...Today’s health care market is growing compared to where it used to be when the economy was at an all time low. Providers, health care facilities, insurance companies, and patients have all had to take a different approach in health care. The demand for health care is stronger because it is being made a prominent issue is politics and society. Society is speaking up and politicians are being forced to address their concerns. Health Care is a debatable issue that will take a lot of dedication and communication to truly help resolve. Leaders of the health care market should address prices, incomes, and insurance rates to justly assess the demand for health care. All of these issues directly relate to consumers and the demand for health care. To get a better understanding of how the health care market is growing, the needs of society must be addressed. Compare and contrast your personal health care choices with other members of your community and determine your relative contribution to the demand for health care (Please provide specific examples). A key component in health care is research. Research involves planning, organizing, statistics, and evaluating different options. There are many measures that could affect someone’s personal choice for the demand of health care. Some measures are income, family size, insurance carriers, health conditions, and prices. All of these would be determinants of my decision for health care. Increased prices and coinsurance rates reduce...
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...EMPLOYEE BENEFITS & SERVICES While today’s organizations are recognizing employee diversity , most are finding that their personal services benefits packages to be either non-existent or out of date considering the new world market. But with the implementation of new laws and tax breaks for both employer and employee, many are moving toward programs that involve options that benefit the structure as a whole. As organizations compete in today’s marketplace , what become clear is that they must offer products and services that not only appeal to a variety of their employees and customers, but routinely maneuver through with a creative style where its organization strategies will lead to better perspectives of the organization’s sensitivity and its self-worth. In an article from C. Richard Weylman, in an article “Changes in Today’s Marketplace” he state “To win more customers and retain existing ones requires the relentless pursuit of improvement in every aspect of your business. If improvement is not a priority an agenda item for you and your team, the risk of becoming mediocre is very real. Complacency leads to mediocrity which ultimately leads to disastrous results in business as well as in life.” Upon reading this quote in one of my first thoughts was immediately focused upon the employees, their educational skills, experience, and culture. Second, I thought of the process of improvement and how might a business create an environment of improvement by advancing...
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...HAVE ACCESS TO HEALTH INSURANCE Tammy Koo Saint Joseph’s University Abstract This paper delves into three aspects of the past 300 years that helped define the American health care system of the present. Two articles are taken from two textbooks and the other article found online these articles help support the concept that our past behaviors had a direct hand at why health care is so costly and unobtainable to those who absolutely need it. What all texts seem to have in common is the facts that high cost of medical care will prevent the proper care of individuals; technology will continue to advance, medical professionals will continue to treat the ill and the fear of the government involvement will always be present in the minds of a few Americans. THE UNOBTAINABLE ENTITY: WHY MOST AMERICANS STILL DO NOT HAVE ACCESS TO HEALTH INSURANCE There are various aspects and characteristics of American healthcare from the 18th and 19th century that have had a major impact shaping today's US healthcare system. Unlike the rest of the world the United States of America has vehemently and historically rejected universal health insurance. Because of this, our health care has been run in part privately and with minimal assistance from the government. The issue with this can be seen with those who cannot afford health insurance nor qualify for government aided insurance. The preindustrial and postindustrial era each had a major hand at the structure of health care system we...
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...Universal Health Care, perfect system or not, it’s about damn time. Todd Wantz Universal Health Care, perfect system or not, it’s about damn time. Universal health care is a much needed viable entity that is essential in today’s society. So many individuals do not have enough or even any health care. Does society care for each other or should we just “throw out” the downtrodden who cannot afford to have proper health care. There are many reasons why our health care system is out of touch with the reality of today’s economy. Universal health care might not be the perfect solution, but it is better than what we have now and it is the only viable option available to us at this time. There are many reasons to change our health care system; many of them are top of the list of reforms that need to be accomplished. This writer feels that one of the main problems with our health system is the fact of all the frivolous lawsuits that frequent any health care procedure. Instead of the health system worrying about the individual that they are treating, they are more worried about the final results and if there is any chance of a lawsuit. It is understood that things happen, but the way the lawyers feel is that it doesn’t matter if it was right or wrong, let’s do what we need to squeeze every little dime out of the health care providers. As a result more and more health providers will not treat the individual unless they have awesome health insurance. So for the majority of the people...
