First the pro side, the first main issue is the fact that the 32 million Americans that don’t have health care will now have access to health care coverage. Many Americans can’t afford health care coverage and this policy lowers the cost so that more Americans will have the opportunity to get the coverage they need. Another pro is that people with preexisting conditions can no longer be denied coverage. Insurance companies have been getting away with denying people the coverage they need because they either get sick or because they have a preexisting condition and this policy puts an end to all of that. Lastly, the amount of personal bankruptcies will be reduced.
This period is referred to as the "baby boom" era. Many children were conceived, and those children are now our elderly population. After the baby boom era, fertility rates have been steadily declining. The working class are taxed for FICA (federal insurance contribution act), which funds social security. The problem is that there are less working class then there is the elderly population.
Physician Shortage: Economic Concept of demand and demand shifts Roberta Mimms University of Phoenix Health Care Economics HCS 552 Amy Shoales April 23, 2012 Physician Shortage: Economic Concept of demand and demand shifts Many of us have the thought that the idea of being a physician, doing good for another individual, has such an appeal that medical schools should have a waiting list several years long. But that is not so. The world is suffering from a shortage of physicians. The Society of Critical Care Medicine, as cited by Gorman (2011), reports that the “shortage of full-time physicians will approach nearly 125,000 by 2025. It is estimated that we will need 1.7 new physicians to replace each one of our retiring physicians
Key Players: The accessibility of employer-sponsored health insurance has dropped about 10% over the past 10 years. With the drop in sponsorship, the total number of Americans that are uninsured has increased. Monthly premiums have approximately doubled within the past few years. With the rising cost of insurance and stagnant incomes, this puts families in a tight situation. Many employers are paying portions of the premium for the employee’s health coverage.
Health care costs are rising; the debt deficit is higher, and the secure futures for the old and young are at jeopardy. There is even talk that my generation may not have social security benefits because of the already retired Boomers since 2006 and the high number of Boomers still remaining to retire in the near
Poor stock market returns in recent years have meant that some older doctors most of whom must finance their own pension plans have delayed retirement.And there has been a realignment or rationalization of tasks in health care, with nurses and physician assistants taking on responsibilities that were once left to doctors, freeing them up to do some tasks that used to fall to specialists.That effect, which Lewis called sensible, will only accelerate as less invasive treatments are brought on line. 6 behind WinCo Foods, according to The Shelby Report of the West. And yet statewide, where it operates a relatively low store count of 30, Walmart commands 10.5 percent of the market share.If local grocers are concerned, they're not letting on. "It may seem like right now it's all ramping up, but look, we've all continued to grow up with new competition take New Seasons, Whole Foods, WinCo Foods," said Melinda Merrill, a spokeswoman for Portland based Fred
The growth of jobs in this field is influenced by many medical record and health information technicians that will be retiring in the years to come. Another thing that impacts the growth is that some people just decide that it is time for a career change and leave the occupation permanently. Technology is and will continue to have an affect also because, employers are and will be looking for employees that understand and keep up with the steadily changing technology. In the year of 2008 there was an estimated amount of 172,500 people employed as medical record and health information technicians in the United States. The United States Department of Labor expects there to be an estimated 207,600 job openings as a medical record and health information technician in the year of 2018, In conclusion the health information technician field has its many advantages from being one of the few occupations in the medical field that has no-contact career, and there is an opportunity to make little bit more than 42k annually.
The Cost of Health Care in the United States Health Care System Tiffany HCA 305 Professor: Teresa Thomas October 7, 2013 Healthcare costs in the United States has been a major issue in the United States for decades. With the population of the baby boomers increasing, and the population of the United States increasing, health care costs are rising and continue to do so. With Congress passing health care reforms, there has been little evidence in the reducing cost of health care. New and advanced technology within the health care field would be a great implementation in reducing health care costs. Also, if people took more responsibility of their health while insurance reforms develop, that would be another attempt in reducing health
Individuals that can afford health care will unfortunately have to pay more to cover those that can’t. The 30 plus million Americans that currently have their own insurance plans, are now facing the unnecessary hardship of receiving cancellation notices due to their plans not meeting the “Obama Care” requirements. Which goes against the initial promise stated by President Obama “if you like your current plan, you could keep it”. As stated before, the money to cover health care cost has to come from someone, who? There’s no magic formula to solving the health care predicament facing a good percentage of Americans.
For many years, I did not have health insurance, as I was too old to continue on my parents' policy and could not yet afford premiums on my own. Therefore I was at risk for years of falling through the cracks in case of a health emergency. Thus, the expansion of health care to younger Americans is a encouraging sign, although I am now too old to take advantage of the expansion. I have private health insurance now, and despite the promise of reigned in premiums in the long term as a result of health care reform, right now I am witnessing what seems like last minute premium hikes by nervous insurance companies. My guess is that the insurance companies are hiking rates now before all of the terms of the Affordable Healthcare Act are fully instituted.