Discussion:Health Care Economics and Financing

Discussion:Health Care Economics and Financing

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Discussion:Health Care Economics and Financing

Health Care Economics and Financing
Numerous sources report that the United States spends more per capita on health care than other industrialized nations. In 2010, Medicare and Medicaid Services stated that medical-related expenditures exceeded 2.6 trillion dollars; however, indications are that these high expenditures are not improving health outcomes to the degree expected. What makes containing health care costs so difficult? What are the ethical issues of balancing cost with providing greater access to health care and improving quality?

This week, you will consider health care economics and how cost influences the decision-making process regarding coverage. You will also examine the trade-offs related to cost, quality, and access—three factors that drive the health care policy process.

This week, you analyzed ethical and economic challenges concerning health care policy decisions and reimbursement mechanisms for services, that included trade-offs related to cost, quality and access.

1 1/2 pages with 3 references, APA

Required Readings

Discussion:Health Care Economics and Financing

Discussion:Health Care Economics and Financing

Knickman, J. R., & Kovner, A. R. (Eds.). (2015). Health care delivery in the united states (11th ed.). New York, NY: Springer Publishing.

Chapter 11, “Health Care Financing” (pp. 231–251)
This chapter attempts to unravel several of the complexities in America’s health care system, and it also provides an analysis of the health care/insurer/patient relationship and how hospitals are actually funded.

Chapter 12, “Health Care Costs and Value” (pp. 253–270)
Rising costs of health care and potential approaches to constraining growth in health care expenditures are examined in this chapter.

Chapter 10, “Health Workforce” (pp. 213–225)
This chapter looks at the nature of the supply and demand for health care professionals in the United States.

Milstead, J. A. (2016). Health policy and politics: A nurse’s guide (5th ed.). Burlington, MA: Jones and Bartlett Publishers.

Chapter 10, “Overview: The Economics and Finance of Health Care” (pp. 283-308)
This chapter breaks down the basic elements of economics as they relate to health care, explaining how consumer choice combined with limitations on what hospitals can supply affects the type of care given.

Reinhardt, U. E. (2010, Jan 20). State of the nation (a special report): Voices—A good start. The Wall Street Journal, p. R5.

Retrieved from the Walden Library databases.

This article describes how the U.S. health care reform bill seeks to obtain better value for the U.S. health care dollar by generating more research into cost-effective care.

Stein, R. (2010, November 8). Review of prostate cancer drugs Provenge renews medical cost-benefit debate. The Washington Post. Retrieved from http://www.washingtonpost.com/wp-dyn/content/article/2010/11/07/AR2010110705205.html

This article describes a federal review conducted to determine whether Medicare expenditures should be allocated to an expensive prostate cancer vaccine. The author details both sides of the debate on the issue.

Required Media

Laureate Education (Producer). (2012c). Healthcare economics and financing. Baltimore, MD: Author.

Note: The approximate length of this media piece is 16 minutes.

Accessible player–Downloads–Download Video w/CCDownload AudioDownload Transcript

Optional Resources

The following resources may support the Assignment; however, they are not required readings.

Müller, D., Zimmering, M., Chan, C., McFarlane, P., Pierratos, A., & Querfeld, U. (2008). Intensified hemodialysis regimens: Neglected treatment options for children and adolescents. Pediatric Nephrology, 23(10), 1729–1736.

Retrieved from the Walden Library databases.

Neil, N., Walker, D. R., Sesso, R., Blackburn, J., Tschosik, E. A., Sciaraffia, V., & … Bhattacharyya, S. K. (2009). Gaining efficiencies: Resources and demand for dialysis around the globe. Value in Health, 12(1), 73–79.

Retrieved from the Walden Library databases.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.

 

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