1. Identify political trends in your area (city, county, or state) that have contributed to or could contribute to a crisis in a particular industry.
Several regulations imposed by governments can have an impact on organizations. Some regulations have more effect on certain types of industries than others. The Affordable Care Act does not necessarily affect a particular industry, but it does have consequences that could potentially affect business owners and their employees. Under this health reform, employers with 50 employees or more are required to pay health insurance for their employees or face a penalty. The Affordable Care Act limits the employer’s options in choosing low-cost insurance plans; this may cause businesses to raise costs and reduce the hours of work and/or the wages paid to their employees.
2. How do political and economic events comingle to create a crisis?
Both political and economic events can trigger a crisis. Political trends and laws are standards that affect the way businesses operate. How a political trend affect business depends on the type of industry that we are looking at; since some legislations are only directed to a certain type of industry. Economic forces can also cause a crisis in an organization. Some factors such as the unemployment rate, interest rate health care costs and others can definitely affect the economic stability of any organization. Top management must consider political and economic trends that affect the specific
The Affordable Care Act is considered to be a landmark legislation that sought to bring changes to overhaul the health care system within the United States. While the ACA has brought necessary improvements and changes to how health care is handled, it has also directly affected many stakeholders within the health care industry. The major stakeholders of health care are considered to affect each and every aspect of the massive industry, and can be influential. This paper will be specifically addressing the effects of the ACA on the employer stakeholder group. It will talk about the new responsibilities and taxes employers must face, how the ACA is currently affecting employers at the moment and into the future, how the employees and their dependents will be affected by these changes, and finally what strategies employers can take to mitigate
Texas’s decision the not expand Medicaid under the Affordable Care Act has took a toll on many Texans. Texas is one of many states yet to expand the Medicaid program. With the decision not to expand Medicaid, it have left many low-income families uninsured and without an option for affordable healthcare. Texas has the highest number of people uninsured in the Unites States of America. The change has now entered the third year and only 30 states have expanded the program. There is an ongoing outreach to get Texas state leaders to expand the coverage.
The Patient Protection and Affordable Care Act (PPACA), issued in 2010 by Former U.S. President Barack Obama, has caused such a controversy due to its way of reforming today’s healthcare system. Although, the Affordable Care Act has so far been the most important piece of health care legislation passed ever since the Social Security Act of 1965, which established medicaid to the elderly. In recent events in U.S. politics of 2017, our newly elected Republican President Donald J. Trump and the majority of Republicans plan to overthrow and replace the Affordable Care Act, also known as Obamacare, with a more “affordable” way to gain health insurance named “the American Health Care Act”(AHCA). However, they have not realized that modifying the
The Affordable Care Act passed in 2010 and signed by President Obama on March 23, 2010. The vision was to reform the health-care in America worked and dramatically decreases the number of uninsured individuals. President Barack Obama campaigned aggressively under the phrase’ “Yes We Can”. In the end “Yes he did” get the health-care reform legislation past and set into motion the overall of health insurance decades in the making. Many of the major objectives of the Affordable Care Act were setup to be implemented over time, most of which will be in place by 2016. Until then it is somewhat difficult to determine the true impact of the Affordable Care Act on individuals and their medical care and the financial impact of the costs. As,
Since 1984, Medicare patients have been serviced under the prospective payment system of the Medicare program. Under this system, primary care providers are reimbursed for their services using a fixed payment for each patient that is determined by the patient’s diagnosis-related group at the time of the admission. Therefore, under the prospective payment system a hospital’s reimbursement is unaffected by the actual expenditures that are required to care for a patient.
Controversy surrounds The Affordable Care Act (ACA). Some Americans are for it and some Americans are against it. Whether you agree with the Act or not, let’s not forget it is still the law. Now, the question remains how long will it stay in place with the President elect? What exactly is the Affordable Care Act? Per (obamacarefacts.com), the ACA was signed into law March 23, 2010 by President Obama. The law requires all Americans to have health insurance by 2014. If you do not obtain health insurance, you must pay per month for each month you did not have insurance (obamacarefacts.com). The law also allowed states to opt out of expanding Medicaid (obamacarefacts.com). According to (hhs.gov) the ACA has improved access, increase the quality
The Affordable Care Act also known as Obama Care has been a topic of controversy. It is the most significant reform to the U.S health care system since Medicaid and Medicare. Some view it as a great and some believe it will be bad for the economy. I believe the Affordable Care Act is beneficial because it is affordable to Americans, does not discriminate, and will improve the American economy.
