So the return to the company will be lower as well. This is the better chose of the two plans with the health condition of the employees. The health plan is going to cost more but you pay for better services. It is like the saying “you pay for what you get”, such as if you pay a lower premium than you will have certain network of hospitals, physicians, and treatment centers that may not have the same results of paying more money and receiving better service. The Castor Enhanced plan can be overhaul to fit the need of the employees.
For doctors and hospitals, the pros of using EHRs are that they reduce clerical errors and gives them computerized decision support (Hoffmann, 2009). Studies have also shown that using EHRs can save billions of dollars each year because the software companies are making it is easy to use and take minimal training (Buell, Set/Oct 2009). The primary beneficiary will be the insurance companies who will save money by streamline the claims process and reduce duplicate tests and procedures (Middleton,
Although managed care has been shown to reduce costs, it is probably not the answer to all of America’s health care problems. Some HMOs have made money through risk selection, accepting mostly healthier patients. Other HMOs may find it difficult to maintain quality of care once the easy savings from discounting and substitution have been taken and thus may be tempted to reduce services in precisely those areas where patients, hampered by information asymmetry, depend most on professionals for monitoring
Alot of studies into health inequalities rely on morality, death, and morbidity, illness, data. The results are usually presented in rates as this is less crude and it creates a more meaningful study. Poorer areas will only have small corner shops as large supermarkets won't build in areas that won't be able to afford the upkeep of the shop. This will mean there are more little corner shops with higher prices just because the shopkeepers know that they can charge higher as the community prefer not to travel to get their weekly shopping. The conditions people live in contribute to the health of a person.
The federal government is even mandating that it be implemented. There are many positives to an electronic medical record, some of which are decreased adverse drug reactions, increased legibility of physician orders leading to fewer transcription errors, greener for the environment and many more. There are also advantages from an outpatient side, in that, medication and follow-up appointment compliance, both increase. The downside is that it is costly to implement. According to the Organization for Economic Cooperation and Development, in 2005, the US trailed many other countries in this area and only 15-20 percent of physician’s offices and 20-25 percent of inpatient facilities utilized an EMR( electronic medical record), (Health Affairs, 2005).
The current alternative to the fee-for-services is the capitation arrangement. The physicians believe that the pay-for-performance is controlling how that he or she conducts the practice, but it will eliminate many expensive and unnecessary procedures (Shi & Singh, 2012).The pay-for-performance in the United States healthcare industry comes after the capitation and managed care and if managed correctly will become an asset and if not it will become a major blunder. The goal of pay-for-performance is to change patient behavior and doctors and hospitals with a rewards systems or punishment. A pay-for-performance bonus for doctors can be an increase for the general fee-for-service hospitals can receive an extra in the form of the diagnosis group-based payment (Shi & Singh,
Not enough money and too much stress lowers the quality of life that people have, and their standards of living also drop, as they are forced to get by with cheap, low-quality items (Nickels, McHugh & McHugh, 2010). Walmart has changed how the retailer and the manufacturer negotiate prices. The manufacturer used to be the one to tell the retailer, "I can make this for you for this much." But Walmart has become so big, so important, that now they
While AHIMA credentials do not exist to help you get paid more, the fact is that those with credentials such as RHIA or CHDA certification are likely to be paid more. Becoming certified with AHIMA credentials is more than just a resume padded with increased pay, it can lead to a network of like-minded professionals in the health information management realm as well as related fields such as healthcare security. For me I been working in the health care for over 10 years and love it, is just that CNA now they start to pay less than what I was a making now that I have kids I need more money to give them the things they
As companies have tried to tighten the budgets, benefits have fallen victim. Employees who once paid little for medical care are now paying more out of pocket. It is likely that this shift has required medical providers to rely on payments from patients who may have trouble paying their share. Until recently, employers did not focus on medical insurance programs that required those covered under the plan to take any type of accountability for their health. Therefore, employers need to establish wellness programs that promote prevention instead of merely giving insurance that covers illness and disease.
However, they may be given medication but not the best treatment only medication which allows them do get rid of their illness on the surface but does not actually satisfy the underlying problems. The rich on the other hand are able to afford the best treatment which means that they can get medication which will allow them to get better quicker meaning they can get back into their jobs as they are healthy again and continue on with their daily routines and spend money on leisure activities. As well as the poor is unable to afford medication they when they are ill it also effects their jobs as they will be off on the sick which also effects their income making it even more of a struggle for the less better off. Secondly the Feminism perspective is about how women aren’t as equal as men within health care. The Feministic approach believes that Pregnancy and childbirth should not be seen as a medical issue or an illness and it should be seen as a natural