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...Jamikhan Wilson Dr. Stacy Downing Freshman Colloquium 27 February 2013 The Dangerous Consequences of Growing Inequality In today’s society the pressure of living an American dream has strained society. According to the article, The Dangerous Consequence of Growing Inequality, the author states one powerful consequence of growing inequality is erosion in the amount of free time families have. Families now have to work longer hours to make up for falling wages. Falling wages in the 1970s and 1980s were masked by the entry of a second wage earner in many households into the workforce. At the same time, temporarily and part time workers generally do not have paid vacations, and their numbers in the workforce are growing. Though advancements have been made in the work environment, many are working harder to earn the same wages to try to keep up with the changing economy. While unemployment and debt are increasing, there has been a decline with health insurance, diminishing retirement security, and the ability to earn a proper education. The U.S gap of inequality is continuously increasing with the changing economy. The article also states that, “Families continue to make up for falling wages in order to maintain a certain standard of living is by going deeper into debt.” Approximately sixty percent of all American households carry credit card balances, because they are unable to pay their full month bill. The article says that in 2004 the credit card industry claimed that...
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...Health Care Spending By: Davida McKnight HCS/440 Pranab Root February 16, 2015 Health Care Spending In today’s society the purpose of our nation’s health care practices has shifted from supplying and meeting the medical needs of patients to the supply and demand of fee-for-service care. Our growing health care crisis is the results of medical organizations working with third party payers and private insurance sectors focusing more on the assets of funding instead of the quality of care for patients. As a result the rising cost of health care is continuously huge issue affecting our economy making it difficult for many Americans to live comfortably within our economy less known afford insurance services. The quality of care is not a priority of many health care professionals but the necessity of meeting quantity over volume is the mission of many health care groups. Health care organizations has lost their dedication for healing and helping patients to avoiding and profiting patient volumes. The trending rates of inflation, increased health insurance coverage, demographics, provider merging, technology and the lack of health provider-patient care ratios are enormous contributors as well affecting our nation’s health care spending. The National Health Care Expenditure The National Health Expenditure Accounts (NHEA) are the official estimates of total health care spending in the United States. Dating back to 1960, the NHEA measures annual U.S. expenditures for health...
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...Professional Development Paper Angela Carroll N502-DD1: Health Care Systems Module 3 September 12, 2014 Contributing Factors Related to Failure for Advanced Planning of Long Term Care In today’s society of advancements in medical technology, Americans are living longer which increases the need for long term care. Older adults make up the largest population of those requiring long term care. The current percentage of older adults over the age of 65 is at 12.6% and is expected to increase to 19.3% by 2030. The population of adults over the age of 85 is also expected to increase by the year 2020 (Sultz & Young, 2011). With today’s older adult more than likely being divorced or without children will lead to older adults not having family caregivers. This can also lead to an increase demand of these adults requiring the use of long term care facilities and services. Therefore, one must look at the reasons why older adults and their families overlook the concept of saving for long term care. As a society, what can be done to increase awareness for the need of advance planning? One must understand the definition of long term care. “Long-Term Care involves the need for assistance, including prompting, with activities of daily living” (Calmus, 2013, para. 3). One factor contributing to the lack of advanced planning could be that the majority of long-term care is provided by family members which do not require pay. This can therefore lead to loss of household income because...
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...Retail Minute Clinics Donna Glykas February 15, 2016 HCS/490 Yvette Thompson The health care system landscape has changed tremendously over the years. There are so many different options now, where you can get treatment for your health care needs. The one that I find the most convenient and the one that I think is growing very quickly is the minute clinics in the retail drug store chains, like CVS, Walgreens, Target, etc. There is a nurse practitioner on site and they handle all the preventative care and illnesses that the patient needs when they come in, if the illness is more serious than what they can handle they do recommend you to see your primary doctor or to take other measures to make sure your health needs are met. With the minute clinics you do not need an appointment you just walk in and enter your personal information into a computer with a brief description on what you are there for and then you wait to be seen. They take all insurances and even have deals on lower rates for certain services they offer than a regular doctor office visit would have. They take care of children and adults from 18months old & older. The medical practitioners that work with them are experienced and licensed. They offer routine lab tests, wound care, wellness services, and even share the information of that visit with your primary care physician if you want them too. The marketing approach is very effective as well as their services they use the media to reach out to the...
