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Population Trends In Health Care

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The aging population play a major role in healthcare cost in the US. People are living longer than ever before in history. This is of huge significance because the elderly population receive services through publicly funded programs such as Medicaid and Medicare and although many adults are living longer, they usually have chronic and multiple health conditions which require frequent and longer visits to health establishments. This demographic is expected to double in population size by the year 2050, approximately 20% of the population will be 65 years and older. It affects the entire climate of healthcare, providers are concerned with the reimbursement rates which seem to keep decreasing and not keeping up with inflation, and with over half of the workforce in retirement, the people working pay most of the taxes which affects the amount available for funding these programs. …show more content…

I was shocked when the Cleveland Clinic Foundation announced that they were no longer accepting Caresource insurance which is part of the Medicaid program. I knew that this was going to affect a lot of people who count on Cleveland Clinic Foundation for their care. Also, our advancements in technology have been astonishing but still present as a concern because of the cost to purchase, operate, and maintain the equipment is a huge investment in which sometimes the federal government provides financial coverage. In summary, these predicted increases in health care costs must be looked at in terms of prevention and/or cure and effective planning for the the future must start

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In 2010, the aggregate shortfall of government funding for Medicare and Medicaid beneficiaries was estimated at $28 billion dollars. Currently, Medicare and Medicaid in combined do not cover the complete cost of care for program recipients but their beneficiaries account for about half the care provided by hospitals . In the chart it shows the uncompensated care and payment shortfalls from Medicare and Medicaid in billions of dollars, 2010 Similarly, between 2000 and 2010, the cost of uncompensated care grew by 82 percent, from $21.6 to $39.3 billion. In the below chart it shows the cost-based uncompensated care in billions of dollars, 1990 – 2010 .EMTALA’s

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696 Words | 3 Pages

The data, as reported by the Bureau of Census in 2012, is in agreement with the trend stated above. According to the study, roughly 9.1% of geriatrics live in poverty, whereas 21.8% of 18-64 year olds live in poverty (2012 census figure 5). In the past five decades, the rate of poverty in those 65+ has decreased a massive 26.1%. The favorable consequences of Medicare are undeniable and amidst the concern for the elderly, there was a growing awareness regarding civil rights issues of the

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588 Words | 3 Pages

“Healthcare Reform 101,” written by Rick Panning (2014), is a wonderful article that describes, in an easy-to-understand language, the Patient Protection and Affordable Care Act, signed into law March 23, 2010. The main goal of the Patient Protection and Affordable Care Act was to provide affordable, quality healthcare to Americans while simultaneously reducing some of the country’s economic problems. Two areas will be covered throughout this paper. The first section will include a summary of the major points and highlights of Panning’s (2014) article, including an introduction to the ACA, goals of the signed legislation, provided coverage, and downfalls of the current healthcare system. The second part will be comprised of a professional

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It is my analysis of the financial burden and decisions we had to make for my grandmother is that as the demand increases for long-term care as the baby boomer population ages, Medicare and Medicaid will be forced to reevaluate how they pay for long-term care. Many states are not equipped to handle the comprehensive needs of this aging population (Ford, Henderson, & Handley, 2010). Also, families are forced to take on enormous financial burdens due to the lack of coverage by Medicare (Can Medicare, 2015). The are no true pros to this situation.

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In Chapter 14, I have learned that the U.S. health care system has the most expensive healthcare system in the world and the price tag is expected to increase. Health care is only available to people who have health insurance or have health care through a public program or those that can afford to pay out of pocket. The U.S health care system, unlike other systems in the world, does not provide healthcare services to all citizens. Healthcare is very expensive, citizen without would be unable to afford it if they had to pay themselves. Individuals rely on health insurance to pay a large portion of their healthcare costs.

