The document discusses several key issues around women's health insurance and costs in the United States. It notes that more than 17% of women are uninsured, health insurance premiums have increased 119% between 1999-2008, and 3 in 5 women are unable to pay medical bills. Additionally, it discusses rising costs being passed onto employees through higher deductibles, co-payments and coinsurance, as well as efforts to reduce costs through wellness programs and dependent audits. The document also examines health insurance issues facing young Americans, including high uninsured rates and concerns about shouldering costs for older populations under reforms.
Medical costs are once again rising rapidly, forcing health care .pdfAroraRajinder1
Medical costs are once again rising rapidly, forcing health care back into political prominence.
This issue direct affects you as a student, family member, employer, and/or employee. The
problem of medical costs is so pervasive that it underlies three quite different policy crises. First
is the increasingly rapid unraveling of employer-based health insurance. Second is the plight of
Medicaid. Third is the long-term problem of the federal government’s solvency which is largely
a problem of health care costs.
Write an eight page paper addressing each of these issues. Be sure to choose a position (of
which there are many) and substantiate that position with facts and economic data. Some of the
issues which need to be answered are:
Is health care spending a problem?
Is employer-based insurance unraveling?
Medicare and Medicaid
The inefficiencies of the health care.
Single-payer and beyond.
How much health care should we have?
Can we fix health care?
Solution
1. Is health care spending a problem?
In 1960 the United States spent only 5.2 percent of GDP on health care. By 2004 that number
had risen to 16 percent. At this point America spends more on health care than it does on food.
But what’s wrong with that?
The starting point for any discussion of rising health care costs has to be the realization that these
rising costs are, in an important sense, a sign of progress. Here’s how the Congressional Budget
Office puts it, in the latest edition of its annual publication The Long-Term Budget Outlook:
Growth in health care spending has outstripped economic growth regardless of the source of its
funding. The major factor associated with that growth has been the development and increasing
use of new medical technology. In the health care field, unlike in many sectors of the economy,
technological advances have generally raised costs rather than lowered them.
Notice the three points in that quote. First, health care spending is rising rapidly “regardless of
the source of its funding.” Translation: although much health care is paid for by the government,
this isn’t a simple case of runaway government spending, because private spending is rising at a
comparably fast clip. “Comparing common benefits,” says the Kaiser Family Foundation,
changes in Medicare spending in the last three decades has largely tracked the growth rate in
private health insurance premiums. Typically, Medicare increases have been lower than those of
private health insurance.
Second, “new medical technology” is the major factor in rising spending: we spend more on
medicine because there’s more that medicine can do. Third, in medical care, technological
advances have generally raised costs rather than lowered them although new technology surely
produces cost savings in medicine, as elsewhere, the additional spending that takes place as a
result of the expansion of medical possibilities outweighs those savings.
So far, this sounds like a happy story. We’ve found new ways to help people, an.
Medical costs are once again rising rapidly, forcing health care .pdfAroraRajinder1
Medical costs are once again rising rapidly, forcing health care back into political prominence.
This issue direct affects you as a student, family member, employer, and/or employee. The
problem of medical costs is so pervasive that it underlies three quite different policy crises. First
is the increasingly rapid unraveling of employer-based health insurance. Second is the plight of
Medicaid. Third is the long-term problem of the federal government’s solvency which is largely
a problem of health care costs.
Write an eight page paper addressing each of these issues. Be sure to choose a position (of
which there are many) and substantiate that position with facts and economic data. Some of the
issues which need to be answered are:
Is health care spending a problem?
Is employer-based insurance unraveling?
Medicare and Medicaid
The inefficiencies of the health care.
Single-payer and beyond.
How much health care should we have?
Can we fix health care?
Solution
1. Is health care spending a problem?
In 1960 the United States spent only 5.2 percent of GDP on health care. By 2004 that number
had risen to 16 percent. At this point America spends more on health care than it does on food.
But what’s wrong with that?
