Some examples are selling policies across state lines; create high-risk pools, and tort reform. If citizens were able to buy insurance across state lines, it will result in “a race to the bottom in which insurance would soon stop guaranteeing access to healthcare” (Terry). High risk pools will have high premiums in which people with low income or no income at all cannot afford them. The president and his supporters have put part of the tort reform in the health reform bill. The tort reform will help protect physicians and medical facilities from malpractice law suits.
However, Dr. Marc Stern pointed out in the article “Prison Inmate Awaits Organ Transplant” that the operation can be covered between $250,000 and $500,000. For each prison system, there are $80-million health care budget funded by the government. Some people eclaimed that prison It may not be enough money to pay for all the health bills. Most prison systems cannot afford huge bills within the heart transplantation. It is approximately a million dollars for health service.
e. Would you be likely to choose this as your bank or credit union? Why or why not? List at least two reasons for or against choosing this bank or credit union. (3-6 sentences. 2.0 points) I would choose to use Bank of America because one my family has used it for years and they cash most checks even if you don’t have an account with them.
Lastly, the amount of personal bankruptcies will be reduced. Many Americans file for bankruptcy because of their medical bills, if the rates go down and more people can afford coverage then it would make sense that the amount of bankruptcies would also go down. Even though the pros all help and seem great the cons to this policy also holds valid points. First, “18 million of the uninsured will be forced to go under Medicaid, while the rest will have to accept another government program. Even so, millions will remain uninsured,” (Pros and cons of Obama care June 29, 2012).
Medical plan options include high-deductible plans, health savings accounts, fee-for-service plans, health maintenance organization plans and preferred provider organization plans. The Federal Employees Health Benefits (FEHBH) Program is one of the most valuable benefits of Federal employment, but the coverage is not automatic. You must enroll within the first 60 days of employment or wait until open season towards the end of the year. There is no retroactive coverage for your expenses prior to the effective date of enrollment. Most Federal employees earn both annual and sick leave.
In 2006 1/3 (about 29%) of claims paid by Medicare for “durable medical equipment” was incorrect for fiscal year 2006. Medicare and private health insurance companies pay nearly $16 billion a year for unnecessary tests doctors tell their patients they need. An estimated $23.7 billion in incorrect payments were made in 2007 including $10.8 billion in Medicare and $12.9 billion for Medicaid. From 2000 – 2007 478,500 claims were made and paid to dead physicians, this totaled $92 million. Improper payments to individuals, organizations, and contractors in 2009 totaled $98 billion, of that $54 billion were due to Medicare and Medicaid.
The quality of health care that patients receive would be greatly reduced. Nationalizing health care reduces patient and doctor flexibility leading to poorer treatment of patients. Patients are not likely to curb their doctor visits and drug costs if it is free, so total costs of health care will be several times what they are now. In order to cut costs of health insurance price and salary controls on drugs, medical equipment, and medical services will probably be put into effect. People who live in countries that have nationalized health care have to wait on very long waiting lists before they are treated sometimes.
Patent systems prevent copyright on products e.g. the HIV drug is copyrighted and remains at a too high price for people in need to access it but costs little to make. At the end of 2000, there were 36.1 million people living with HIV/AIDs in the world. More than 95% of them lived in the developing world and it is estimated 800 people die from it each day. Most political decisions are made on a national or global scale and can prevent the access of some technology to particular places.
embassies in their home countries rather than here in the United State. Limiting the total amount of visas granted to all political asylum to 20,000 annually. Currently that “number is unlimited” but only “10,000 will be rewarded permanent residency,” this is according to data from United State Citizenship and Immigration Services (USCIS) Additionally, If and when visas are granted to political asylums in their home countries, adults should be granted a 5years conditional work permit that allowed them to work only in the services industries such as hospitality, agriculture and construction. These sectors have tendency of facing labor shortages and those immigrants could fill the employment gap in those industries. In addition, allowing them to paid a onetime fee of $2,000 for the right to work or a 20 percent income tax whatever is higher.
No healthcare can leave many lives lost and even ruined financially. Healthcare is unaffordable, in 2007, 62 percent of all bankruptcies were related to medical expenses and 78 percent of the bankruptcies were filed by people with no health insurance. America's Health Insurance Plans (AHIP) that its proposal will achieve universal coverage, curtail runaway healthcare spending, help consumers and purchasers, and improve quality of care. (Versely) In order for healthcare reform to be achieved it is going to take a lot of work politically, but with American’s speaking up it is possible. Over 45 million Americans who are uninsured speak volumes about the problems with our present healthcare system.