Risk Pooling in Health Care Finance

You have been asked by a health care magazine to write a series of articles focusing on health care financial concepts. The articles will be included in five consecutive issues and will be geared towards readers with little knowledge of finance. You must ensure that the articles are both informative and engaging to your audience. You must also ensure that your articles relate financial principles to the health care industry.

We live in a country where all children go to school to gain an education and 25% of them will go onto receive some type of college degree. Compare this to low-income countries, in which children are 16 times as likely to die prior to their fifth birthday (Nickitas, Middaugh & Aries, 2016). Beyond the lens of our smartphones, Facebook friends and Nike sneakers is a world full of desperate people wishing to have enough food to eat for today. Many parts of the world lack sanitation, safe housing, sparse medical care and no medication. The global health issue are everyone’s problems not only for the sake of altruism but, with the increase in global travel for routine business and pleasure, dangerous pathogen are no longer confine by boarders. The Ebola outbreak four years ago, proved the necessity of a global solution to global health issues. The collaborative practice of several world health agencies and economically developed countries along with the use of volunteers, statistical updates, the latest literature and practices kept this outbreak mostly contained to its region of origin and the death toll to approximately 11,000 people (mainly in West Africa) (WHO,

I really enjoyed this article, as it went into effective financial planning. The 2 major categories of cost are total charges (the patient's bill) and the cost of providing services. These 2 costs can be defined mathematically in the following indices: average revenue per patient day and the cost per patient day.

The World Health Assembly expects efforts to achieve the “Health for All” goals of the WHO to be collaboration between the country’s leaders, health organizations, individual countryman, communities and other countries (Maurer and Smith 2013, p. 115). There are many intergovernmental organizations (The WHO, the Pan American Health Organization, the United Nations Children’s Fund, the World Bank, the Center for Disease Control and Prevention etc.) as well as voluntary and philanthropic organizations (Catholic Relief Services, American Friends Service Committee, Doctors without borders, The Bill and Melinda Gates Foundation, etc.) that focus on the health of populations around the world, providing expertise, technical support, funding for economic and infrastructure development and for healthcare services (Maurer and Smith, 2013, pp116-118). As for other countries education in how to raise your own crops can be beneficial. Food and financial aid is currently supplied but perhaps that could be increased, with the introduction

In the critically acclaimed video Let My Dataset Change Your Mindset (Rosling, 2009) Dr. Hans Rosling provides insights into how old mindsets with regard to the 3rd world versus 1rst world need to be re-evaluated and considered from the standpoint of what really differentiates the two. He also provides insights of how the new mindset is being driven by a series of stipulations that countries are increasingly relying on to lift the health of their entire populations (Rosling, 2009). He also provides insights into how the prodigious saving of 3rd world nations helped to finance the bail-out of the American financial crisis, and how these nations are also carrying the majority of economic burden today for developing economies (Rosling, 2009). His examples clearly illustrate how critical it is for countries to invest heavily in education, healthcare including vaccinations, and infrastructure to support the safe delivery of food, water and ensure the hygiene of a population (Rosling, 2009).

“I have spent the last four years watching people die.” In his 2005 Massey Lectures, Stephen Lewis, a Canadian politician and humanitarian, caught the attention of millions with these words. Within these lectures, he shared his experiences of watching Africans suffer through the AIDS pandemic, and critically examined how the neglect of global communities and their discrimination contributed to its failure to resolve. While the rest of the world seemed to be unresponsive to an AIDS-ravaged continent, Mr. Lewis found himself passionately involved in the crisis and began to take action. Since his involvement with the United Nations in 1984, Stephen Lewis has tirelessly advocated for African citizens affected by HIV and AIDS, ensured that health care and treatment is provided to victims, and reached out to African citizens with education and counseling through his organizations. Through all of this, Stephen Lewis has proven to be one of Canada’s most influential humanitarian advocates for impacting the HIV and AIDS pandemic in Africa.