The starting point for any discussion of rising health care costs has to be the realization that these
rising costs are, in an important sense, a sign of progress. Here’s how the Congressional Budget
Office puts it, in the latest edition of its annual publication The Long-Term Budget Outlook:
Growth in health care spending has outstripped economic growth regardless of the source of its
funding. The major factor associated with that growth has been the development and increasing
use of new medical technology. In the health care field, unlike in many sectors of the economy,
technological advances have generally raised costs rather than lowered them.
Notice the three points in that quote. First, health care spending is rising rapidly “regardless of
the source of its funding.” Translation: although much health care is paid for by the government,
this isn’t a simple case of runaway government spending, because private spending is rising at a
comparably fast clip. “Comparing common benefits,” says the Kaiser Family Foundation,
changes in Medicare spending in the last three decades has largely tracked the growth rate in
private health insurance premiums. Typically, Medicare increases have been lower than those of
private health insurance.
Second, “new medical technology” is the major factor in rising spending: we spend more on
medicine because there’s more that medicine can do. Third, in medical care, technological
advances have generally raised costs rather than lowered them although new technology surely
produces cost savings in medicine, as elsewhere, the additional spending that takes place as a
result of the expansion of medical possibilities outweighs those savings.
So far, this sounds like a happy story. We’ve found new ways to help people, an.
Ch. 5 Paying for Health CareLearning ObjectivesAfter reading.docxcravennichole326
Ch. 5 Paying for Health Care
Learning Objectives
After reading this chapter, you should be able to:
Distinguish the benefits and shortcomings of private sources of payment for the care of vulnerable persons.
Identify the benefits and shortcomings of public sources of payment for the care of vulnerable persons.
Recognize the most common public payer options, and understand their eligibility requirements.
Understand how health care is financed for people with no health insurance coverage.
Introduction
Photo of a large group of people protesting in front of a white government building. A woman at the front left of the photo carries a sign that says, "Responsible capitalism, healthcare for all." A man at the front right of the photo holds a sign that says, "Medical bankruptcy has a face."
Courtesy of Jodi Jacobson/iStockphoto
Costly new technologies and the free-market nature of the health care industry have raised the cost of health care.
The cost of health care is rising, in part because of expensive new technologies and procedures, and in part because of the market failure of the health care industry. It has been argued that deregulation of health insurers, combined with a free market health care industry, has changed health care from a service-based structure to a commodity, or a product available for purchase. America's health care delivery system is geared toward the multibillion dollar health insurance industry rather than individual payers, many of whom lack the financial ability to cover health care expenses out of pocket, from general emergency room care to a life-threatening illness. After all, few people have $10,000 in their budgets to cover the cost of an emergency room visit for a broken arm.
Americans purchase health insurance to cover medical bills, but health insurance is too expensive for many families to afford. In 2010, 64% of the American population had private health insurance for all or part of the year. That isn't a very large majority, considering that everybody needs medical attention at some point. In that same year, 31% of the population had government-run public health insurance, and 16.3% had no health insurance at all for all or part of the year (DeNavas-Walt, Proctor, & Smith, 2011). The question across America, from Congress to kitchen tables, is how to insure all, how to tackle rising health care costs, and how to decipher a fair and equitable payee process.
Critical Thinking
What do you think will be the impact if health care costs are not addressed? What future problems do you predict?
5.1 Private Payers
The private payer sector comprises programs that provide financial access to health care, which includes insurance companies, employer-run health coverage programs, and individuals who pay for health care out of pocket. Individuals who pay for all of their health care out of pocket are rare, as the cost of health care is prohibitive. Employer-run health coverage programs are types of i ...