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...Economic History and Health Care Funding Christina Bacon HCS 440 Economics: The Financing of Healthcare BSCS13JR00 University of Phoenix Online Geoffrey J. Suszkowski, Ph.D., LFHIMSS June 5, 2012 Economic History and Health Care Funding When writing this paper, the subjects covered will be the history of economics and how the economy and health care funding have changed and how the two go hand in hand in today’s society. Where the money will come from to fund health care services such as; Medicaid/Medicare, HMO’s, how hospitals and nursing homes get paid for taking care of people, going to the doctor’s office, or going to the hospital. How the elderly pay to have home health services come in and provide care in their homes. All these things will be covered in this paper. Economic History and Health Care Funding What is economic history and health care funding? Economic history is the way people dealt with supply and demand, cost of production of a product, the levels of income and distribution of wealth, the structure of overseas trade, and the volume and direction of investment, (Adelman, 1985). Health care funding, is the way people would pay for their health care, because in the early years, there was no Medicaid/Medicare, or HMO’s to help pay for health care. The government did not fund health care then like health care is funded now, through government programs such as Medicaid/Medicare, HMO, health insurance, etc. People paid for health care by paying the...
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...Economics Terms and Health Care History Joshua A. Barron HCS/440 May 08, 2012 Larry Gonzales Economics Terms and Heath Care History To understand how Americans came into being with the current health care system in place today, it would behoove society to look where it began, where health care economics had its genesis, and how it evolved into the monster it is today. “The United States spends more on health care, both per capita and as a share of Gross Domestic Product (GDP), than any other country in the world. In 2009, spending on health care reached a record high $2.5 trillion, or 17.6 percent of U.S. GDP” (Center for U.S. Health System Reform, 2011, p. 1, Para 2). The health care industry is the dominating industry in the United States and it is currently controlling and dictating the lives of Americans across the nation. Many workers are weighing the facts of switching jobs because they may have to switch health care coverage, and with the high cost of health insurance many people are left out or cannot afford it. Patients complain about the care they receive and are eager to award their physician with a lawsuit. This paper will discuss the history and evolution of health care economics and the timeline of health care funding. History of Health Care Economics “Who will pay for the dramatic changes to health care. In the past it has been our experience, for most individuals to pay their medical bills with private funding...
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...Health Care Changes and Challenges Dindi White HSC490 May 18, 2015 Jennifer Johnson Health Care Changes and Challenges Some people may believe that health care is not changing. However, today's health care system is changing. Today’s advanced technology and growing population have required health care organizations to evolve. Changes in health care can present challenges, and the challenges must be addressed and dealt with accordingly. Today’s health care system is changing. In order for health care to remain a competitive force in today’s business world, it must be aware of the shifts taking place that will affect them. Social media, advancements in technology and awareness of consumer behavior are three shifts currently taking place in the healthcare field. Knowledge of how these shifts work to improve health care is beneficial to assist health care organizations in providing quality care. Social media has grown in popularity in the last decade. Health care organizations have begun to utilize social media to reach out to their consumers and provide preventive, managed health care. “Social media provide people with additional opportunities to enhance their knowledge and their ability to care for themselves, and online communities are attracting older and broader audiences” (Thielst, 2013, p. 3). By using social media to communicate and collaborate health care providers and consumers can work together to develop a plan of care. Advancements in health care technology...
