PerfectCustomPapers | Financing Of Healthcare

Financing Of Healthcare

The financing of healthcare in the United State is complex, involving interest groups, federal and state governments, consumers, health associations, health insurance companies, and pharmaceutical companies. Health associations continually make demands for legislative and policy changes in the processes for financing health services.

Describe a legislative change that was proposed by health associations and its effect on access to service, quality and cost of services, and cost of drugs. Briefly explain the legislation.

Select posts from two classmates that present legislations that are different from yours.

Share your views on how those legislations are affecting healthcare services, cost, and patient experiences.

Sample Answer

Brief Explanation of the Legislation: The ACA, also known as Obamacare, is a health care reform law enacted in the United States in 2010. The law has been the subject of much debate and controversy, but it has also had a significant impact on the financing of healthcare in the US.

The ACA has expanded health insurance coverage to millions of Americans, both through the expansion of Medicaid and the creation of the Health Insurance Marketplace. The law also includes a number of provisions designed to improve the quality and affordability of health care, such as requiring health insurance plans to cover essential health benefits and prohibiting them from denying coverage to people with pre-existing conditions.

Full Answer Section

Effect on Access to Service: The ACA has led to a significant increase in the number of Americans with health insurance. In 2010, the uninsured rate in the US was 16%. By 2016, the uninsured rate had fallen to 9%. This increase in coverage has led to improved access to healthcare services for millions of Americans.

Effect on Quality of Services: The ACA has also had a positive impact on the quality of healthcare services. The law requires health insurance plans to cover essential health benefits, such as preventive care and chronic disease management. This has led to an increase in the use of preventive care services and a decrease in the number of people who go to the hospital for preventable conditions.

Effect on Cost of Services: The ACA has had a mixed impact on the cost of healthcare services. On the one hand, the law has expanded coverage to millions of Americans, which has increased demand for healthcare services. This has led to some increases in healthcare prices. On the other hand, the ACA has also included a number of provisions designed to reduce the cost of healthcare, such as requiring health insurance plans to cover preventive care and prohibiting them from denying coverage to people with pre-existing conditions. These provisions have helped to offset some of the cost increases associated with the expansion of coverage.

Overall Impact: The ACA has had a significant impact on the financing of healthcare in the US. The law has expanded health insurance coverage to millions of Americans, improved the quality of healthcare services, and had a mixed impact on the cost of healthcare services.

Conclusion

The ACA is a complex piece of legislation with a wide range of effects on the financing of healthcare in the US. The law has expanded coverage to millions of Americans, improved the quality of healthcare services, and had a mixed impact on the cost of healthcare services. The ACA has been the subject of much debate and controversy, but it has also had a significant impact on the lives of millions of Americans.

This question has been answered.

Get Answer

No More Worries!

Paper Formatting

No Lateness!

Our Guarantees

Financing Of Healthcare

Sample Answer

Full Answer Section

This question has been answered.

Satisfaction Guaranteed

Why Choose Us