THE BIDEN PLAN TO PROTECT & BUILD ON THE AFFORDABLE CARE ACTDr Matthew Boente MD
From the time right before the Affordable Care Act’s key coverage-related policies went into effect to the last full year of the Obama-Biden Administration, 2016, the number of Americans lacking health insurance fell from 44 million to 27 million – an almost 40% drop. But President Trump’s persistent efforts to sabotage Obamacare through executive action, after failing in his efforts to repeal it through Congress, have started to reverse this progress. Since 2016, the number of uninsured Americans has increased by roughly 1.4 million
Overview - Health Care IssuesHealth Care IssuesOpposing .docxgerardkortney
Overview - Health Care Issues
Health Care Issues
Opposing Viewpoints Online Collection, 2015
In recent years, the availability and affordability of health insurance in the United States has become
the subject of much debate. The United Nations’ Universal Declaration of Human Rights lists medical
care among the basic human rights to which all people are entitled. In 2011, however, about 17
percent of Americans had no health insurance at all. For many people who are insured, the cost of
coverage is a financial hardship. This situation has led some people to call for the government to
provide health insurance for all citizens. Others, however, are skeptical of government’s ability to
efficiently manage health insurance and oppose any plans that involve government. The issue is made
more urgent by rapidly rising health care costs that threaten to overwhelm the country’s current
system of health insurance, and the national economy in general. Health care reform has become one
of the most important issues in contemporary American politics.
The Basics of Health Care
In most developed countries, health care systems involve government control or sponsorship. For
instance, in Great Britain, Scandinavia, and the countries of the former Soviet Union, the government
controls almost all aspects of health care, including access and delivery. For the most part, health
services in these countries are free to everyone; the systems are financed primarily by taxes. Other
countries, such as Germany and France, guarantee health insurance for almost all their citizens, but
the government plays a smaller role in managing health care. Both systems are financed at least in
part by taxes on wages.
The US government, by contrast, does not pay for most of its citizens’ health care. Generally,
Americans receive health care through employer-sponsored insurance, or they arrange to pay for
insurance on their own. Like all forms of insurance, health insurance operates by pooling the
resources of a group of people who face similar risks. This creates a common fund that members can
draw upon when needed. Each person in the group pays a certain amount, called a premium, every
month. These premiums are used to cover the medical expenses of group members who become sick
or injured.
Health Insurance in the United States
Today, most Americans receive health insurance through their place of work. Employers typically pay
for part of the premiums. Most employer-sponsored plans are administered through payroll
contributions. People who are self-employed and those whose employers do not provide health
insurance must purchase individual health insurance. Individual plans are generally more expensive
than group plans. Certain low-income individuals and families may be eligible for Medicaid, a form of
government-sponsored health insurance. In 1997, the US government introduced the Children’s
Health Insurance Program (CHIP) to assist the children of families who do not qualify f.
While the health care reform bill is a step in the right direction, medicare for all or single payer is what is really needed to control costs and insure all.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
2. Did you know... More than 17 percent of women are uninsured, and even more are underinsured. Between 1999 and 2008, health insurance premiums increased 119 percent — 3.5 times more than wages during the same period. 3 in 5 women are unable to pay her medical bills. Real median earnings declined for women and men in 2008, and the wage gap for women stands at 77 cents of every dollar that men earn. With the increase in the number of uninsured Americans, more mothers will have to make the choice between medical care and putting food on the table. More daughters will have to choose between filling their prescriptions and paying their rent.
3. "Cadillac" Health PlansAlso known as "gold-plated insurance," these plans are very expensive, very generous and require little or no out-of-pocket expenses for those who have them. Public employers and union employees in the manufacturing sector (like many of those who worked for the Detroit automakers) commonly have Cadillac plans. Catastrophic Health Insurance Coverage with a very high deductible that is intended to protect against unforeseen illness or injury. While this insurance can protect against medical bankruptcy, it does not typically cover routine, preventive medical care. Co-Insurance Insurance that covers a preset percentage of a patient's medical care. For example, a health-care plan that covers 80% of the charge for hospitalization, leaving the patient responsible for the remaining 20%. Co-Pay The preset fixed amount a patient must pay at the time a medical service is rendered.