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...Donnie Tatar University of Michigan HSM544: Health Policy and Economics As the newly appointed chief of staff I have been tasked with responding to a proposal for reducing Medicare expenditures by enrolling participants in HMO. I understand that we have some key questions must be addressed and that we must justify our position on either economic efficiency or equity grounds. Outlined below are some of the questions that must be answered in order address this issue properly. Is Medicare in a state of crisis? Are you aware of the various policies that are being enacted from each state to state regarding the qualification of Medicare? Medicare is funded by the federal government and each state is responsible for operating the Medicare program as well as the local Medicaid programs. However, premiums have increased for Medicare and also, the coverage has changed in the past few years requiring people to purchase additional supplemental Medicare policies - this is difficult for elderly that have fixed incomes. If the elderly are unable to purchase Medicare, they will go uninsured. The Medicare system is double-funded. It is funded by the taxpayer (federal dollar) as well as the premiums being collected. But, in being double-funded, the coverage is still not as high as most private insurance companies making them appear with less quality. Are radical measures necessary to preserve the program? This is a very interesting question and you will have to take a more subjective...
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...Americas Health Care Systems Kim Capobianco RN, BSN University of Phoenix Health Care Organizations and Delivery Systems HCS 531 Americas Health Care Systems This paper will look at the health care systems in the United States and will include the implications of beliefs and values that are placed on the health care system. Examples of the various models of health care delivery systems that have been used in the United States and how the health care system applies to the models of the health care delivery in the United States. The definition of a health care system is prevention, treatment and management of illness and preservation of mental and physical well-being through the service offered by the medical and allied health profession (The Free Dictionary, 2009). Many people believe that the current model of health care in the United States is the best health care in the world. However, it has major shortcomings that are becoming more and more visible. The United States has the most expensive health care system in the world based on health expenditure per capita and on total expenditures as a percentage of gross domestic products (Hellender, 2001). The reasons for the high costs in the U.S is due to the rising costs of medical technology, prescription medication and administrative costs resulting from the complex multiple payer system in the U.S. Another reason for the high costs are the high number of uninsured people in the U.S. who required treatment of illness...
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...Health Care Spending in the United States Lisa Patti HCS/440 April 23, 2012 Caryn Callahan Introduction Heath care in the United States is costly and confusing. Many do not follow the facts, policies or cost the government has controlled in health care. This leads to obtaining the incorrect insurance that causes high out of pocket expenses to choosing no health insurance at all. In today’s society many cannot afford health insurance, in 2010 49.9 million people in the United States were without health insurance (Overview of the Uninsured in the United States: A Summary of the 2011 Current Population Survey, 2011). The issues that will be discussed are the level of current nation health care expenditures, whether spending is too much or not enough, where the nation should add or not, and why, and how the public’s health care needs are paid for and financed by various payers. The current level of national healthcare expenditures U.S. health care costs have risen rapidly in the past few years, imposing increased stress on families, businesses, and public budgets. Health spending is increasing more rapidly than the economy and workers' earnings. In recent years, insurance administrative overhead has been rising faster than other components of health spending, while pharmaceutical spending has increased more rapidly than spending on other health care services (The Common Wealth Fund, 2007). The national health care expenditure is a total amount spent in the United States...
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...Ethical Dilemma Paper: Health Care Reform Ethics stands for morality. Morals involve having a sense of right and wrong, good and bad; all are notions that affect the human conscience. Morals inspire rules of actions. In today’s health care with longer life spans, increased dependency on technology advancements, diversity and staff shortages, new demands for collaborations are creating challenges for health care professionals. Health care departments and professionals are there to improve care, provide treatment services, and outcomes, professionals must recognize and respect the rights of each patient and conduct business in an ethical manner. With today’s health care reform is this standard being compromised? Why has this health care reform struck such ethical controversy? Is it because politicians desired to gain the peoples vote against their opponents with Obamacare? Maybe politician’s moral beliefs and values were not to benefit all. In 2010 ethical challenges were brought on when the Patient Protection and Affordable Care Act (PPACA) a federal statue was signed into law by President Obama, requiring U.S. citizens and legal residents to have health insurance and be qualifying health insurance. Congress and the President passed legislation that reduces payments for health care professionals and increases penalties for citizens and businesses, pushing health care providers to nearly being bankrupt, further risking accessibility for all Americans. Health care is defined as the...
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