Although the company has several strengths it also has its weaknesses, such as low contribution of large case pension segments and overdependence on the US market. Inefficient cost structure is also a disadvantage of the organization. Since Aetna is one of the largest health insurance competitors it has several opportunities The company has the opportunity to expand medical business and explore universal health care. This will also enable them to retain a positive outlook for their global life and health insurance market. Aetna also has been afforded the opportunity to launch a line of new products and service offering as well as invest in mobile solutions.
Charity described the truth and the overall message that “Sicko” gave, which was that the “insurance companies are making a killing at their expense”, when in retrospect they are supposed to be saving lives. While agreeing, he also points out that the hospitals and service given in other countries is not as nice as it is made out to be. I agree with this and although this may be true, it is after all, free health care. Also, us Americans are used to hotel style hospitals and health care companies spending millions on hiding the fact that they are indeed hospitals. He also points out that “the World Health Organization report cited in "Sicko," which placed the U.S. at No.
IDENTIFY AND DESCRIBE THREE WAYS THAT TECHNOLOGY IMPACT HEALTHCARE. No doubt, technologies have played a significant role in the evolution of the American healthcare system (William, S.J & Torrens, and P.R 2009). The impact of technology in the healthcare system in the us cannot be over emphasized. The impact which includes: a. Economic: though, critics have argued that new technologies have lead to the rise in cost of healthcare, in the same token, this issue should be viewed on the other end because with the advent of new technologies, some healthcare cost are cost reducing.
This is true to a certain extent but race, geography, lifestyle and other factors play a role as well. Different governments have taken different approaches to tackling health issues. The link between income and health was first made by the “Black Report” in 1980. It concluded that while the general health of the nation was improving, the gap in health between the higher and lower classes was increasing. The Conservative party of time accepted this but argued that the general improvement of national health was more important than the the difference in health between social classes, but their opposition, Labour disagreed, arguing that it was more important to narrow this gap than to worry about the general improvement in health .Both are important issues to consider.
The healthier they made their patients the bigger the bonus they would get. If hospital stays weren’t as expensive, doctors could be on call 24/7 for peoples’ needs as in doctors on wheels, and another idea making medicinal needs cheaper. 5. Compare and contrast for profit systems and not for profit systems. What are the pluses and minuses of each?
On the other hand, doctors that specialize in a certain field should be paid very high. They are researching a way to treat and cure a disease, like cancer. The way I determine how a person gets compensated for the work they do should be how much time and effort they put into the organization. For instance, a doctor is doing a lot more work than someone helping out a homeless person. Don’t get me wrong, someone helping out a homeless person is still very honorable and compassionate thing to do; however what a doctor is doing could save millions of lives.
Now you are left with a financial burden of a major illness and we all know that it can be very devastating. I believe that health care should not only be offered but it should be made affordable for everyone. The U.S should immediately adopt the universal healthcare because it will benefit us all and make life easier for everyone. As of today health care has become a controversial topic. After decades of failed attempts by democratic presidents; president Obama finally signed the health care reform in March 2010.
The American Economy Stance Paper #3 Universal Healthcare The United States proudly proclaims itself as a free-market society without a managed economy. This proclamation can be put into question when government officials are calling for healthcare to be managed as a socialist program. There are inherent flaws in attempting to provide every citizen in the United States with free healthcare. Firstly, it would cause the American people’s already high taxes to skyrocket all the more; it would contribute to the degradation of quality within our healthcare system, and it would create extremely long waiting lists for any patient that might need urgent care. First and foremost, creating a system in which healthcare is “free” is incredibly misleading.
The Internet most particularly makes it possible to quickly transmit large amounts of data to countries such as India where the information can be processed and returned. Countries like the U.S. have costly medical care facilities thereby prompting people to consider cheaper alternatives. A heart surgery in India is cheaper and affordable compared to that of U.S. b) Is the globalization of health care good or bad for patients? The outsourcing of medical procedures to nations where medical professionals are paid lower could clearly benefits consumers. However, the treatment standards in countries such as India may not be up to the standards found in the United States, and that the process takes some control out of the hands of the consumers.