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Numerous sources report that the United States spends more per capita on health care than other industrialized nations. In 2010 Medicare and Medicaid Services stated that medical-related expenditures exceeded 2.6 trillion dollars; however indications are that these high expenditures are not improving health outcomes to the degree expected. What makes containing health care costs so difficult? What are the ethical issues of balancing cost with providing greater access to health care and improving quality?
This week you will consider health care economics and how cost influences the decision-making process regarding coverage. You will also examine the trade-offs related to cost quality and accessthree factors that drive the health care policy process.
This week you analyzed ethical and economic challenges concerning health care policy decisions and reimbursement mechanisms for services that included trade-offs related to cost quality and access.
1 1/2 pages with 3 references APA
Required Readings
Knickman J. R. & Kovner A. R. (Eds.). (2015).Health care delivery in the united states(11th ed.). New York NY: Springer Publishing.
This chapter attempts to unravel several of the complexities in Americas health care system and it also provides an analysis of the health care/insurer/patient relationship and how hospitals are actually funded.
Rising costs of health care and potential approaches to constraining growth in health care expenditures are examined in this chapter.
This chapter looks at the nature of the supply and demand for health care professionals in the United States.
Milstead J. A. (2016). Health policy and politics: A nurses guide (5th ed.). Burlington MA: Jones and Bartlett Publishers.
This chapter breaks down the basic elements of economics as they relate to health care explaining how consumer choice combined with limitations on what hospitals can supply affects the type of care given.
Reinhardt U. E. (2010 Jan 20). State of the nation (a special report): VoicesA good start. The Wall Street Journal p. R5.
Retrieved from the Walden Library databases.
This article describes how the U.S. health care reform bill seeks to obtain better value for the U.S. health care dollar by generating more research into cost-effective care.
Stein R. (2010 November 8). Review of prostate cancer drugs Provenge renews medical cost-benefit debate. The Washington Post. Retrieved from http://www.washingtonpost.com/wp-dyn/content/article/2010/11/07/AR2010110705205.html
This article describes a federal review conducted to determine whether Medicare expenditures should be allocated to an expensive prostate cancer vaccine. The author details both sides of the debate on the issue.
Required Media
Laureate Education (Producer). (2012c). Healthcare economics and financing. Baltimore MD: Author.
Note: The approximate length of this media piece is 16 minutes.
Accessible player–Downloads–Download Video w/CCDownload AudioDownload Transcript
Optional Resources
The following resources may support the Assignment; however they are not required readings.
Mller D. Zimmering M. Chan C. McFarlane P. Pierratos A. & Querfeld U. (2008). Intensified hemodialysis regimens: Neglected treatment options for children and adolescents. Pediatric Nephrology 23(10) 17291736.
Retrieved from the Walden Library databases.
Neil N. Walker D. R. Sesso R. Blackburn J. Tschosik E. A. Sciaraffia V. & Bhattacharyya S. K. (2009). Gaining efficiencies: Resources and demand for dialysis around the globe. Value in Health 12(1) 7379.
Retrieved from the Walden Library databases.