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Cost Of Care Essay

594 Words3 Pages

Although the ACA sought to provide affordable health care and reduce the cost of quality care, the legislation prevents the federal government from using the cost of care, as well is information about the cost-effectiveness of care, in Medicare coverage decisions. Currently, only comparative effectiveness analysis is permitted. When determining which care should be provided, decision-makers may compare which treatment options would be most effective and cause least harm, but cost may not be a consideration. Each of the policy experts at the TMC policy forum meeting vehemently agreed that cost discussions must be part of the equation. In the United Kingdom for example, cost is a central figure for determining guidelines for care. The National Institute for Health and Care Excellence (NICE) is a non-departmental public body of the Department of Health, which publishes guidelines in four areas: the use of health technologies within the National Health Service (NHS); clinical practice; guidance for public …show more content…

One QALY is a year in perfect health and zero QALYs is death. Questionnaires are used to calculate quality of life in between based on mobility, everyday activities, self-care, pain, and mood. If a new treatment is cheaper than current practice with similar or better outcomes then NICE recommend the new treatment. In most cases though, new treatments are more expensive with potentially better outcomes. Here NICE assesses the extra increase in health divided by the extra increase in spending to give an incremental cost effectiveness ratio (ICER). NICE provides examples of NICE guidance that could generate cost savings. It also states that in some cases, implementing guidance will free up resources and capacity that can be used for other services. This results in improved productivity rather than delivering actual cash

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Competition should lead to lower costs and better quality of services, but, unfortunately, the US spends more money per capita than any other advanced country and has poor outcomes for many health indicators. Further, the US has poorer outcomes for many health indicators than other countries. In the United States in 2012, the cost of healthcare per person averaged about $9000 per year. In 2012, data from CMS stated that the total spending on healthcare in 2012 was $2.8 trillion (1). Despite competition in the health care field, two of the very prominent reasons for high costs are high administrative costs, the use of costly new technologies and drugs, and unhealthy behavior on (some, not all) of the patients’ behalves.

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Health care provider need to be open and transparent to the service user and the health care commissioner on how the service are. One way of doing this is to use relevant NICE guidance and quality standards to show where high quality care is being provided and highlight areas for improvement REF. The care quality commission (CQC) was established in 2009 to independently regulate, monitor, rate and inspect health and social care services in England, Its duty is to register providers and managers who meet the legal requirement to offer health and social care service to the people. REF CQC make sure the organisation meet the fundamental standards of quality and safety and also they have the right to publish what they find including performance rating to help people choose care.

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The annual cost of healthcare in the United States of America in the year of 2015 was 3.2 trillion, or 9,990 per person, however, 1 billion from the total National Healthcare Expenditure was towards hospitals, Medicaid, and approximately 2 billion on Medicare. (www.cms.gov.) There are healthcare policies in place and being formulated to adhere to the issue of the continuous growth of the National HealthCare, but, there are some that add onto the issue. For example, The Affordable Care Act(ACA), signed by president Barack Obama on march 3, 2010 has been perceived in two different lights, one being that the ACA is the reason why the National Healthcare expenditure has increased. One of the primary goals of the ACA is to “Make affordable health insurance available to more people” (Healthcare.gov).

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The Patient Protection and Affordable Care Act is a “comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). The law has three main objectives: make affordable health insurance available to more people, expand the Medicaid program coverage, and support innovative medical care delivery methods designed to lower the costs of health care generally.” (Affordable) There was extensive controversy and argument over the ACA bill when it was presented to lawmakers; “conservatives objected to the tax increases and higher insurance premiums needed to pay for Obamacare. Some people in the healthcare industry are critical of the additional workload and costs placed on medical providers. They also think

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If you follow politics, or even if you don’t, you have most likely heard a lot of talk about health care. Right now, there is a lot of debate about Affordable Care Act, also known as Obamacare. Some people want repeal it, some people want to keep it, some people want to change it or expand it, or remove certain parts of it. There are a lot of different opinions. The debate surrounding the ACA is part of a larger debate about healthcare in America, and just like the debate about the future of the ACA, there are a lot of different opinions about how our healthcare system should work.

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Health care cost has seen to increase gradually as years go by. This has been influenced by major factors such as political influence, emerging chronic diseases, new procedures that are coming up including the technologies being invented for treating illnesses, pricing of medicines and treatment is not regulated and when treating ailment their may arise repetition of tests or a patient gets over treated for a particular ailment. The cost of healthcare has increased due to chronic diseases such as cancer and diabetes etc. The lifestyle people are living in this generation has led to the development of diseases that are expensive to treat or has led to there being over treatment in such for a cure of a particular ailment.

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Slavery has been a problem that has lingered around since the beginning of time. Using other humans in inhumane ways for one's own benefit. Today alone, approximately 48 million people are enslaved, 7.5 million of them are children. Equally important, there are many topic points about slavery that need to be addressed for people's knowledge. These points include the problem with modern day slavery, why slavery continues, and how the world's ignorance about modern forms of slavery like human trafficking, human commodities, and forced labour is why slavery continues and is not yet stopped.

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