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Predict the economic impact (e.g., costs, benefits, efficiency, cost containment) on healthcare delivery at the local, state, national, or international level if the legislative bill were enacted.
This paper examines the economic impact upon the nation if the bill, the Palliative Care and Hospice Education and Training Act, were passed. Fundamentally, the economic impact of the bill would ultimately be a positive one. The bill proposes the necessity for better training and support for the clinicians who will ultimately work in palliative care. The bill represents a long-term investment: more expenditure to better train and educate these professional healthcare personnel, but with the understanding that definitive savings will be substantial. First of all, there's almost always a substantial amount of fiscal savings when the quality of care is improved; this...
For instance, according to a study which was printed in the Archives of Internal Medicine, it was discovered that when consultation teams were implemented into palliative care the savings were significant (2008). "The study concluded that palliative care patients discharged alive had an adjusted net savings of $1,696 in direct costs per admission and $279 in direct costs per day, and palliative care patients who died in the hospital had an adjusted net savings of $4,908 in direct costs per admission and $374 in direct costs per day. For an average 400-bed hospital containing an interdisciplinary palliative care team seeing 500 patients a year, net savings to the hospital each year would be $1.3 million per year" (ascan.org). While the estimated…
References
Ascan.org. (n.d.). Evidence-based research: cost savings of palliative care to hospitals and the medicaid program. Retrieved from http://acscan.org/ovc_images/file/action/states/or/QoL/Cost_savings_of_Palliative_Care.
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U.S. Health Care System 2010 saw the passage of the landmark Patient Protection and Affordable Care Act, the most striking transformation to the health care landscape since Medicare's enactment in 1965. The bill focuses on two critical issues facing the overall U.S. health care system: cost and coverage. Because the U.S. health model is not defined by a single payer or "socialized medicine"; the delivery system has created a significant lacuna
Where, it will reduce the total amount by $138 billion in ten-year. This is despite, the fact that $950 billion is going to be spent implementing such changes. What this shows, is that when implementing the strengths of the French system with that of the American system, you can have high quality health care services and maintain costs. Bibliography Health Care Bill to Cut Deficit. (2010, March 18). Retrieved April 12,
While patients are currently being treated unethically by the U.S. system that values patients by their ability to pay, a 2004 study showed that patients receiving health care in a variety of nations with nationalized services were generally satisfied with their health care (Wensing and Szecsenyi, 2004). According to a 2004 ABC News poll, Americans were not satisfied with the current health care system. In fact, sixty-two percent favored a
wealthiest nation that the world has ever seen is presently witnessing a situation in which over 47 million of its citizens have no health insurance (O'Neill, 2011). This is a number that is staggering but it is also a number that promises to keep growing and it is only the tip of the iceberg in regard to the delivery of health care services in America. As the economic conditions
(Gigante, S. February 22, 2010). These numbers suggest a population which will demand a high level of services over their retirement lives, and as such place enormous pressure on premiums and fees. The result of this excess demand will be a rejoinder by physicians, hospitals, and other service providers to increase prices. The issue will be how Medicare and Medicaid policy makers will treat these price increases. If history serves
Hillary Clinton proposes that every American should be required have coverage, as most health care analysts agree that mandated coverage is necessary, so that the care and contribution of the healthy can effectively balance out the care of the sick. Obama would not require individuals to have coverage, merely require all children to have health insurance, and require employers to offer employee health benefits or contribute to the cost