To be able to care for the rapidly growing number of health care recipients, continued changes must take place within the health care setting. Not only is there an increase number of people seeking health care but there is a shortage of nurses available to deliver quality patient care. The US Census Bureau (2014) states that the average age of nurses will continue to rise, with approximately fifty percent entering retirement by 2020. There is an... ... middle of paper ... ...d nurses: A consensus position, 2010). This will enable the health care arena to have the resources needed to improve health care delivery to patients (Grant & Greene, 2012).
Finally, the federal, state, and local governments are forced to increase Medicare and Medicaid costs, which results in cutting other priority funding such as public safety and education. Health care costs affect family finances in two major ways: out-of-pocket spending, such as co-pays, deductibles, and prescriptions, and the family’s share of the health insurance premium. The United States health care spending growth continues to annually increase in expenditures that have stabilized at less than 4% per year. Rising cost-sharing is largely at... ... middle of paper ... ...t is also difficult to maintain overall operations. Operations are effected simply because of health care delivering patient care which significantly declines when the overall cost continues to raise.
Managed Health Care Of the approximately 257.8 million individuals currently living in the United States of America, every one of them has a need for effective, affordable and accessible health care coverage and services. Within the past thirty to forty years, the scope and cost of health care coverage and services has drastically changed, altering the manner in which health care was previously managed. There are several factors that have affected the cost of health care coverage over the course of the past two to three decades. One of these factors is the introduction and rapidly increasing enrollment in managed health care insurance plans. Managed care health insurance plans can, in most cases, help to alleviate the rising costs of effective medical coverage.
Over the years, the nation has attempted to improve the country economical struggles with different plans such as healthcare plans which can make our country more beneficial. However, issues that started to affect the company growth are that the Health Care cost are going up, Doctor Shortage, Millions of dollars are wasted for unnecessary care and Medical errors. The US health care system has been spiraling out of control and new to be reform thus our nation can become a successful society. In previous years, the healthcare cost was affordable for everyone which gave many individuals chances to have medical insurance providers which can help them with their health. On the Other Hand, the cost has triple over the decade and makes mad it difficult
When looking at these evolutional processes, one can see that the systems have changed as our country and its people have required it to (Williams & Torrens, 2008). When looking at how this industry will change or evolve over the next decade, one can ascertain that it will be by the demands of those involved that change will come. When assessing where the industry will go over the next ten years, there is one area that stands out. Government involvement in healthcare has become a major player in how this industry is changing. New regulations are being introduced at a rapid rate and have pushed hospitals into constant change management (Arab Kash, Spaulding, Johnson, & Gamm, 2014).
We have become far superior to our ancestors at diagnosing, managing, and improving our population’s general health. Being one of my main interests within the medical field, geriatrics is where I foresee most of the challenges of my career to come. The two problems I think will have the greatest effects on me, and the community of medicine are: the increased financial pressure the ageing population puts upon the National Health Service; and the increased difficulties of treating people who have acquired dementia. In developed first-world countries the ageing population has led to an increase in the number of people over the age of 80. In 2012, in the UK there were 3 million people over 80 years old and, by 2037, this number is predicted to more than double to 6.1 million.
It is also an issue that affects almost everyone in our great nation. The reasons for and against a Universal Health Care are many and both sides can make justified arguments. Over the last few decades, the United States has witnessed skyrocketing health care costs. Health insurance premiums have been rising on average by double-digit percentage points and even more recently, a rate of increase that is 2-3 times the rate of inflation. Because of these out-of-control health care costs, there has been a steep rise in the number of uninsured Americans.
As vaccine development progresses into the 21st century, it’s important to build on the experience and knowledge generated in the past, in an effort to surpass the limita-tions that currently hamper the development of new and more effective vaccine technologies. Treatments Everyday medicines “Modern medical advances have helped millions of people live longer, healthier lives. We owe these improvements to decades of investment in medical research," says Ike Skelton. As the amount of medical supplies and medical treatments grow, the way our country's hospitals deal with everyday events such as broken arms to dealing with things that devastate lives such as cancer diagnoses. Improvements in history have greatly changed the way the US responds to major events and everyday event in the life of its citizens.
“Healthcare industry analysis suggests that the development and diffusion of medical technology are key factors in explaining the persistent disparity between health spending and overall economic growth, with some arguing that new medical technology may account for greater than 1/2 of long-term spending” (Kaiser Family Foundation, 2007). Healthcare transactions, from billing to patient records, are known to generate enormous volumes of data that too often use obsolete and inefficient technologies. However, it is well understood that proper application of new technologies can save billions of dollars by eliminating waste, reducing administrative costs and improving healthcare delivery. This supports the argument for government mandated standardization and interoperability supported by public health policy. “Such legislati... ... middle of paper ... ...ll benefits of these innovations be realized” (McClellan, 2003).
Total health care expenditures grew at an annual rate of 4.4 percent in 2008 (Kimbuende, Eric pg.1). This growth has become a major problem for our government, employers, and consumers increasingly struggle to keep up with healthcare costs (Kimbuende, Eric pg.1). Although Americans benefit from many of their investments in health care, the recent rapid cost growth coupled with an overall economic slowdown and rising federal deficit, is placing great strains on the systems used to finance health care (Kimbuende, Eric pg.1). The exceeding cost of health care is causing more problems for the poor and middle class individuals (Kimbuende, Eric pg.1). One problem that is feeding into our healthcare deficiency is the spending on technology and prescription drugs (Kimbuende, Eric pg.1).