Healthcare Term And Healthcare History Essay

791 words - 4 pages

Providing and funding for good quality health care has always been a major concern for the industry and especially individuals. Years ago, most of the cost of health care was either out of pockets or made a trade with food or other material items for medical care. In today’s economy health care is very expensive (even more expensive then back in history), even if there are health and medical insurance.
Back in the mid 1930’s, the Blue Cross/Blue shield organization sought to give individuals hospital and medical coverage with only one prepaid fee (a deductible). Years later, there were other health and medical insurance companies who started offering coverage, such as, Kaiser Permanente and ...view middle of the document...

The HMO part of the plan uses a referral system, made by a primary physician, for those services performed by out-of-network physician. Whereas, the PPO aspect, individuals are allowed to use out-of-network and in-network physicians, but with better benefits with the in-network physician. With the PPO plan, the costs of the premiums are higher for the consumer, but individuals choose to use this plan because of the better benefits (National Healthcare Reform Magazine, 2012).
On March 23, 2010, President Obama signed into law, the Healthcare Reform Act, which is also called the Patient Protection and Affordable Care Act (PPACA). As we go forward with the new Act, most of the current changes went into effect October 1, 2010 or January 1, 2011, whichever the renewal date. There are positive changes that will occur with the new Act. There will be increased education for consumers on the short- and long-term changes. Annual enrollment will be needed for organizations with 200 or more employees; increased payroll deductions according to dependents; increased cost overall; and there will be increased waivers, because of employees waiving insurance coverage from the employer. As we move forward and information becomes available, we will begin to see the economic force start to work (National Healthcare Reform Magazine, 2012).
The econometric studies have shown plan choice...

Other Essays Like Healthcare Term and Healthcare History

Disease Trends and the Delivery of Healthcare Services

1641 words - 7 pages Disease Trends and the Delivery of Health Care Services Sophronia Bonita Mckee HCA/240 University of Phoenix 5/26/13 Disease Trends and the Delivery of HealthCare Services The health care delivery system of today has undergone tremendous change, even over the relatively short period of the past decade. New and emerging technologies, including drugs, devices, procedures, tests, and imaging machinery

U.S. and Global Markets for Ethical Nutrition in Healthcare

876 words - 4 pages Dec 30th, 2014, Mumbai, India: Bharat Book Bureau presents the report, on “U.S. and Global Markets for Ethical Nutrition in Healthcare”. This report is designed as a comprehensive business tool to provide an across-the-board look at ethical nutrition in healthcare. The global market for ethical nutrition in healthcare was valued at roughly $34.5 billion in 2013 and increased to $37.1 billion in 2014. This market is expected to reach about

Meaningful Use Legislation and the Impact on Healthcare Organizations

1140 words - 5 pages  1 Meaningful Use Legislation and the Impact on Healthcare Organizations Application 2: Meaningful Use Paper NURS8210-1, Transforming Nursing and Healthcare through

Burden of Substance Diversion on Healthcare and Society

2507 words - 11 pages The Burden of Substance Diversion on Healthcare and Society The Burden of Substance Diversion on Healthcare and Society The intentional misuse, abuse, and diversion of illicit and prescription drugs are a growing problem in the United States. Substance abuse, illicit or prescription, presents economical tribulations for families, labor force, society, and healthcare. Substance abuse has invaded all socioeconomic barriers, schools, and work

Assignment 6 Competency: Interpersonal Skills and Healthcare Practice

944 words - 4 pages Assignment 6 Competency: Interpersonal Skills and Healthcare Practice Interpersonal skills in the healthcare setting are a must. You as a medical provider no matter how big or small must know how to communicate with the patrons your facility services. According to Beverly Davis (n.d.) defines interpersonal skills in the healthcare setting as skills that can relax a patient during data gathering and promote the patient's confidence in the