The Journal of Global Health Perspectives is an online open-access research journal. In addition to publishing primary research they also publish articles that relate meaningful experiences, observations and reflections from members of the global health community. To publish an article in the journal the article had to be E mailed to them along with a signed copyright policy and indicate the category of the work. Current topics of interest are Child health inequality, Maternal health in India, Ebola eradication.

•Examine the role that the International Monetary Fund and World Bank play in transfers and the conditions they set to effect this funding.

In 2010, the United States health care spending grew 3.9 percent. The total health care expenditures reached $2.6 trillion, which translates to $8,402 per person or 17.9 percent of the nation’s Gross Domestic Product (GDP). Health care spending plays a major role in shaping our country's health care system. Financing health care influences how people access health care, the types of health care provided, and how the cost of health care is distributed among members of society by income and by health status. The United States has been in a recession for much of the past decade, resulting in higher unemployment and lower incomes for many Americans. (Wikipedia)

In 1994 in Rwanda, Doctorw without Borders supports the nation and fights a project against the biggest cholera epidemic in existence.

There is no universal fix to the complexities of each country and what they face with regards to their health care needs. Health care is a fundamental need among all peoples. Each country will have to work on solving the disparities that exist in access of care, funding of care, and availability of care. Because we now find ourselves facing the dilemma of fighting many infectious diseases once thought to be under control, we must work with all countries around the world. Every country faces the potential of an outbreak of a disease like SARS or a terrorism strike involving biological or chemical agents. Global initiatives to improve the health of nations across the board regardless of resources in these nations will benefit all. We need to continue with consistent and comprehensive measures to ensure health equity to all (Williams & Torrens, 2010).

Citizen Kane (Orson Welles, 1941) is an American drama film that narrates the story of a newspaper magnate who gained worldly success in his life, but he lost connection with people around him during this process. With the help of a series of flashbacks, the film illustrates Kane’s personal life. The film starts with the scene where Kane is on his deathbed and says the word ‘Rosebud’ before dying. A newspaper reporter, Thompson gets intrigued by this word, which becomes the motivation for him to learn about the life of Charles Foster Kane and the significance of the word ‘ Rosebud’. The director, Orson Welles depicts the personal life of Kane beautifully in

The world faced a stark reality at the turn of the century. Amidst unprecedented new wealth and powerful new technologies, millions were still getting sick and dying from diseases and life expectancies were actually falling. Therefore, in September 2000, 189 country representatives adopted the Millennium Development Goals to focus on time limited commitments to reduce poverty and promote human development in order to reduce child mortality, improve maternal health, combat HIV/AIDs, malaria and other disease by 2015.(WHO, 2008). The challenge for meeting this deadline of goals was perceived as emergent and had a powerful effect for transforming the long-standing problem of global public health. It was perceived that globalization was putting the social cohesiveness of many countries under stress and that the health systems as key constituents of our contemporary societies were clearly not performing as well as they could and should.

It is no secret that healthcare reform is desperately needed. Higher costs and increased competition have administrators in great need of ways to reduce costs and eliminate waste, without sacrificing quality of care. This has brought the benefits of automation to the spotlight.

TYPE A PROJECT--MSF is a neutral and impartial humanitarian organization that aims first and foremost to provide high-quality medical care to the people who need it the most. It does not promote the agenda of any country, political party, or religious faith, and, as such, endeavors to communicate its history, background, and capabilities to all parties in a given situation so that it may gain the necessary access to populations in need..On any given day, more than 30,000 doctors, nurses, logisticians, water-and-sanitation experts, administrators, and other qualified professionals working with MSF can be found providing medical care around the world..In 2012, MSF medical teams carried out more than 8.3 million outpatient consultations; delivered more than 185,000 babies; treated more than 1.6 million people for malaria; treated nearly 350,000 severely and moderately malnourished children; provided some 284,000 people living with HIV/AIDS with antiretroviral therapy; conducted more than 78,000 surgeries, and vaccinated 690,000 against measles and 496,000 against meningitis