Unfortunately, standard economic reasoning does not always apply to health care. According to Chernew & Fendrick (2008), “The price of prescription drugs generally exceeds marginal costs” and “when faced with cost sharing consumers reduce consumption of both high-value and low-value services” (p.…
The depiction of the painting and the article are quite similar. One of the reasons is because when Martha Corey was accused for being a witch by other three women, she had to stand on trial. In this painting, it is shown that a woman is kneeling in front of the judges while women around her seem to be enraged and in pain. As it was said on the article, “when Martha shifted her feet the girls did also, when Martha bit her lip the girls were compelled to it their own lips, crying out in pain.” Women acted and accused as not to be put on trial, or to be executed in some cases. It was also said that girls were pressured into revealing the person behind all this problems. This made things complicated since this work was reasoned by the community…
companies are charging more in the United States for medication than they do in other…
The documentary, Escape Fire: The Fight to Rescue American Healthcare, criticizes the current healthcare system designed for profit maximization, a physician’s dilemma between financial incentives and professionalism, and quick fixes rather than prevention of illness. The U.S. government spends $2.7 trillion annually on healthcare, and pharmaceutical drugs account for $300 billion, almost as much as the rest of the world combined (Escape Fire). The mindset that drugs are the only appropriate way to treat disease is invalid. Physician salaries are driven by the number of treatments and drugs that are prescribed and administered. The U.S. healthcare system is a business model where economic…
right3465759Source: Adapted from Nature – “Pricing Medicines: Theory and Practice, Challenges and Opportunities” – 2005…
As Christina Baldwin said: “ Journal writing is a voyage to the interior”. These journals not only symbolize my opinions about certain topics such as religion, gun control... but also represents me in every word and sentence written. I never thought that writing journals could arise so many emotions inside me while being so fun. Even though I wrote journals in GS100, the topics of this semester were more interesting. It developed my interest since we started writing the first journal. During this period, I realized that this experience not only made me grow up as a person but also as a writer.…
Langreth, R. (2014, May). Big pharma 's favorite prescription: higher prices. , (), . Retrieved from…
Writing has always been one of the most crucial aspects of a person’s daily life simply because it is everywhere. As a few examples, it is present when sending a letter, writing an email, posting on social media, publishing research documents, generating a code, etc. Yet, despite the unique goal a specific written piece might have, in general, it has the purpose of communicating something, an idea, to someone else, an audience. Therefore, how well something is written should be assessed as a matter of its effectiveness to communicate clearly its core idea.…
No one knows when disease will strike, care outcomes, and the quality of treatment. Proper information is mandatory in health care decision making, because without it, greater severities can occur. There is also the issue of physicians and hospitals receiving payment for their services rather than the quality of care they provide. A hospital may be paid for a surgery on a patient with an ACL tear, but if that surgery goes wrong and they’re paid again for another procedure, than there is something terribly wrong. This example reminds me of the documentary Escape Fire: The Fight to Rescue American Healthcare. One aspect of the documentary sheds light on how primary care physicians are the most underpaid physicians in medicine today. Primary care physicians are the first responders when a patient is sick or is concerned about his or her health, so why is it that they are the most underpaid in the health care community? Physicians have a moral obligation to provide the best possible care they can and they are obligated to treat the whole patient. If physicians carry the attitude of being as productive as possible in order to get paid more by Medicare and Medicaid, then patients will not receive the quality of care they deserve. Herzlinger’s book is one that has opened my eyes to the corruption and almost evilness of our current healthcare system, and has allowed me to think critically about how I can contribute to health care reform. I exclaim that it is a must read for anyone interested in the improvement of the quality and efficiency of our health care…
“Last February, the price of Evzio, an auto-injected drug that is used to treat opioid overdose, jumped to over $4,000 — from just $690 in 2014 — just as demand for the medicine was quickly rising.” states the AARP (American Association of Retired Persons). Price hikes for prescription drugs have become a recurring problem. They’ve gotten so expensive that many people can’t afford them, and they seem to only be getting more expensive. Though many would argue that it’s a business’ choice if they want to raise the price of their product, it’s dangerous to allow them to do so. Pharmaceutical companies should have a set price limit, otherwise the skyrocket of prices hurt those who rely on the now expensive drugs.…
You Just Don’t Understand Women and Men in Conversation by Deborah Tannen is basically an explanation on how women and men converse. Tannens main goal is to give advice to the different genders in order for them to avoid as much conflict as possible. Tannen’s main ideas are to explain how differently women and men react to each other’s way of being. It’s like they’re in their own little world while living in the same big world. Men tend to try to dominate situations and tend to always want to be at the top. Women do not tend to want to get into conflict but tend to show understanding. These big differences bring them into conflict. A Tannen explains, “What he wanted conflicted with what she wanted”. (40) Women and men are constantly clashing in opinions.…
health care system is dysfunctional and can no longer continue as it currently operates. With or without Affordable Care Act (ACA), there is a need for a deep change. The United States spends more money on health care because a nation is less healthy on the average than the rest of the developed world. The system is dysfunctional and ACA is fast-tracking the process of changes that will be faced by the economic and business challenges by health care organizations. The required adjustments to healthcare organizations operating budgets and methodologies for delivering medicine may become a big issue. Health care organizations will have to go from volume-based reimbursement in medicine based on the number of procedures done or patients seen to a value-based system that will give the same money for every patient regardless of the procedure performed. Health care organizations may have lower income since they will treat more patients. They may face cost-pressure factors such as the overall cost of medical care and the increased incidence of chronic disease, cost transparency and reference pricing, increased government role in paying for care, increased coverage and limited highly skilled medical workforce There is a prediction that forty million more people will be covered nationally, at reimbursement rates below the cost of providing that care (Adams et al.,…
“Prescription drugs are only one reason why Medicare needs reform,” (2003, June 17). Retrieved from, http://www.nationalcenter.org/JECReportMedicare603.pdf…
With the current landscape of healthcare in the United States, there are several stakeholders that have conflicting vision as to healthcare administration. Looking at the few key stakeholders, it is comprised of Patients, Physicians, Hospitals, and Payors. Each of the respective groups have different view points on how healthcare administration is judged to be a successful delivery. Exploring each stakeholder’s view of healthcare will provide us with a better understanding of their goals. Understanding the vision of each stakeholders in healthcare allow a broader understanding of the healthcare delivery in the United States and its complexity.…
Prescription-drug costs are out of control. People have to choose between food and their prescriptions. In general, the cost of health care is out of control. There are millions of Americans without health insurance. The cost of going to a doctor is so high many Americans don't even bother until it is often too late or they can no longer bear the pain of that illness. Although I have a doctor which is part of the hospital, I have to pay a co payment every time I go and I don’t always have it. My next choice is to go to the emergency room where as they will bill me. As a matter of fact, health care is not a right afforded to every citizen in our country.…