The Canadian Healthcare System and Its Effect on Development and Equity

2917 words - 12 pages The Canadian Healthcare System and its Effect on Development and Equity Jennifer MacDonald 201101133 DEVS 202:10 Acadia University Dr. Brown November 22nd , 2012 Introduction Canada’s various social programs prove to be key factors in the process of development in terms of equity, redistribution, and cohesion within the country. Within the industrialized world, the ongoing debates about healthcare programs generate questions about

Healthcare Delivery in India - Effects of Public Policy, It and Insurance

2214 words - 9 pages quality of healthcare delivery According to the WHO, “Each year, approximately 150 million people experience financial catastrophe, meaning they are obliged to spend on health care more than 40% of the income available to them after meeting their basic needs.” (WHO Factsheet N°320, 2007) High medical expenses due to short term health shocks coupled with low per capita income typically lead to debt, sale of assets, and long-term poverty. Theory

Change in Healthcare and the Revolution

919 words - 4 pages The industrial revolution was a time of social, economical and technological changes. The industrial revolution began in Britain in the late 18th and early 19th century and spread to other nations. It was a period in time that went from an economy based society on manual labor to an economy based on complex machinery. Areas that were once rural now were large industrial cities consisting of factories. This caused many people to move into

Exercise 11 and 16 Statistics for Healthcare Professionals

756 words - 4 pages Can you image having something lounged in your knee causing unbearable pain after surgery. In 2010 a patient went to a local hospital in Woodland Hills California, to have a knee replacement surgery done, and the operating surgeon left a foreign object inside the knee after performing surgery.(CDOPH). (Jones 2012). It was found that their was a unidentified nurse working in the in the surgical unit who failed to do a correct count on the

Economic Terms

820 words - 4 pages Economic Terms and Healthcare History July 1, 2013 By: Kelsey Breeden Economics within health care has changed drastically throughout the years. With the election and now reelection of President Obama, health care economics has become very important to not only providers, but managers and even the clients. In order to better understand the economics of health care, one needs to understand the history and evolution of

Communication Channels

1376 words - 6 pages off the floor or out of a patient’s exam room) (Sylvan, 2010). Next is the electronic communication method, which is frequently used by myself and throughout Garden Manor nursing home. Electronic communication is on the rise in the healthcare industry today. This type of communication involves the use of text messaging, emails, and electronic medical records. Texting in the healthcare field is quick convenient for short term use between nurses

Related Papers

Healthcare Law And It Essay

1631 words - 7 pages Healthcare Law and IT 1 Healthcare Law and IT 2 Healthcare as a whole has undergone an enormous transformation in recent years. The United States spends more on healthcare delivery, in terms of a percentage of GDP, than any other country in the world. Much of that cost is related to research and improvements in technology and information systems, as well as implementing them in an effort to reduce healthcare costs over time. That

Healthcare And Immigration Essay

1351 words - 6 pages National Healthcare and Immigration Roberto Macedo ITT Tech Mr. Berndt EN1320 Composition I Healthcare and Immigration What is healthcare? Healthcare is a service that is supposed to be provided to a country’s citizens that the U.S., for some reason, cannot get right (shocker!). Meanwhile, Canada has no problem handing medical care to its citizens for free, that’s right free. Why can’t the U.S. be as caring as Canada? On a side note

Faith Diversity And The Healthcare Provider

1406 words - 6 pages Running head: FAITH DIVERSITY AND THE HEALTHCARE PROVIDER: FINAL Faith Diversity and the Healthcare Provider: Final Draft Grand Canyon University: HLT 310V Abstract Patients’ emotional and spiritual needs are not disengaged from the patients’ physical and physiological needs but are considered an integral component of their recovery. There is evidence in medical literature that suggests a strong relationship between spirituality and

Aarkstore Country Focus Healthcare, Regulatory And Reimbursement Landscape Denmark

1025 words - 5 pages  Aarkstore - CountryFocus Healthcare, Regulatory and Reimbursement Landscape – Denmark Summary GlobalData, the industry analysis specialist, has released its latest report, "CountryFocus: Healthcare, Regulatory and Reimbursement Landscape - Denmark". The report is an essential source of information on and analysis