4. Fee-for-Service Paying or billing for every individual medical procedure, test or device. This is the most common way payments are made in the U.S. health system. Generic Drugs Prescription drugs with the same ingredients as name-brand drugs, but which are sold at a fraction of the cost. Once a pharmaceutical company develops a drug, the company's patent rights prevent that drug from being sold in generic form for a set period of time. Health-Savings Account (HSA) A tax-deductible personal savings account, usually offered by employers along with high-deductible health-insurance plans, that can be used to pay for medical expenses. Pre-Existing Condition A health-insurance plan that reimburses medical expenses at different rates, depending on whether a patient chooses to get care inside or outside a pre-determined group of providers. Public Option A government-run health-insurance plan that could offer coverage at a cost below that of private insurance plans because of lower administrative costs and possibly lower reimbursements to doctors and hospitals.
6. Changes to 2010 health benefits, which reflect the first chance employers have had to restructure their plans since the economy started tanking in September 2008, Surveys indicate that in 2010, 40% of employers will shift more premium costs onto employees and 39% will increase deductibles, co-payments, co-insurance or out-of-pocket maximums More employers are steering workers toward catastrophic health policies with deductibles as high as $5,000 or $10,000
7. The days of paying a $15 or $25 co-pay for a visit to a specialist are slowly being replaced by co-insurance: The patient pays 10%-20% of the actual cost of each doctor's visit, lab test, procedure or prescription. Large employers offer so-called wellness programs, including efforts to get workers to lose weight or quit smoking. Firms are conducting "dependent audits," weeding out enrollees who don't actually qualify for coverage or charging employees more for dependents who are offered coverage elsewhere.
8. Bringing more young adults into the health care system would balance out the costs for everyone else because the young use the least amount of care. Should young people be forced to buy insurance? If so, how much should they pay for it? critics argue that young people could end up paying disproportionately larger premiums, effectively subsidizing older Americans who tend to use more health-care dollars. "We're going to be the ones paying for it in this climate of deficit spending," said Alex Hansen, a senior at Marquette and chairman of the College Republicans.
9. Young … and uninsured Young people ages 19 to 24 have the highest uninsured rates of any other age group in the nation, according to the Kaiser Family Foundation. Experts cite a number of reasons for the disparity: They are less likely to work at companies that offer coverage, they make little money to buy it on their own, and they don't qualify for government programs that provide free or affordable coverage. Many of them also say they don't need insurance - even if they can afford it - because they are young and healthy. recent polls show that young Americans tend to be more supportive of health reform efforts than any other age group. Young people also tend to worry more than any other age group about losing their current coverage.
10. Young adults represent the largest group of uninsured people while they also increasingly report mental health issues in college. The San Jose Mercury News reports: "Young adults aged 19 to 29 are less well-protected by health insurance than any other age group in America: Almost one in three have no insurance - and many more are underinsured. Young adults who have graduated from college and are employed do not necessarily have health insurance either since many first jobs don't offer affordable health plans The gap is so critical and so costly that House Speaker Nancy Pelosi last week announced a new provision proposed for the health insurance reform bill: It would allow young people to remain covered under their parents' insurance plan until their 27th birthday
11. The Underinsured People with, for example, catastrophic health insurance (see definition) but who still face the threat of high medical bills and who are just as likely as the uninsured to forgo services like preventive care. The underinsured also include people who have relatively low caps for insurance, meaning their insurers will pay only a preset annual amount (any expenses beyond that will not be reimbursed). Research suggests that as many as 25 million Americans are underinsured. The Uninsured An estimated 46 million Americans. Several groups make up a large portion of the uninsured: young adults who can't afford health insurance and don't feel they need it; people without employer-sponsored health insurance who have pre-existing conditions that make buying an independent policy cost-prohibitive; families and individuals who aren't poor enough to qualify for Medicaid but who are too poor to afford health insurance; employees of small businesses who choose not to or can't afford to offer insurance to employees; and illegal immigrants.
12. Penalties for no coverage With lawmakers still hammering out the details of their plans, every proposal would require that virtually all Americans - including young people - have health coverage. Those who opt to go without insurance could face fines of as much as $950 a year for higher income people, according to one proposal in the Senate. This coverage mandate, backed by the insurance industry, is drawing criticism from those who worry about government intrusion in people's lives or question whether Congress can legally force Americans to buy insurance. Supporters say health insurance should be treated like car insurance so that the uninsured don't drive up costs for everyone else.