, dean of the College of Social Sciences, Mathematics and Education, who worked on the report with Winston and Assistant Professor J. E. Sumerau, the director of UT’s applied sociology concentration. The team measured health and emergency service costs of

It is hard to believe that my year of service is soon coming to an end, it seems not too long ago I was reviewing my VAD and wondering how I was going to be able to complete with success the task outlined. The thought of it all was overwhelming yet a welcomed challenge as I knew the outcome would be playing a part in increased food security for families who depend on both food pantries I am serving at as well as continued sustainability for the pantries.

Of course we can express our opinions but we have to recognize that those opinions are ignorant to the context of said culture. However, since human rights are universal that implies a shared understanding of the duty of care and entitlements of people by virtue of being human. Young girls cannot give consent for the practice or perform an appropriate cost/benefit analysis for future risks as it relates to medical issues and cultural acceptance. The UN’s Convention on the Rights of the Child (CRC) is a legally blinding treaty that protects children’s rights internationally, and this may fall under that protection.

Accomplished superior work consistently through systematic execution of broad responsibilities as Early Cost Team Lead. Orchestrated highest volume of Cost-Benefit Analyses (CBAs) for assessment efficiently within Acquisition Costing Directorate through equitable distribution based on current workload assignments of team members. Engineered overall management of 154 CBA analytical reviews in Army Requirements Oversight Council (AROC) Decision Forum estimated over $147.32B in life cycle costs with 27 HQDA(1*) and 34 AROC(3*) presented for DASA-CE validation endorsement based on sound measurable results.