Rising Health Costs
Perception or Deception: The public face of rising health care costs
The Obama administration worked its way through the political minefields and signed into law its healthcare reforms in 2010. Some of the changes are underway, bringing about systematic modifications and other changes said to directly impacts costs. The expected result is a system that serves more people at reduced costs. And yet, as recently September 2011, when the reforms were beginning to take hold, the nonprofit Kaiser Family Foundation was already projecting that consumers would begin paying at least 9% more in their premiums than in 2010 -- a tripling of the standard increase from the past. Various explanations were offered, including linking 1% to 2% of the rising cost to Obama reforms. But what of the other cost differences? Why were they going up so much more? Are these increased being added because of true system costs,...
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,
Figure 1 portrays the state of Maryland, the location for the focus of this DRP. Figure 1: Map of Maryland, the State (Google Maps, 2009) 1.3 Study Structure Organization of the Study The following five chapters constitute the body of Chapter I: Introduction Chapter II: Review of the Literature Chapter III: Methods and Results Chapter IV: Chapter V: Conclusions, Recommendations, and Implications Chapter I: Introduction During Chapter I, the researcher presents this study's focus, as it relates to the
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
What this means is that the lifetime limits on most benefits are barred for all latest health insurance plans. Another interesting thing is the reviews premium increase (Wakefield, 2010). This is saying that insurance companies must now openly defend any type of unreasonable rate hikes. The last thing is that it helps a person get the most from all of their premium dollars. In other words, a person's premium
Health Care Systems Over the last several years, America's health care system has been undergoing a tremendous amount of changes. At the heart of these transformations is the role of the federal government in regulating the delivery of various services. For some this is troubling, as it will lead to a larger form of socialized medicine. This is when consumers will have less choice and the underlying quality will decrease. While
"Studies of the relationship between managed care penetration in the health care market and expenditures for Medicare fee-for-service enrollees have demonstrated the existence of these types of spill over effects" (Bundorf et al., 2004). Managed care organizations generate these types of spillover effects by increasing competition in the health care market, altering the arrangement of the health care delivery system, and altering physician practice patterns. Studies have found that higher
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