Healthcare Economics Evaluation Essay

Pages: 11 (3917 words)  ·  Style: APA  ·  Bibliography Sources: 20  ·  Level: Master's  ·  Topic: Healthcare

SAMPLE EXCERPT:

[. . .] ) use (CDC, 2011)(SAPRP, 2013).

Another main dimension of healthcare costs being inflated artificially by bad choices and behaviors is mostly through chronic and/or catastrophic events like heart disease, Type II Diabetes (but not Type I) and other maladies that are sometimes engendered through heredity and other genetic factors but are often the result of protracted and wide-spread bad habits such as lack of exercise, bad diet or a combination of the two.

If the body is abused enough over time, it will eventually start buckling from the abuse and the health care costs skyrocket for that person. People that are poorer and less educated often tend to fall into this group and they often do not have the resources to combat their health problem on their own. As such, taxpayer money and government involvement takes on a lot of the burden. Diabetes alone is costs the country (both taxpayers and the government) a total of $132 billion (FOH, 2013).

A last example of a bad actor in the populace that should be mentioned are people that can afford health coverage but simply refuse (for whatever reason) to purchase it. The two main sources of this decision are a general preference to not spend the money at all and people who feel that health insurance is simply not necessary for them due to their overall health being good. These people are taking a major risk because a single major health issue such as a broken bone or a major disease could wipe them out financially even if they fare well from treatment and recovery (PPN, 2013).

Another piece to the puzzle with this subject is the fact that politicians are using the healthcare topic to cater and pander to their donors and political base rather than focusing on bipartisan solutions that can actually accomplish some good. There is no way that ObamaCare itself would have passed had the Democrats not had control of House, filibuster-proof control of the Senate and the Presidency all at the same time running from early 2009 to early 2011. Until the Republicans gained back the House and a few seats in the Senate during the 2010 mid-terms, Democrats were able to push through basically anything they wanted, with a few constraints. Since then, no budget has been passed through both houses of Congress and really any legislation that is the least bit controversial has been stalled from being voted on at all or only gets through the House or the Senate but not both, for whatever reason.

Even with the bad actors in the populace and with politics, there will eventually come a time where someone will stand up and do the right thing because the public will likely demand it. The cacophony of public ire will grow louder and harder to ignore as the years wear on and the situation further deteriorates. When that time eventually comes, the author of this report strives to concoct a solution or at least help lead to an eventual one. The latter is accepted as a preconceived fate because the author is by no means an expert in this field but the science and methodology can be perfected

How Research was Found

The research for this report was found using EbscoHost and the search results were always narrowed to academic journals. Newspapers, editorials and opinion pieces were avoided, although there is some element of that in a lot of academic research that is political in nature. That being said, academic journals (peer-reviewed ones in particular) are the best source of exhaustive and unbiased (or mostly unbiased) data sets. The methodology and results are much more valid and reliable as there is a scientific method to the research more often than not.

Reliability and validity of the current and consulted research is important. Reliability speaks to whether the same results would come from the same overall method if the research is done over and over again. If not, then the research methodology and/or the materials consulted are flawed. Validity technically speaks to whether the research outcomes can be applied to real-world situations or not. Doing research on economics can be fickle and uneven because economic results and research situations cannot be contrived and created in an artificial environment. As such, all results and theories have to be based on actual outcomes that can be pointed to and analyzed.

Further Research Needed

The author of this report has no illusions that the findings and assertions made within this report, either through others or the author in particular, because that is simply not reasonable or possible given the sheer enormity of the problem and the economic system that feeds said problem. It is certainly true that people can and should get health coverage. However, that does not mean that paying for it will be easy nor does it mean that everyone that technically qualifies for assistance should be using it. It is also not true that people always act and behave properly vis-a-vis their health care coverage and overall handling of their health.

The overall question that has to be answered via further research is how much involvement the government should have in healthcare to accomplish the optimal level of insurance participation and general health habits. That level involvement would include how much regulation should occur, how much spending should occur (which translates to how much the taxpayers of this country will be taxed) and how much of the responsibility will be force-fed upon the public, namely those that clearly drains on the system and/or are generally acting irresponsibly.

Lastly, the research should be based on the premise that no single solution is going to be perfect and some people will always slip through the cracks. Similarly, there are people that are going to unfairly exploit the system and the best way to proceed is to find the solution that benefits the most people, spends a measureable and possible amount of money from taxpayer funds and impresses upon people the idea that they can and should empower themselves to be their own healthcare boss if and when they can and that government handouts are only a last resort, not the first step. It is not a matter of compassion. There is simply not enough money for all the hands that exist and many of the hands that are extended do not or should not need it.

Just as a concise summary, here is a review and some more expansion on the prior words. First, the topic of the research should be a single solution that benefits the most people but does not break the bank or enable bad behavior too much. The method of this review should be both quantitative and qualitative with an emphasis on the former more than the latter because the latter is so subject to demagogic language and other silliness that just muddies the proverbial waters.

The overall perspective will be from the government as that is what is most in question here but the perspectives of the populace as well as private industry and the private health insurance companies should all be included because they are all undoubtedly stakeholders and will (and should) be part of any solution since the taxpayer money in question is coming from all of those parties in some manner or form, whether it be based on corporate income taxes or personal income taxes.

Costs will be measured in terms of patient burdens, revenues and profits for the private insurance forms, how much is taken in and used (or wasted) by government agencies and how much capital all of the above parties really have to burn so that all truly know who has what skin in the game and to what extent. Many focus on the consumers alone but to ignore government largesse getting out of control and the razor-thin profit margins that private health insurers enjoy even in good times would be a mistake, plain and simple.

The choice of path, again, is based on providing the best outcome to the most people possible. Government assistance is certainly not irrelevant and must be part of any solution but it should not be extended to people who simply do not need it, for whatever reason. Similarly, trends of people falling through the cracks should also be assessed. The overall plan of analysis will be to look at historical trends as compared to population and health statistics and extrapolate that out based on the economic, demographic and societal trends that are in play right now. It will not be possible to get things exactly right as that is exceedingly hard to do with precision. However, history is a very good teacher and statistics do not lie so long as nothing important is not left out or blatantly ignored.

The strengths of this approach is that is very reasonable given the complexities and gravity of the items being assessed as well as the fact that it takes all of the important factors (greatest… [END OF PREVIEW]

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APA Format

Healthcare Economics Evaluation.  (2013, March 18).  Retrieved January 23, 2019, from http://ombrecups.com/subjects/paper/healthcare-economics-evaluation-report/7873315

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"Healthcare Economics Evaluation."  18 March 2013.  Web.  23 January 2019. <http://ombrecups.com/subjects/paper/healthcare-economics-evaluation-report/7873315>.

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"Healthcare Economics Evaluation."  Essay.  March 18, 2013.  Accessed January 23, 2019.
http://ombrecups.com/subjects/paper/healthcare-economics-evaluation-report/7873315.
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