On February 22, 2010 President Obama had signed the healthcare overhaul bill. The Obama-Biden plan provides more security and stability to those who have health insurance. It will provide insurance to those who don’t. And it will lower the cost of health care for our families, our businesses, and most importantly our government. Under the President Obama plan, patients will be able to make health care decisions with their doctors, instead of being blocked by insurance company bureaucrats; an official in a government department.
Pay-for-Performance Tarvis T. Edwards HCS/531 November 03, 2014 Rachael Kehoe Pay-for-Performance Even though the effects of pay-for-performance will influence the future of health care in patient care, reimbursement to the healthcare providers will require close monitoring. The physician receives reimbursement for providing quality care and for making quality innovations. Pay-for-performance offers financial incentives to close the gap in healthcare the patients receive and the healthcare the patients could receive. The effect of pay-for-performance for the healthcare providers depends on his or her quality and efficiency of services he or she provides
Obama Care a for sure No!! The Obama Care act defined as a good way of providing affordable health insurance for the entire nation. How is the nation going to benefit from this act? I personally believe that the Obama Care act is beneficiating doctors and insurance providers by rewarding them, and it also may conclude to depriving people form the doctors or insurance that they have chosen. The Obama Care act is an act to beneficiate doctors and insurance companies by rewarding them.
To eliminate such process, the new bill will, offer new, low cost coverage through a national “high risk” frees, to protect people with preexisting condition until a new exchange is created. The pro of the new health care bill is that it will not add a dime to the current deficit and it is paid for, upfront. This reform will create independent commission of doctors and medical experts to identify waste, fraud and abuse in the health care system. Not only that, but it will order immediate medical malpractice reform projects that will help doctors to put their patient first instead on defensive medicine practice. However, it will require large employers to cover their employees and individuals who can afford it to buy insurance so that everyone will the share the responsibility of the
This will also increase the amount of people that are retired from 12 percent of the United States population to almost 20 percent. With the rise of the aging population there is a need for more professional health and social service expertise. According to the Institute of Medicine’s landmark report, the is a shortage of health care professionals to care for the aging population in the current time and this number will grow faster as the Baby Boomers retire. One of the fastest growing employment sectors would be the eldercare. .
So until the Federal government takes it away states will take advantage of gaining extra money from taxes being paid from those who don’t invest into getting health insurance. People shouldn’t be forced to buy health insurance. Especially if people cannot afford it, those who do not have health insurance are putting the U.S. in debt because of not being capable of affording their medical bills. Health insurance debt is the number one debts in the U.S. Families that have health insurance don't have to worry about these costs, because their insurance plans pay for most of these costs.
The recommendation that I believe would do the most good toward getting more URMs into the medical field would be the one that addresses the costs and financing of health professions education. This recommendation involves the reexamination of costs and financing of health professions training with an emphasis on the reduction or elimination of many health care field training costs for those that have low-incomes or are members of a URM. First off I think that all of the other recommendations are great and would defiantly help, but when it comes right down to it our world revolves around the almighty dollar. We can do everything in the world, even beg minority’s to get into the health care field, but they won’t be able to do it if they can’t afford the education. So, making changes in costs and financing would go a long way toward removing the financial obstacle, that way the other recommendations have a much better chance of being successful.
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.
Based on the information presented in this paper, EHRs can be beneficial to the healthcare industry by saving money and reducing errors but also can benefit the patient by having the doctors and hospitals they go to be more efficient, convenient, and allows the caregiver to spend more time with the patient instead of updating paperwork. With the ease of new software in development, healthcare facilities will train properly and quickly so they are not losing focus on the patient. Cost may be a major factor now why the healthcare industry has not already embraced this technology but that will soon change with the new incentive programs coming in the near future. By 2014, these incentives will be in place and the healthcare industry will grow in the 21st
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.