This paper will discuss the legal challenges within the health care industry. These topics will include the positive and negative changes that America is currently facing. These topics are closely related to the current events of our economy.
First of all, what will universal health care cost us and what will we get from it? The costs of the future changes in the healthcare industry will cost roughly $2.6 trillion dollars over the next 10 years. Paying for healthcare changes over a 10-year budget window is an important and responsible goal, but it is not sufficient. For one thing, it is quite possible to produce a bill that is “paid for” over 10 years by using various scoring gimmicks that would not ensure deficit-neutrality over a longer period. Moreover, even a legitimately paid for 10-year bill could still leave healthcare on an unsustainable track absent reforms that produce long-term savings from current projections. In some ways, it will not matter who pays the increased taxes. If they are paid by corporations, they will raise the price tags of the goods and services they sell, so the individuals will suffer. If they are paid by the consumer, then the consumer will have less to pay for goods and services and the corporations will suffer. It is also expected that these costs could stem from savings from other plans such as Obama Care, Medicare and Medicaid and also by cracking down on the extremely expensive long-term care facilities. Once the actual healthcare laws are confirmed and changed, companies with more than 50 workers will have to pay a penalty if they do not provide healthcare. According to Judy Messina (2012), “constitutional scholars are expecting employees to take companies to court not only for violations of the massive and complex law, but also for technical issues—such as documentation of benefits, change notices and the interpretation of arcane provisions—that workers may claim are preventing
References: Andrews, M. (2009). What will Healthcare Reform Cost You? CBS New Business, http://www.cbsnews.com/stories/2009/08/10/business/moneywatch/main5230656.shtml Adler, J. H. & Cannon, M.F. (2012). Taxation Without Representation: The Illegal IRS Rule to Expand Tax Credits Under the PPACA (July 16, 2012) Journal of Law-Medicine, Forthcoming; Case Legal Studies Research Paper No. 2012-27. from http://search.proquest.com/docview/900307544?accountid=32521 S.J, Wang et al., (2003), A Cost-Benefit Analysis of Electronic Medical Records in Primary Care. American Journal of Medicine 114, no. 5 (2003): 397-403 Mallor, J.P., Barnes, A.J., Bowers, T., & Langvardt, A