The Medical Field For The Health Care System

Many countries such as Canada, India, and the UK have price controls. The governments of these countries impose regulations that control the prices of new drugs as well as generics without compromising safety but at the same time they do not burden pharmaceutical companies

The current debate over the Mylan Company’s near monopoly of the epinephrine market through its EpiPen shows what can happen without monopoly regulation. While the cost to produce an Epipen is around $30, the price to the consumer is around $300 each. The economic implications for a family that needs to keep the device on hand to save a life can be excessively high, the emotional results of not having one when you need one are debilitating. This monopoly is further enhanced by state-enforced regulations requiring that schools keep EpiPens in stock and the, so-called, EpiPen law enacted in 2013, which leave little incentive for other pharmaceutical companies to develop their own technology for fast-acting emergency devices. (Bartolone, 2016) Breaking Mylan’s monopoly will not only lead to new product development but lower prices for consumers for a life-saving delivery

Over recent years, people are faced with different health related issues regardless of the advancement in the medical field (Kronenfeld, 2008). In this scenario, Molly is an 82 years old lady, who has developed health problems which make her feel isolated and lonely. The following essay highlights Molly’s leg ulcer, primary health care, wellness, health professionals and how these have been used to create a learning program for Molly. It also describes the pathophysiology of diabetes, Type II Diabetes and resources/ support services for the client’s spouse who is experiencing grief after the client died.

One area that has contributed to the rise of healthcare costs are the varieties of healthcare services offered to the patient. Competition between providers has caused physicians and hospitals to offer the most current healthcare technologies and modern, eye-catching settings in order to attract and retain clients (Shi & Singh, 2015). Reimbursements for costly procedures and hospital services have been compensated at a higher rate which has also supported the expansion of hospital and specialty procedure settings (Schroeder & Frist, 2013). Renovations of the physical settings and the acquisition of expensive technologies have elevated healthcare services prices to encompass the additional costs of providing high technical services and attracting clients and cause the over-utilization of expensive treatments.

In 2007, the Mylan pharmaceutical company purchased the rights to the EpiPen. The drug inside the EpiPen is Epinephrine, which is a synthetic adrenaline that is used to treat possible anaphylaxis shock caused by allergies. “Evidence-based guidelines recommend the prompt administration of epinephrine as first-line treatment for an anaphylactic episode” (Dinakar, 2012). Millions depend on carrying the drug to live a normal life. Currently the EpiPen has no

This fundamental transformation of the healthcare industry is led by the Affordable Care Act (ACA). One of the impacts of this legislation was significantly reducing the rate of uninsured – from over 16% at the end of 2013 to under 11% at the start of 2015 (Source: Kaiser Family Foundation) – which has expanded procedure volume, creating a corresponding revenue tailwind for medical devices and Medtronic. To address the increasing costs and inefficiencies, the ACA shifts risk and accountability from payers to providers and other healthcare stakeholders. However, additional policies have also been shifting the way the healthcare industry thinks about reimbursement and cost.

Recently, there had been a controversy over the rise in pharmaceutical costs involving the EpiPen in the United States. The EpiPen, also known as adrenaline/epinephrine, is a widely used injection that is used to treat allergic reactions. This generic drug has been available for many years. The EpiPen controversy is a prime example of how monopoly

Hospital visits are stressful and costly, though the aftermath of the medical bill can be almost as, if not more, stressful as the reason for the visit. Final medical bills can reach extravagant totals for things as simple as gauze pads, which can cost as much as $77 in a hospital setting when a whole box at the store is about $5.1(pp40) Bill markups such as the latter, can cause financial strain on family members and patients, all while creating conundrums for health providers. So, where does this surge in cost come from and who pays for it? These are the questions that Steven Brill, addresses in ‘Bitter Pill: Why Medical Bills Are Killing Us’.

Drug abuse is an illness of the brain, and it has a negative impact on the body system. It weakens the immune system making is difficult for the body to fight diseases. Drug use also affect other organs of the body which includes the heart, liver kidney and the brain. This illness can cause paranoid, aggression, impaired judgment, hallucination and suicidal ideations. The statistics available shows that annual number of people with substances dependency in 2013 is 21.6 million. The figure has been fluctuating between 20.6million to 22.7 million from 2002 to 2012(National Survey on Drug use and Health 2013) Adolescent who use drugs are more likely to engage in unprotected sex and have unwanted pregnancies. The Affordable Care Act made health care accessible for substance abuse patient, sometimes all the coat is not covered. People without insurance will not seek for help because of healthcare cost.

Steven Brill feels that American health care is eating away at our economy and our treasury and discusses the costs associated with the provision of health care services in the U.S.. The article explores the medical world through the medical expenses incurred by a 64-year-old Janice S., Sean Recchi, A 42-year-old from Lancaster, Ohio and several other egregiously billed patients. The article poses the question: why exactly are the medical bills so high; in particular hospital bills?

The Medical Field is a field of study that allows people to help others. Although the medical field is very challenging, the help that you give others makes up for it. There are many jobs throughout the medical field, two jobs that I would want to pursue would be a neonatologist or to be an obstetrician. Although both careers deal with babies they both have their differences in education requirements and skills needed to do these jobs.

In this paper there will be a brief discussion of three forces that have affected the development of the U.S healthcare system. It will observe whether or not these forces will continue to have an effect on the U.S healthcare system over the next decade. This paper will also include an additional force, which may be lead to believe to have an impact on the health care system of the nation. And lastly this paper will evaluate the importance of technology in healthcare.

The healthcare system plays a key role in the economic stability of our country, as every year trillions are spent in attempt to combat disease and health issues that plaque humanity. As it makes up a significant amount of the expenditures in the economy, so the costs associated with health care of those in pain from illness and injury, including lost productivity, increased need of assistance in living and also the cost of death in some cases, is important to the economic stability and over all standard of living in our country. The key to economic prosperity is balancing the need for care with the costs of illness to keep as many people healthy and well without breaking the bank of collective society. The costs of healthcare have been increasingly problematic in recent years with so many issues surrounding the current system. With the “total health care spending in the United States expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010 and $75 billion in 1970, meaning that health care spending will account for nearly 20 percent of gross domestic product (GDP), or one-fifth of the U.S. economy, by 2021” (Aetna). With this in mind it is apparent that as we look at the trillion-dollar industry of the medical community it seems that it needs to be a major focus of our nation as a whole and with the many issues come many creative solutions. First let us analyze the reasons behind the current cost and the major problems facing this industry and than discus what

Given the fact that the United states of America and Canada are linked together sharing a border which is open basically to and from both sides, their health care systems are highly different from each other and how the services are financed, organized and given to the citizens.

The Governments are the bulk purchasers of these drugs and the various government regulations determine the price that the pharmaceutical companies can charge. This varies from country to country.