how will americans not getting care because of the cost impact healthcare institutions?
Ans) Reasons for high cost health care:
- Third party payment
- Imperfect market
- Growth in technology
- Increase in elderly population
- Medical model of health care delivery
- Multipayer system and administrative cost
- Defensive medicine
- Waste and abuse
- Practice variations
• Cost containment, reason its occurring in US:
- Providers make up for lost revenues by increasing
utilization
- Providers charge higher prices in other areas free of
controls.
Value is defined as the key element in a specific theoretical framework: Value is the product of the quality of care plus the patient experience at a given cost.
- Access to health care impacts one's overall physical, social, and mental health status and quality of life.
Barriers to health services include:
~ High cost of care.
~ Inadequate or no insurance coverage.
Thus affecting quality in health care.
Basically, the goal should be totimprove patient outcomes without raising cost, or to lower costs without reducing patient outcomes.
how will americans not getting care because of the cost impact healthcare institutions?
d) How will the medicare subsidy impact the total cost
of healthcare.? Please explain
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