HLTH 5120
Abstract
According to the Kaiser Family Foundation and Health Research and Educational Trust The Health care reform’s existing position after more than a year of political debate and legislative banter, congress finally approved a comprehensive health reform package. President Obama signed both health care reform bills, which included the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. It 's no secret that health care rates are spiraling out of control in this nation. On average, we now pay out more per person on health care than both groceries and accommodations. Insurance premiums are increasing much quicker than inflation, which prevents economic expansion and leaves businesses with a smaller amount of money to give raises or hire more employees.
Introduction
According to the Kaiser Family Foundation health care expenses are getting higher and higher each day. Health insurance premiums is now two times more in the last 9 years than ever before, increasing 4 times more rapidly than income in the past 8 years, and mounting co-pays and deductibles threaten access to care. Several insurance policies cover only an inadequate number of physicians’ visits or hospital days, exposing families to unrestricted monetary responsibility. More than half of all individual bankruptcies today are caused by medical bills. Lack of inexpensive health care is compounded by severe imperfections in our health care delivery system. About 150,000 Americans die from medical inaccuracy in hospitals each year.
Barack Obama’s universal health care reform will promise inexpensive, accessible health care treatment for all Americans. At present time, there are over 50 million Americans lacking health insurance, and millions more are in jeopardy of losing their coverage due to escalating expenses. Increasing costs are also a load on employers, mainly small businesses, which are
References: 1 Kaiser Family Foundation and Health Research and Educational Trust. (2008). Employer Health Benefits 2008, Retrieved on October 21, 2010 from http://kff.org/insurance/7527/index.cfm; Bureau of Labor Statistics. 2 David U. Himmelstein, Elizabeth Warren, Deborah Thorne, and Steffie Wooldhandler (February 2005). “Illness and Injury as Contributors to Bankruptcy,” Health Affairs, Retrieved on October 22, 2010 from http://content.healthaffairs.org/cgi/content/abstract/hlthaff.w5.63v1 3 Linda T. Kohn, Janet M. Corrigan, and Molla S. Donaldson, Editors; Committee on Quality of Health Care in America, Institute of Medicine (2000). To Err is Human. Washington, DC: National Academy Press. 4 Steffie Woolhandler, Terry Campbell, and David U. Himmelstein (2003) “Costs of Health Care Administration in the United States and Canada.” New England Journal of Medicine. 5 Census Bureau, Retrieved on October 22, 2010 from http://www.census.gov/prod/2008pubs/p60-235.pdf 6 Kaiser Family Foundation, The Uninsured: A Primer (2006), Retrieved on October 23, 2010 from http://kff.org/uninsured/upload/7451- 7 Pros and con of Health care reform bill. Retrieved on October 26, 2010 from http://squashed.tumblr.com/post/461043647/updatedprosandconsofthehealthcarereformbill