Most people will choose the Castor Standard, which is the lower cost to save money in their pocket. Castor Collins will like to make changes to Castor Enhanced since it already have the preexisting medical condition coverage to accommodate the conditions of the employees. Castor Collins will to it make changes to the premium with the company only paying a certain amount for each employee. The plan could work, but is not saying that it will benefit the company. So the return to the company will be lower as well.
The modification would allow Americans to deduct the cost of fees for direct practice physicians that bill their patients on a flat-fee basis; exercise and physical fitness programs; and nutritional and dietary supplements.The first change would allow people to use HSA funds to pay for any type of health insurance premium regardless of circumstances. Current law only allows HSA funds to pay for COBRA or for insurance premiums when a person is receiving state unemployment benefits. The bill also would give insureds more time to get their account started. When people enroll in a high-deductible health plan, they sometimes wait a month or two before setting up their HSA. Medical expenses incurred during this gap cannot be reimbursed with HSA funds, but this bill would allow all expenses incurred after HSA-qualified coverage begins to be reimbursed from the HSA as long as the account is set up by April 15 of the following year.
The Exchange would evaluate plans and make the differences among the plans, including cost of services, transparent” (Rotor news 2008). Therefore a national health care system would be beneficial to the American people by lowering the cost of premiums. Overall, a national health care system in the United States would be beneficial and more efficient. A national health care system would make health insurance more affordable making it possible for people to get the proper health insurance for themselves and their families. Children would get the proper medical attention because with a national health care system their parents could afford health insurance.
The lock-in program would help lower the amount of people abusing prescription medication. The lock-in program would also ease the minds of physicians and pharmacists who are fighting a constant battle of keeping track of patients on controlled medications. Even though Americans will pay taxes on Medicaid regardless, many people would feel more at ease knowing their money wasn’t going toward funding the habits of drug abusers. Any patient that seeks assistance from Medicaid should be entered into the lock-in program to help lower the amount of controlled substance abuse, to ease the minds of doctors and pharmacists, and to ensure American tax dollars are spent more
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,
This in return will prompt the patient to alert his or her physician. And allow the patients to be treated outside a hospital setting and more physicians would treat from their office or even the patients home. I do believe this technology will same millions of dollars in the Healthcare industry. Another benefit of using the monitor will also make the patients feel more independent and maintain a better quality of life. Rajecki, R. ( 2009), Mandatory staffing ratio: boon or bane?
Recently a new bill was passed (H.R. 3962), which took an important step forward to health care reform. The bill includes a public health insurance option it also prevents insurance companies from discriminating against people with preexisting sicknesses, and bans insurers for dropping people just because they get sick. The plan would cover 36 million uninsured Americans. One of the goals of socialized medicine is ensuring universal access to health care.
Their role within the health care system is to pay for their employee’s medical care. On the other hand, they are the ones to decide what should be paid for and to what extent (Sultz & Young, 2012). Employers are concerned about how much money they are putting into their employee’s health care, but are interested in keeping them healthy so they can get back to work as soon as possible. Therefore, employees are paying a premium due to their employers only paying a specific amount for their health care. As companies have tried to tighten the budgets, benefits have fallen victim.
The wealthy will not have a problem paying high insurance premiums. In Massachusetts, health policy experts say that any expansion of health care coverage could be setback, even though the public and politicians expect results faster than can be done. It took two to three years to get the law passed in Massachusetts. It could take two to three years before this law will be in enforced. Massachusetts goals for universal health insurance law, official’s strenuous effort to weigh coverage for the uninsured, concerned about those who have coverage to buy
It would make insurance more affordable and making tax cuts for the middle class. It would reduce the premiums for millions of people that can’t afford coverage. It sets up a competitive health care markets system to Americans. They would start greater accountability on the health care to keep the premiums down and prevent insurance industry abuses and denial of care. They would end the discrimination of Americans with pre-existing conditions.