Paper Example Undergraduate 735 words

A Vision for Healthy America Health Policy and the Economy

Last reviewed: June 12, 2022 ~4 min read

Article Review.

\\\\\\\'Health Policy and the Economy: A Vision for Healthy America.\\\\\\\' Written by the Yale School of Management.

Author\\\\\\\'s Proposed Purpose

The article aims to inform the reader about how the economic principle is applied to health care. It goes into depth on how one portion of health care, Medicare, is administered using economic principles through Budgetary Risk Analysis. This allows Medicare to have a more efficient and effective process for managing its funds. In addition, it goes into depth on the way insurance is used to manage the health care costs for individuals who are not Medicare or Medicaid (Univ., 2021). The article is intended for various audiences, such as economics and health care students. It also intends to inform the reader how economic principles have been applied to the health care system, thus making it more efficient. The author would like to provide a brief overview of both articles and inform [the] reader of how economic principles have been applied to health care. The author\\\\\\\'s desire for this article is also to educate readers about how Medicare has been administered using economic principles via budgetary risk analysis.

Analysis of Key Issues

The key issues that were discussed are 1. Healthy America is a feasible option to achieve the goal of healthy Americans 2. Creating an environment that supports employee engagement and wellness programs allows employers to improve their workforce\\\\\\\'s health and productivity 3. The success of out-of-pocket expenditures is directly affected by the availability and quality? Of health care provided. 4. The primary barrier to implementing any health care policy reform is the individual mandate, where each person will permanently be responsible for their medical expenses (Univ., 2021). 5. A healthy society is one where people have access to medical care. A significant challenge to be addressed is the quality of care and how it can be improved.

In addition to the issues discussed in this article, this paper provides a lot of detailed information about the Healthy America policy and its implications for the economy and health insurance industry (Univ., 2021). The article discusses the impact of the healthcare reform on the insurance industry, healthcare expenditure, employee health, and motivation.

There is no doubt that the Affordable Care Act will result in the reduction of healthcare costs over some time. Implementing this policy will result in fewer people shifting to low-quality insurance plans and more people with high-quality coverage. In addition, with the increase in Medicaid spending for many people by 2019 (Univ., 2021), it will be possible to provide care for those who cannot afford it. Furthermore, millions of uninsured persons who may choose not to obtain health insurance by paying the penalty will be covered.

Conclusions/Findings/Assumption

The author concludes that three main conclusions are presented in the article. First, health policy is an issue that should be focused on due to its positive impact on the economy. Second, if a greater emphasis is placed on health and prevention, the nation\\\\\\\'s productivity would improve and lead to economic gains. Third, education and innovation will be vital in improving health outcomes and managing costs. The author is positive and believes in what they are writing about (it is clear to the reader that the author believes in the subject matter), which may have influenced the conclusions. Some assumptions made by the author are also based on Biases within the article that may have influenced the author.

Personal Assessment and Reflection

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PaperDue. (2022). A Vision for Healthy America Health Policy and the Economy. PaperDue. https://www.paperdue.com/essay/vision-healthy-america-health-policy-economy-article-review-2179536

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