Reducing the price of health care

Assignment Help Business Management
Reference no: EM13269727

Reducing the Price of Health Care

The focus in health care reform is cost control in light of annual double digit inflation since the late 1990s and the consumption of nearly 17% of the GDP in 2009 (more than any other country in the world). The debate is over how to reduce the rate of spending for health care, while preserving quality and access to care for patients. Research at least 2 methods of reducing the percentage of the GDP spent on health care. You will need to be able to describe how you would do this in specific terms. This can be a number of approaches, such as the following:
Completely dismantle the current system and start over-a monumental task
Revise the current payment system to reflect current economic constraints
Cut Medicare and Medicaid
Insurance reform
National health insurance based on the Massachusetts Model
Malpractice reform
Legislation, such as the Balanced Budget Act of 1997, the Medicare Modernization Act of 2003, the Obama-care (2010), and others.
Provide the following elements in your paper:

Describe the model you are supporting to best control costs without compromising the quality and access to health care, and explain how the model works.
Analyze the method you are supporting, detailing the strengths and weaknesses from all stakeholder group (e.g., patient, provider, and third-party payer) perspectives.
Provide an example of the model in real time or as a scenario.
Summarize the anticipated results in terms of costs: benefits.

Reference no: EM13269727

Questions Cloud

What is new resistance of rod : A silicon rod (at 30 degrees celsius) with a uniform cross section connects to a battery with 9 Volts of terminal voltage and .50 A current flows. what is new resistance of rod
Operational risk : You are about to take over MoneyPlays Bank, a small but lucrative financial institution. You have hired new staff and are conducting orientation and training. You need to explain financial management risk to the new staff. Using the library and..
What is the nominal ytc on kings bonds : king productions' bonds have 10 years remaining until maturity. They pay a 10.8% semiannual coupon and have a face value of $1000. The current nominal YTM on King's bonds is 10.24%.
Find the real time expressions for e and h : A 11 GHz uniform plane wave with maximum electric field of 100 V/m propagates in air in the direction of a x-direction. The magnetic field has only a a(z) component ( in the z direction), which is approximately equal to 100 mA/m at x = y = t = 0.
Reducing the price of health care : Reducing the Price of Health Care
What is the estimated net present value of the project : What is the estimated net present value of the project, after consideration of the potential future opportunity?
What is the project net present value : Garner-Wagner is considering investing in a project that requires an investment of $3,000,000. The project will generate a cash inflow of 500,000 per year for the next 5 years. The cost of capital is 10%. What is the project's net present value?
Find the expression for the accompanying h field : a) Write the real-time expressions in the z=0 plane. What kind of polarization exists here Is is clockwise or counterclockwise (looking along +z) b) Find the expression for the accompanying H(z) field.
Discuss the objectives of corporate governance : Discuss the objectives of corporate governance and why this has led to increased costs for publicly traded companies.

Reviews

Write a Review

Business Management Questions & Answers

  Explain what is the value of case study analysis

Value of Case Study Analysis - Explain what is the value of case study analysis and how do results from a case study analysis differ from results from traditional qualitative.

  What consideration when assessing your application

Finance student please summarise below in not more which 500 words your key career or accomplishment, your future plan in Hong kong also other information which you think we should take into consideration when assessing your application?

  Determine the regression equation

Mr. James McWhinney, manager of Daniel James Financial Services, believes there is a relationship in the number of customer contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample data.

  Strategies teams to improve decision making ability

Identify 2 strategies teams can use to improve their decision making ability. Would you argue that different types of decisions require different strategies.

  Characteristics of team affect to make ineffective decisions

Why is this group a team? Write down characteristics of team predispose it to making ineffective decisions? Write down the characteristics of group-think which are manifested in worm team?

  Mean, mean square and mean absolute percentage error

Three of the most common measures of forecast accuracy are: mean error, mean square error, and mean absolute percentage error.

  What are the aspects that shift the demand curve

Choice a good that you are familiar with. What are the aspects that shift the demand curve for this good? What are the aspects that shift the supply curve for this good?

  Explain one of the critical sub-steps of this purchasing

Explain One of the critical sub-steps of this purchasing step is the completion of the payment

  Style of leadership

formal and the informal organisation, managerial leadership behaviour, adopting an open systems view of organisational examination, ideas of management gurus

  Target marketing strategy assignment

Target marketing strategy assignment

  Explain why didn''t the contract order signed by parties

Explain why didn't the "contract order" signed by the parties constitute a binding contract for the sale of goods?

  Compute the probability that in the next robberies

Calculate the probability that in the next 5 robberies notified to the San Juan Police Officers, exactly 2 of robberies were due to the need of money to buy drugs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd