The findings with 1:8 ratios showed the lowest labor cost but it was associated with high patient mortality rates. For every decline in nurse to patient ratio showed labor cost increased but mortality rates declined (Rothberg et al., 2005). To view the information in dollar amounts, the savings of even one life by lowering nurse to patient ratio from 1:8 to 1:7 would amount to $46,000. To compare, if nurse to patient ratio is decreased from 1:5 to 1:4, it would cost about $142,000 (Rothberg et al., 2005). In terms of saving in labor cost, it was found that if nurse to patient ratio increased from 1:6 to 1:7, this would save the hospital about $92 in labor costs on average per case but keep in mind that the more patients the nurse has the higher probability of a fatal error occurring increases, causing about 1.4 additional lives per 1,000 admission (Rothberg et al., 2005).
Allen Greenspan (1983) wondered if it was worth spending healthcare funding on the elderly, who die within a year. Other supporters have also discussed money-based savings. There has not been any evidence shown the savings that would be achieved by rationing the elderly healthcare. There have been many other proposals for rationing healthcare for the elderly. They contend that using expensive medical treatments on an older adult would be better saved for the health needs of younger people or other groups.
It covers the cost of having to pay for a newborn child or a brain transplant. In some countries, there is no such thing as paying money for health insurance and comes with the annual taxes people spend every year. However, the United States do not include this within the thousands of dollars Americans spend every April and makes them spend even more if they want to cover themselves. With the prices of health care exploding, about 50 million Americans are left uninsured (Borosage, Parag. 4). People have to be left with the risk of paying thousands to hundreds of thousands of dollars for surgery that is crucial to the survival of a person’s life.
Most of the changes consisted of delays. One of the major delays was made in 2013 which was a one year delay in requiring firms with over 50 workers to provide insurance. This delay was set in place because the needed systems were not in place for these changed to be implemented (Greenberg, n.d.). Another important change was a policy change to allow consumers to get federal subsidies if they purchase health plans outside the new insurance marketplaces, to avoid people from being left without coverage because several state ran exchanges are still suffering from technical faults
The slow wages growth and increased unemployment in 2010 were the causes of lower payments on payroll taxes resulting in a projected insolvency of 5 years earlier, 2024. Nevertheless, with the Medicare payment reduction and revenue increases included in ACA, as well as system reforms to improve efficiency and quality in patient care to reduce costs, we can expect a slower growth rate compared to historical trends, but regardless of the efforts, HI Trust Fund faces a medium long term deficit due to the upcoming increase of individuals older than 65 years old covered by Medicare and the decreasing relationship between employee’s tax contributions and health care expenditures. What is going to happen with the Trust Funds? Are we going to be covered by Medicare when we reach 65 years
Oberlander Johnson discusses the pros and cons of a single payer health care system. Johnson says that the issue of health care has become a hot topic due to the emergence of Presidential candidate Bernie Sanders. While many Presidents in the past like Harry Truman have tried and failed a single payer health care system, what has occurred is incremental health reforms like Medicare which is national health care for the elderly. The most recent change to the health care system is the Affordable Health care Act and while Johnson says the bill has expanded insurance, there are still many problems in the American health care system which is why there is so many calls from single payer advocates for significant change. Despite the ACA there are
Prescription Painkillers As the human race grows the demand for better health care and medication to support our exponentially growing population. What happens when the medication and healthcare system we trust and believe in to keep us going slowly kills us? With the invention of medication with curing and pain reliving properties abuse has always been in the same conversation. In 1898 and the years coming a lot of new medication such as heroin, aspirin, morphine, cocaine and Barbiturates became common, in the years following the world had its first drug epidemic.
The rising cost of medical care and health insurance is impacting the livelihood of many Americans in one way or another. The inability to pay for necessary medical care is no longer a problem affecting only the uninsured, but is increasingly becoming a problem for those with health insurance as well. The average annual premiums for single and family health insurance under employer-sponsored coverage was $5,615 and $15,745, respectively, in 2012. (Source: Kaiser/HRET Survey of
A decrease in the cost is the best option when wanting to grow the number of adoptions in the United States. This is because it creates more families to be able and ready to adopt. “Expect to pay for everything from counseling for the biological mother to getting your fingerprints.” (Williams). In conclusion, the huge expense of adoption is the biggest reason why more families can 't adopt.
The purpose of this paper is to holistically analyze ObamaCare, also known as the Patient Protection and Affordable HealthCare Act, taking into account both the benefits and shortcomings of this health care plan introduced by the Obama Administration. The Affordable HealthCare Act is not necessarily a newly introduced law, but a law that reforms existing healthcare programs in the United States. The law does introduce new benefits, however, it is largely comprised of new provisions including the mandate for all Americans to have health insurance, the expansion of existing social healthcare programs, and the mandate for large employers to provide coverage to all eligible employees. The goal of the Patient Protection and Affordable HealthCare
In fact it’s quite the opposite. Planned Parenthood uses a combination of government funding and the proceeds from abortions paid for by the patient to decrease the cost of their healthcare services like cancer screenings. It’s easy for those who are more fortunate to say that doctors and hospitals could offer those screenings as well; however, 75% of Planned Parenthood’s clientele are below 150% of the poverty level leaving them no other option but to use this government funded, low cost service (Klasing, 2017). Without Planned Parenthood, these men and women would lack an affordable option to receive equal healthcare
Additionally, Obama Care was responsible for bringing down the number of uninsured Americans from “41.3 million in 2013 [to] 28 million” (Jacobson par. 4), which is definitely a huge accomplishment. In other words, Obamacare was able to drastically bring down the number of uninsured people in a short period of time of 7 years. According to the Rand Corp, however, the repeal of the ACA could lead to “15.6 million uninsured people” (Jacobson 9), which could lead to a more disastrous setting in America. With many uninsured Americans roaming the streets, the federal government will lose the opportunity to receive even a little money from low-income families, but at the same time, will be putting many at
In my research, I’ve found that there happen to be more pros than cons to the act. With there being a lengthy list of them, I’ve dissected the list to two vital pros. One of those pros is that The Affordable Care Act helps to prevent illness among the youth in America through many law revisions. The Affordable Act allows youth to remain under their parent 's’ health insurance until the age of 26. Because of the Affordable Care Act, the percentage of uninsured youths fell from 48% in 2010 to 21% in 2012 and continues to drop to this day.
ACA prohibits discrimination against anyone with preexisting conditions, dropping coverage if you become sick, and limiting your annual or lifetime benefits. Millions of uninsured will get access to affordable high quality health insurance. In order to get money to insure uninsured, net taxes are placed mostly on high earners and the health care industry. (obamacarefacts) The Affordable Care Act will help to improve the well-being and incomes of Americans by increasing coverage and lowering costs of health insurance, helping the rate of uninsured go down.
If Planned Parenthood ends up getting cut completely, only three percent of what is cut goes towards abortion related services. The other 97 percent that actually covers preventative health care, various testings, and screenings are diminished. By defunding Planned Parenthood, the number of abortions are more than likely to rise without the services from Planned Parenthood from unwanted pregnancies. So you can cut a small piece of cash and ensure the shortage by a small amount, however it winds up costing more, when those in need put a strain on the public health system, costing much more in cancer treatments, emergency room visits, undesirable pregnancies, and so on and so forth. Simply because three percent of the money goes to something you don’t believe