The Affordable Care Act is surrounded by numerous political circumstances. The Affordable Care Act has been called by many names such as Obama Care or healthcare overhaul. The healthcare overhaul is one of the rare policies that has been developed, but not tweaked to perfection; it may never be tweaked to satisfy everyone, but it could still improve. According to the article entitled “The Science of Muddling Through” by Charles Lindblom “Policy is not made once and for all; it is made and re-made endlessly” (Lindblom, 1959, pp. 86). The act of policy-making is based on consecutive approximations to some sought after objective in which the ultimately desired objective continuously changes under reconsideration (Lindblom, 1959, pp. 86).
Third, the ACA regulates health care coverage in the United States. According to Lussier et al. (2016), the act mandates that all employers with more than 50 employees provide their full-time employees with health care coverage or face penalties for failing to do so” (p. 494). This act specifies that if organizations choose not to provide employees with benefits, they will be forced to pay a penalty for each eligible employee. However, organizations that do offer employee health and retirement plans must meet minimum requirements and comply with ERISA (Lussier et al, 2016). Employers and employees
The Affordable Care Act (ACA) is a radical healthcare reform that aims to provide affordable, quality healthcare for all US citizens. This increased scope of coverage would allow millions more of Americans to use the system. In order to drive down costs from many more individuals, the ACA has planned to increase incentives for preventative public health interventions including primary care physicians. Although this is a fine beginning, I believe the greatest challenge to the long-term success of this reform remains the shift in mindset from a focus in treatment to an equal focus in prevention. Preventative services are vital to a healthcare system. However, the effects of prevention are often long term, and thus are traditionally underappreciated by those who have the disease being prevented. Individuals with the disease also undervalue prevention, as it does not affect their health state. With this mindset, prevention is undermined and will continue to be a challenge for the progression of the ACA.
Most of the states in the US have the Vision of growing the health sector to help address issues in health. The Affordable Care Act has seen the development of the Medicaid along with the Accountable Care organizations as one of the strategies to help curb the problems in place. According to the report that was released by the White House IN 2014, it was suggested that most of the states are locked in the politics and have most of their personal constituents uninsured. Taking the instance of North Carolina, the numbers are extremely high and thus terminating the obstruction of Medicaid would benefit the residents economically. It is geared towards creating new opportunities for over 2000 citizens as well as improve the federal fund's
Dr. Atul Gawande wrote a piece for the New Yorker titled “Now What.” It was published just one short month after President Obama signed into law the Affordable Care Act (ACA), and it addresses a few points of consideration surrounding the controversial law, points that have since compounded into intense debates. For anyone who has glanced at a newspaper or navigated the internet between then and now, it’s impossible to miss; the tension created from the passing of the ACA is palpable. Four years later, the ACA remains a hot topic, especially in political circles.
The Obama affordable health care politics has caused many fights among different groups who don’t seem to share and to agree on the politic behind the ACA. The purpose of this reading has mainly been to point out the reasons of the disagreement toward the ACA.
Resource allocation has been a complex topic in medicine. Physicians are meant to be patient advocates as well as managers of health care costs. How can an advocate be involved in a process that limits care to some, while providing more complete care to others? As the elderly population grows, the idea of rationing care has become an ethical discussion. Reasons for rationing resources and care might be to preserve dwindling resources or to prevent waste. However, there is a question about who decides what is wasteful or non-beneficial to patient care. The Affordable Care Act is allowing individuals who could not afford healthcare to have access to clinicians and resources. This presents a new concern where more physicians, who already
It was stated earlier in this paper that big businesses would benefit from this law; however, the exact opposite is true for small businesses. Businesses will be forced to provide healthcare for their employees or pay a fine, something they may not be able to afford. This may result in employees’ hours being cut or even the termination of the employee (“ObamaCare”).