HSA 510 Assignment 4 This One
Running head: CURRENT AND FUTURE ECONOMIC ISSUES IN THE HEALTHCARE SECTOR
Current and Future Economic Issues Impacting Healthcare Sector
HSA 510 -Assignment #4
Jennifer M. Smith
Professor David Tataw
June 14, 2015
The healthcare sector in the US has been in the spotlight for some time now regarding economic issues that intimidate to obstruct the entire system. This has led to an uproar particularly from the public that tends to feel the tweak the most and things keep on getting worse by each day. There is a emphasis on the over 46 million Americans who are uninsured, as well as the insured people, continue to wrestle with the problem of the ever increasing and the consequential out-of-pocket costs. The Obama Administration and the Congress are persistently engaged in ways that can subsidize health care spending, but they as well as other stakeholders need to transfer with speed in order to reinstate some bring the sector under control. In this paper I will discuss the most important and pressing economic issues that confront the United States healthcare industry today and will continue to do so into the next decade, analyze the most significant economic effects of the economic issues on healthcare industry, discuss entities stakeholders may use to address the selected issues from an economic perspective, determine the strategic manner in which the United States can apply best economic best practices from other countries in addressing these issues, assess the likelihood of government and or private sector effectively addressing the issues. The issue of the uninsured Americans and what can be done to rectify the situation has been on the forefront. However true this might be, it is also significant there are also other economic issues that are equally pulling the nation to its bare feet and which deserve to be addressed within the shortest time that can be afforded. The rising cost of the health care in the entire nation has elicited feelings of
Current and Future Economic Issues Impacting Healthcare Sector
HSA 510 -Assignment #4
Jennifer M. Smith
Professor David Tataw
June 14, 2015
The healthcare sector in the US has been in the spotlight for some time now regarding economic issues that intimidate to obstruct the entire system. This has led to an uproar particularly from the public that tends to feel the tweak the most and things keep on getting worse by each day. There is a emphasis on the over 46 million Americans who are uninsured, as well as the insured people, continue to wrestle with the problem of the ever increasing and the consequential out-of-pocket costs. The Obama Administration and the Congress are persistently engaged in ways that can subsidize health care spending, but they as well as other stakeholders need to transfer with speed in order to reinstate some bring the sector under control. In this paper I will discuss the most important and pressing economic issues that confront the United States healthcare industry today and will continue to do so into the next decade, analyze the most significant economic effects of the economic issues on healthcare industry, discuss entities stakeholders may use to address the selected issues from an economic perspective, determine the strategic manner in which the United States can apply best economic best practices from other countries in addressing these issues, assess the likelihood of government and or private sector effectively addressing the issues. The issue of the uninsured Americans and what can be done to rectify the situation has been on the forefront. However true this might be, it is also significant there are also other economic issues that are equally pulling the nation to its bare feet and which deserve to be addressed within the shortest time that can be afforded. The rising cost of the health care in the entire nation has elicited feelings of
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