Week 3 Discussion The case study “Economic Impact of States Declining Medicaid Expansion”
(Milstead,2014) discloses the Supreme Court verdict to allow states to make their own choice as to expand the Medicaid program per the Affordable Care Act (ACA) or not. According to this case study, the conclusion is not the best as it will place an increase in healthcare cost on an already stressed federal system Rob Stein in his article (2014), reviews the cost of Provenge a prostate cancer drug. According to Stein Federal officials are overseeing a rare evaluation to determine whether the government should pay for an expensive new vaccine for treating prostate cancer, rekindling debate over whether some therapies are too costly. After the U.S. government passed the Patient Protection and Affordable Care Act (ACA)in 2010, millions of previously uninsured people became consumers in the health insurance market (Robert Wood Johnson Foundation (RWJF), 2016). Many of these consumers, just buying the very basic of plans, would not have all of their health care expenses covered. Since the 1960’s, the United States has spent more on health care than any
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Afterward educating the population on wellness and preventive care rather than tertiary or up-and-coming care to reduce expenditure. Reducing subsidy without such discussion places the population at risk and loss of lives. Establishing the true value of health care and products sets the foundation for future reform (Knickman & Kovner, 2015, p. 258).The frequent cut of funds and resources while the demand for care is still high is being felt in many areas. Without support of funding and attempting to maintain the same level of care to the same high volume of patients is a serious risk for providers and patients alike. We have