The two economic assumptions are (1) there will be fewer insured citizens and (2) the cost of insurance premiums will increase. In a market where there are countless uninsured individuals, they tend to seek medical care less due to the affordability. The short-term impact on the market will cause health care organization will have fewer people to compete for their business; therefore, they will have to increase their marketing technique to gain an advantage on the competition, or there will be a decline in business. In regards to long-term impact, organizations will have to find new methods to be able to service the uninsured population by making health care affordable while still earning a profit. As for premium increase, this too will affect…
1: Complete a one page position paper (your opinion) about current health and human services reimbursement.…
Obama Care also increases a person’s protections. This means that Obama Care has implemented measures that will no longer allow an insurance company to drop a customer while they are sick. Also it stops the insurance companies from cutting off a customer’s coverage due to time limits. Obama Care’s most important aspect is that it makes it much more difficult for insurance companies to deny coverage based upon preexisting conditions, and if a person with a pre-existing condition is denied, the individual has a more legal standing.…
Based on my income, age and the frequency of doctor visits I am currently enrolled in a preferred provider organization also known as an (PPO) as stated in Siegel, R., & Yacht, C. on the subject of personal finance (p. 246). Additionally, this is covered through blue Cross/Blue Shield. Therefore, I am under a network of health care providers that provide preventive care. The advantages of carrying this type of health insurance allows me to track my health year to year and detect early sings of health issues. Moreover, covered in my insurance is by a prescription drug plan that I pay ten dollars for generic prescriptions. The disadvantage of carrying a (PPO) health insurance is that it will cost more to go out of network.…
1. What is a deductible? How does a deductible affect insurance? C A deductible is the amount of money that the policyholder will pay before the insurance company will pay on the insured loss.…
Many studies have show that people without health insurance do not get the health care they need. The sicker they become, the more tests, surgeries, and other health care services they need. This scenario increases costs to the health care…
Healthcare is a fast growing industry in America, so any changes that are enforced not only affect the industry but the entire nation. Any type of healthcare employee or patient will feel some consequence of these changes, even if they are minute. Since the healthcare industry is so large, America’s economy will also feel repercussions of change.…
To begin with, the majority of insurance companies are privately owned and this allows companies to set their own rules and causes health insurance to become unaffordable. First, companies “maximize premiums and…
I agree with you, the United States health care system is very expensive. Because of this many people do not have health insurance. People how to have less income they cannot afford the health insurance because of premium and copayment. That makes them jeopardy their health. Uninsured people have less access to recommended care, receive poorer quality of care, and experience worse health outcomes than insured people do. People who are uninsured suffer significant health consequences as a result of not having insurance. Being uninsured has been correlated with poorer quality of health care, lower rates of preventive care, and greater probability of death. Many uninsured people avoid seeking medical care unless they are faced with an emergency,…
There are two common procedures done on the digestive system. These procedures are the lap band and gastric bypass surgery. These procedures are to help people achieve weight loss. There are millions of people who have gotten these procedures done throughout the United States. However, the results are not always what you expect.…
According to Obamacare facts "Obamacare contains more than a thousand pages of reforms to the insurance industry and health care sector in order to reduce health care costs and provide affordable health insurance for all Americans." This sounds like a great idea, right? This is the American dream, is not it? For many people, this is a great idea that they will finally be able to receive health care and take that burden off their backs. People see this as someone finally caring and listening, politics finally do something for the people, to the people. For the 44 million people who can not afford health care, this is the best reform Obama will do in his presidential period. But what Obama failed to mention in this whirlwind of Obamacare are the negative effects of Obamacare.…
The reform will likely affect cost containment, because the increase in emergency department visits has increased in recent years and the United States is the world’s highest spender on health care. The reason the United States is one of the highest spenders of health care, is because the citizens want the highest quality of service and the shortest amount of time to wait to see the physician. The United States also offers a variety of expensive procedures and technological advancements compared to majority of countries. This puts pressure on hospitals and the staff, to treat the patients to the best of their capabilities, while adhering to their principles and responsibilities. The reform will affect public health by having all citizens have health insurance and emphasizing that all individuals are responsible for their own health. Having the best health, originally starts with the choices the individual makes, either by healthy choices or making the choices to put them at risk for health problems. The reform will affect access to care by limiting the individual's access to the physicians they want to see personally, because health care coverage is restricted on who they can see and afford. Also, with more individuals having access to insurance, that did not have it before, they are going to see physicians on health related problems that…
Some impacts are introduced in many interviews of random individuals, too give an idea of what Obama Care really is becoming. Obama Care will impose new compliance regulations, employer mandate taxes, and numerous indirect costs on small, and medium-size companies. For Scott Womack, the owner of a dozen IHOP restaurants in Indiana and Ohio, these are obstacles that will most likely prevent him from expanding his business and hiring new employees. Ann Lorenz a senior citizen relies on Medicare as she copes with serious health care challenges, including Parkinson 's Disease. Ann sees a number of doctors and depends on a variety of prescription drugs and therapies to stay independent. She worries that Obama Care threatens her access to doctors, treatment options and insurance plans. This mainly exemplified that Obama Care does not cover her doctor bills that she needs to pay or she would be at risk of not obtaining her prescriptions, but it is all great there are other doctors that are covered by Obama Care you can change your health care. Obama care will discourage the uninsured from seeking coverage and cause the insured to lose the coverage they currently have. The uninsured also can not afford their bills including those who are in poverty, they will be fined if they can not afford their monthly low cost bill. Its amazing that the government forces you to obtain a health insurance but if you can not afford it you will be…
ObamaCare and the Healthcare System Medical and health insurance is a very helpful and needed aid in America. Although not…
I value all your positive impact for the fight to improve the health care services for all citizens in twenty-four district of Florida. Your commitment to serve the surrounding communities is outstanding and felt by all person who has a meeting with you. In the case of the health policy, Medicare, your unwavering work to fight for the rights of all individuals have been supported by Congress to expand the Medicare benefits plans for all Americans. The future of health reform tries to help establish a country that recognizes that all Americans’ need health coverage. The cost of health care coverage is excessively high, and many American families cannot afford health care services without the assistance of government support programs such as…