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640 Words | 3 Pages

Effects of Rising Costs in Long-Term Care Facilities Rising costs in long-term care have a negative effect on the quality, efficiency, and effectiveness of health care received by residents and patients. Due to this, long-term care is a major weakness in the United States health care system. High Costs in Long-Term Care is a Weakness in the American Health Care System

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1986 Words | 8 Pages

Health care has been at the forefront of debate and public policy in the United States for decades. Ever since President Theodore Roosevelt proposed health care reform during his 1912 run for president, reform has been a policy position often espoused in American politics (Palmer 1). Certain types of health care reforms have been successfully implemented, such as Social Security in the 1930s, Medicare in the 1960s, and finally the Affordable Care Act in 2010. As the goal of the Affordable Care Act is to provide care for every American, the healthcare law is the closest the United States has ever approached to a single payer system; a health care system that provides universal care to every American. Despite that, current systems within the

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Health care has gone through a great evolution through the years. Before 1965, individuals older than 65 years old received inadequate healthcare and more than half of this population did not have coverage (Reinhard, 2012). Due to this predicament, the need to identify issues and implement health policy was imperative to improve health care. Consequently, Medicare was introduced with the goal to mitigate the health issues during the 1960’s and to improve the healthcare availability for individuals 65 years and older. Since then, Medicare has gone through numerous changes in order to incorporate other population needs.

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810 Words | 4 Pages

Healthcare is very important: It gives you insurance for accidents, injuries, births and deaths. It could help a person pay for their elderly relative getting sick; for a new driver getting into a car accident; or a new baby entering the world. Healthcare is a topic that is usually overlooked, especially by millennials; which is one of the reasons I chose this topic. With the topic of healthcare constantly popping up left and right (and changing) over the past few months, it’s very important now more than ever to stay educated about the constant healthcare bill changes, and definitely if you are old enough and have enough money to legally own and pay for healthcare. And though, ironically, my family doesn't own any of the following types of

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847 Words | 4 Pages

As people age, health becomes more of a concern as people more prone to health problems. Supporting Evidence: This was the time were many people were discovering themselves, so they did drugs, had unprotected sex etc. So most of our taxes will go to these Baby Boomers to pay for their health-care (PhillyMag) This also means that it is to the elder’s advantage because they can take use of the free healthcare The fact that they are growing old means that they are developing issues physically and in some cases mentally (Stat Canada)

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For a majority of enrollees with lower incomes, the federal subsidies make the premiums more affordable. For those even closer to the poverty line, they can receive additional subsidies that reduce the deductibles even more. But for many middle class families that earn an average income of $97,000 for a family of four, the health coverage premiums and deductibles have sky-rocketed (Luhby). This is causing a huge amount of Americans opting to stay uninsured, rather than spend thousands a year. According to a Kaiser study, 46% of uninsured adults tried to get coverage but did not because it was too expensive (Luhby, 2017).

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310 Words | 2 Pages

Cost containment remains an elusive goal in U.S. health services delivery due to the numerous reasons of the rising costs of health services and why people and society do not want to lower cost. Health care services costs are rising to recover the cost of research, technology, malpractice insurance, medical equipment, medical school, pharmaceutical research and development, and the trend of medical specialties. Technology has been one of the main reasons for rising costs, because of acquiring new equipment, training people to use it, maintenance, and space for the equipment. Another reason is defensive medicine, where doctors order more testing and require additional appointments to prevent being sued. Moral hazard drives costs up since people will use more services because they are covered by insurance.

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152 Words | 1 Pages

The latest census report in 2000 reported a population of 280 million, with the current count being 302 million people which has doubled since 1950 (Williams, S.J.,Torrens, P.R., 2008). The population of people has grown since 1950 and taking a look at certain data shows how it is being affected. The size and age of the population as well as a look at disease patterns over the years shows how it affects the population and what type of healthcare services would be needed. A look at fertility of a population, data of birthrates, deaths and the services used by mothers, infants and children, will also affect the health services needed. People are living more healthier lifestyles and are involved in more social activities and are therefore living

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1533 Words | 7 Pages

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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Introduction I. We as a human being, we age and it is said that there will be more elderly people in the future. A. According to the graph of 2012 Population Estimates and National Projections from the Current Population Report by Jennifer M. Ortman, the population aged 65 and above is projected to be 83.7 million in 2050, almost double its estimated population of

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