787,000 young Americans were added to the population of insured individuals, indicating a concentration on resource penetration in this specific population subset.
Administrative Impact:
The administrative implications of the Affordable Care Act are considerable and revolve mostly around the enormous undertaking of extending health coverage to a far wider number of Americans. In the text provided by Collins, we are given a sense that the primary objective of the Act is to provide public support for coverage to those currently disenfranchised by healthcare costs. Collins indicates that "the law's most significant coverage provisions will begin in 2014, with a substantial expansion in Medicaid eligibility that will cover adults earning up to 133% of the poverty level, or $29,726 for a family of four, as well as subsidized private coverage, available through new state insurance exchanges, for families earning up to 400% of poverty, or $89,400 for a family of four." (Collins, p. 4) This would denote a meaningful expansion in the responsibility taken by the U.S. government for its unacceptably high population of uninsured citizens.
Advocacy:
Upon reviewing the content of the legislation and the testimony provided by the Commonwealth Fund, it seems apparent that such a bill is absolutely imperative. Particularly in light of the economic pressures increasingly incumbent upon Americans in the recessionary climate, this type of intervention is of the utmost importance. As the article by Collins reports, "in Septembers, the Census Bureau reported that the number of people without
Among people who do have health insurance, The Commonwealth Fund estimates that in 2010, 29 million working-age adults had such high out-of-pocket costs relative to their income that they were effectively underinsured, an increase from 16 million in 2003." (Collins, p. 2)
This denotes that beyond a reasonable doubt, it is in the best interests of the people of the United States to ensure the successful implementation, review and maintenance of such legislation. The benefits that are described above in the areas of economy, resource allocation and administration are not just extended to the direct beneficiaries of the bill. Beyond that, the socioeconomic value inherent in improving our healthcare orientation is considerable. Collins reports that the costs to the economy created by the crisis of uninsured and underinsured population growth is manifested in lost wages, lost productivity, expenses to the healthcare system created by preventable illness, expenses to the public created by preventable infectiously spread disease and the loss to the consumer economy of spending by individuals unduly burdened by out-of-pocket medical expenses.
This denotes that the benefits to the American people and to the healthcare system are likely to be exponential. With the improvement in health outcomes and personal expense scenarios created by such legislation, the burden placed upon the healthcare system could also be reduced. Nursing shortages, bed shortages and unequal distribution of medical equipment and instruments could also be at least partially addressed by the reduced burden on the overarching system.
Works Cited:
Collins, S.R. (2011). Premium Tax Credits Under the Affordable Care Act: How…
Transparency empowers consumers to become better shoppers. Economists assert that transparency stimulates productivity, for example, in exchange for money, one individual obtaining fair value. In every aspect, except healthcare, Davis points out, transparency, is supported. The contemporary dearth of transparency in healthcare has led to many Americans not being able to effectively shop for the best quality of service at acute care hospitals. Davis argues that transparency permits consumers,
Healthcare Legislative Bill The expanded and improved Medicare for all Acts The Expanded and Improved Medicare for All Act was introduced to the House of Representatives in 2009 and seeks to lobby for the implementation of a common single-payer health care system throughout the United States o0f America. The bill if enacted would require that all medical care costs be paid for automatically by the government instead of private insurances for the
Future of health care in the St. Louis area This paper presents a detailed examination of the future of health care in the St. Louis area. Included in the paper are discussions about economics and population issues as well as changes hat are coming. The writer addresses many economic issues including good and services and resources in the health care industry currently as well as the future projections. There were 12
4 million young people); e) Americans that are uninsured and that have "preexisting conditions" can as of now get insurance through the "Pre-Existing Condition Insurance Program" (PCIP); f) 46 states are using Affordable Care Act resources to "crack down on unreasonable premium increases" (White House). There are additional benefits that result from the Affordable Care Act will come into play in 2014, according to the White House. Those include a new
Health Care As human beings, our health and longevity have never been better. Many people today live to 100 years and beyond, and often in good and active health. One of the major reasons for this is better health care and more access to health care for more people. On the other hand, however, many people do not have access to the same health care services as others. Often, the main
Healthcare Economics Evaluation This report is about a proposed healthcare economics investigation. Some early research has been done and will be described based on what was found and how it was found. The report will conclude with a proposed plan for further economic evaluation on that same topic with a great deal the expected and proper form and function of that research to be described in that section. A conclusion will
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now