Throughout the last few decades nationalizing of health care has been a very controversial topic. Health care has been a problem among Americans for many years. Today many Americans have little or no health insurance. Many Americans do not get the proper medical treatment. Health care is hard for people to get the proper coverage due to high prices, pre-existing conditions, or debt problems.
Chantra Horton ACC281 Accounting Concepts for Health Care Professional The California Sutter Health Approach Mark Strictlett January 30, 2012 An increasing issue within the health care field is the inability to collect debt from the growing population of uninsured or underinsured patients. Health care organizations may be struggling to meet operational margins because the industry has never treated its customers like other retail- oriented sectors of the economy. Hospitals incur sixty billion dollars in bad debt annually because the typically collect only ten to twenty percent of a total uninsured patient balance after service. This is due to a number of reasons, including poor accounting practices, or a lack of patient information.
The insurance companies and Medicaid have a set allowable charge for nursing care and supplies. The system is efficient but some clients need more supplies than the allowable billing amount and it leaves the client to make up for the difference. References McCarty, E. (2012, February 20). Interview by LL Lee [Personal Interview]. Budget assessment.
The purpose of the eligibility period is to reduce insurance costs by preventing people from waiting until after they discover a health problem to sign up for coverage. Both employers and associations may also have an open enrollment period each year, during which you may sign, up for coverage, modify your existing coverage, or add dependents to your coverage. Some of the benefits for a group HMO is you don’t need a physical exam, under a group health insurance arrangement, the insurance company agrees to insure all members of the group, regardless of current physical condition or health history. The only condition is that the group members must apply for insurance within the specified eligibility period. It's cheaper than individual insurance because only one policy is issued for the entire group; the initial cost of establishing group coverage is lower than the cost of issuing a separate policy to each person.
Difference and Similarities among the major types of health plans 01/04/2012 The two major types of insurances in the United States are the indemnity and managed. Indemnity insurance patients can choose health care providers and hospitals. Referrals to specialists are not required. Patients pay deductible and insurance will pay the major part of the bill if the expenses will be considered “reasonable and customary”. Preventive care services are not covered.
Davis will find that healthcare has pros and cons in each of those countries as well. Healthcare is publically funded in Great Britain regardless of income, employment, pre-existing condition or age. Services are free of charge. Medications are free to patients under the age of 16 and over the age of 59 years, for birth control purposes and low income. Most health care is provided in the primary care setting with specialty care referrals provided at the discretion of the primary care provider and may take as little time as a few weeks to several months.
The pay-for-performance in health care is a major change for this nation and has never been under taken before but the improved healthcare policies of the pay-for-performance will lower the cost of healthcare for the United States government. This program has advantages and disadvantages but those in research, advocates for healthcare, and the healthcare community can determine which program that works best. The pay-for-performance affects the healthcare providers and the patients for two main reasons. First, the providers receiving pay-for-performance effects the reimbursement but more important, for the patients the quality and efficiency in healthcare services must not suffer because of cost
The most expensive system in the world, the American healthcare system is riddled with problems and contradictions. One could say that this system is a work in progress, driven by interests with two goals that are often contradictory: providing healthcare to the sick, and generating income for the persons and organizations that assume the financial risk. UK patients prefer to be taxed in order to have free point of service healthcare. This system also allows UK pensioners to be able to retire and not have to keep working in order to maintain healthcare. Children’s dental, health and eye sight needs are free unlike the US healthcare, which creates a higher patient satisfaction with the national healthcare
I know that anytime there is change taking place whether it is in our daily lives, our jobs or in the government it is hard to adjust. Not having all the details explained makes it hard to understand and then we all worry about the unknown’s of a new system. Having 32 million Americans uninsured means a lot of change for a lot of people and I am sure they are scared because if they can’t afford health insurance now then how does the President expect them to do it now. I am fortunate to have a good job with health insurance and I am thankful for this, but I also wonder if my corporation will be able to continue to offer this to its employees. In conclusion, there are many unanswered questions about healthcare reform we just have to trust that God he has the right person in charge of the decisions that are being put into place!
It states that because the costs of healthcare continue to increase so does the number of uninsured which in return increases the costs even more. “Primary care coverage for the uninsured is the first necessary step to reform and can be more cost effective and tolerable than a major system.” (Stephens, J. H., & Ledlow, G. R., 2010). Hospitals and physicians would spend much less on uncompensated care and patient’s health care debts would be much less. The idea of providing basic care as a right for all citizens would not only help the healthcare systems cost issues it would also increase the quality of healthcare. Everyone would then have the availability to preventative services and treatments meaning that less people would be likely to wait to seek medical care for an acute illness and the number of people attending emergency care departments would decrease.