Medicare and Medicaid

Section 5: Possible Solutions The Medicare program was created to protect retirees from an economic tragedy if a healthcare issue was encountered. There are many possible solutions for the viability of this program, but they need to be comprehensive to ensure that existing retirees and impending seniors will have a healthcare entitlement. (1) There must also be a process to share the cost of healthcare and inform the benefactors of the real cost of healthcare. This information will inform them…

Medicare requires certain technology infrastructures to be in place to validate services provided. Medicare will reimburse the ACO’s for complicated diagnoses. However, the negative is Medicare does have capitations for certain diagnosis-related groups. The other negative is the reversal of paymenst if criterias are not followed. The healthcare recipients…

Rawls an unequal medical structure would be just only if the poor were better off under that system than the current. He emphasizes that this does not apply to the current American medical system. He also argues that congress opposed the current Medicare program as it was at the time considered socialized medicine. Robert Nozick opposes Rawl’s view on the theory of justice by arguing that health care is not a right. His perspective states that people tend to seek medical treatment for more and…

The Medicare program was established in 1965 as a national health insurance to assist the elderly in receiving medical care and services as they age regardless of health status and income. There were several reasons that led to the creation of the program as stated by Patel & Rushefsky (2016): most elderly were retirees and not eligible for health insurance coverage through an employer, they could not afford individual insurance coverage, and the elderly are more at risk of needing medical care…

This will give the company a million more members in Medicare Advantage plans over UnitedHealth (Mathews, Hoffman, & Mattioli, 2015). Interestingly, United which is the nation’s largest healthcare insurance entity has been silent on the matter of the Aetna-Humana deal, and analysts state that the company is…

There was a time when organized medicine did not exist. With the creation of the American Medical Association in the early 1900s, the United States started the evolution of the health care system we currently utilize. In these early days, formal insurance coverage offering preventative or general health care coverage did not exist. However, workers in dangerous jobs may have been offered accident or sickness settlements. Throughout the decades, economics has played a role in developing the…

Reorganization of the health care system was a strategy that came into favor in the early 1970s. Those who espoused this strategy believed that the problem with the health care system originated with faulty incentives that market forces could correct. As such, the structured competition that result from reorganization should allow the health care market to right itself, thereby lowering costs and improving the quality of care. There are three major factors that help explain the appeal of…

have to purchased it, qualified for government assistance or pay a penalty. Americans now have more affordable insurance options and subsidies to cover their costs and the lowest-income may be eligible for public coverage through the expansion of Medicaid (Obamacare vs. Canada 2012, p.). But even with this, millions will still be without health insurance. Another key difference between the U.S and Canada healthcare is the fact that Canada has a tax-financed, public, single-payer health care…

A nurse’s number one priority and responsibility should be patient safety. As nurse’s build a trusting relationship with their patients they are giving the patient their commitment by agreeing to provide the best quality and safe care they can give to their patient. “Timberlawn, a psychiatric state hospital in Dallas, Texas failed to provide patient safety and quality of care when one of their patients committed suicide.” (The Dallas Morning News, 2016) “This patient informed the staff that she…

Past government intervention into medical workforce has been insufficiently allocating the service to patients who absolutely need it. It is crucial to realize that further federal authority would deteriorate the effectiveness of healthcare. Not only the current healthcare policies will adversely impact the benefits patients could receive, but also they will impede the productivity of medical staffs. With proper incentives and reliable information, consumers will be able to treat their…