The Following Analysis Displays The Next Step To The Already

More and more people with medical insurance are relying on the health care system as new technologies and treatments become available. This leads to a grater number of claims for payment by insurance companies, the costs of which are passed back to health care consumers. The baby-boom generation is entering its peak health-care using period. Over eighty million Americans will turn 50 in the next 10 years. The cost of providing heath care for these individuals will be staggering

What’s next? Some experts say that if the consumer-directed approach doesn’t succeed, em wash their hands of health care altogether. A recent study by the Employee Benefit Researc showed that the proportion of U.S. residents covered by employment-based health benefits d percent in 2000 to 60 percent in 2004. Decades from now, observers may conclude that a counter- revolution in employer coverage began in these early years of the 21st century. —Terence F. Shea

Employers are continuing to face rising health benefit costs and are constantly looking for alternatives to control these escalating costs. Health benefit premiums continue to increase at a double digit pace for employers and employees (Poor, Ross & Tollen, 2004). This escalation is putting environmental pressures on all impacted stakeholders. Companies and insurance providers are squeezing this industry to get a handle on cost while still providing an appropriate level of care. This cycle puts the patient front and center as the ultimate stakeholder who incurs changes in health benefits. This mandate of cost control, efficient operations and market share has facilitated a constant analysis of the dynamic health

Through the history of health care, the standard of care changed from protecting our patient from injury and illness to a systemic entity to make money for insurance companies. Access to services and clinical outcomes are dependent on what health insurance providers will “pay” for in a clinical or community setting; as a result, patient safety, care and satisfaction has been negatively impacted.

It helped to provide coverage for low income Americans, and to assist them in managing the confusing healthcare industry to obtain the most efficient health care. Although the U.S. government should not interfere with market competition, more can be done to preserve the right of being healthy for every American. Within the Medicare and Medicaid programs, a greater option of choice and wider coverage could help improve the American healthcare industry and overall health of the average American

The thought process behind consumer-driven health plans is that consumer activities can be improved in ways that will lessen the cost and

Economic freedom of individual health choices is the overall purpose for Consumer Driven Health Care (CDHC). Freedom of picking the wright policy that fits the specific needs and wants of the consumer. Allowing for the individual to pick the health care provider of their choice is another facet of the program. These choices allow for a more personal approach to finding not only the health care plan but also the provider that the consume may feel the most comfortable with. The end state of which is that the consumer has more control over their health care choices and decisions, rather than

Regulations that prevent insurance companies from participating in interstate commerce have caused competition to grow stagnant in the United States. This lack of competition has allowed the adoption of wasteful procedures by healthcare providers, which in turn passes the increased expenses back to the insurance companies. Therein, insurance costs increase, crippling consumer’s cash flow and quality of life. While healthcare costs continue to rise, people must scrutinize the current healthcare system.

Looking back at our former healthcare system, we see that it was far from flawless, some say it is due to the government, while others claim the health insurance and the healthcare system in general is to blame. So it 's no wonder that the healthcare system is constantly fluctuating. These fluctuations have let us to a system that was very flawed and in dire need of rectification. Furthermore, the health insurance market wasn’t readily accessible to the middle and lower class, due to high costs, bizarre prerequisites, and complicated terminology.

Houston Methodist knows that having a great Wellness program is crucial to any business. They use lifestyle modifications to help improve the health of their employees. Having a healthy work environment, and great employee incentives leads to greater production from your staff. Houston Methodist has invested time and money into the program and it is paying off. This is a great model for any business to follow that is trying to get there wellness program off the ground. They make sure there is something for

Many employees must designate a health plan through their employer. These days, as HMOs (health maintenance organizations) and managed care plans continue to proliferate, that means a choice between bad and worse. As employees line up in the lunch-room for a process called open enrollment, they may be surprised to learn that managed care rates have gone up — again. The mirage that managed care is cheaper care is finally fading. And, for the first time in years, employees may also have the promise of free choice in medicine in the form of a new method of financing health care. Consumers are already aware of horror stories involving HMOs, but cheap rates persuaded many that managed care is less expensive. Recent

The most consistent and prominent concerns of consumer-driven health care plans amongst employees were that employees wish for healthcare services to be at an affordable price. The employees had issues with the high deductible plans and having enough money to cover any medical emergencies and expenses. Employees wanted to have the ability to choose their own healthcare provider and not get penalized for utilizing out-of-network providers. Both HealthPartners and Medica provided the options of no fees for selecting a out-of-network provider, however the employee was require to have higher monthly fees. See Exhibit 3 below: (Herzlinger, Hurwich, & Bokser, 2014, pg. 12). The employee had to choose between paying higher yearly deductibles and lower

Health and wellness in the work place is a vital part to a company’s success. Employees who are healthier and more productive are less likely to call out from sickness. There are not many companies that have affordable health care coverage for employees. More companies should make healthcare affordable for their employees and their family. Research has been done on how effective health and wellness programs can be in the workplace. Throughout the reading these points will be discussed. The effectiveness of health and wellness in the workplace will also be spoken of. Health and wellness activities in the workplace will be a positive move for companies and employees.

Overall, the role of health insurance as a financial channel will be mentioned. Monetary business objectives will be contrasted with the altruistic goals of health care as a humanitarian service. The benefits of shifting health care management altogether to the government will be discussed, emphasizing its positive effects on the businesses of the employers and the performances of the employees in the United States.

This will allow for increased spending in other areas of our company, creating a more productive budget. In addition, participation in the Wellness Program will provide employees that are able to work more often and more efficiently. This will undoubtedly increase productivity and decrease turnover. With 39,000 employees in the United States and 30 foreign nations, it is imperative that we maintain healthy and productive employees. Because of these significant benefits, it is crucial that we maintain and improve participation in the program. However, there are several concerns that may hinder such participation: 1. Despite Whirlpool’s guarantee of confidentiality, many employees do not trust the company with such private information. a. Employees have expressed their fear in the use of the information. They are concerned that their health status may negatively affect their position in the company. b. Although it is assured that no records are kept, employees fear the leak of private health information to their peers. If information was leaked, they fear the effects on their reputation and social standing within the company. 2. In order for the new addition to our program to be successful, it is important that we stress the benefits to our current employees. a. If our employees do not