Single-Party Payer The current inflation in health care cost in the United States has gotten everyone troubled and in search for new ways to adapt or stomach these constant increases. A recent online article posted on Fortune website states that the expected cost of healthcare would grow 6.5% through the upcoming year (Lorenzetti, 2016). Such concerns have taking to the mainstream of politics as government officials continue to exploit the people’s insecurities, making boisterous promises to provide a more affordable health care system for all. A recent health care system which was proposed to the American people this recent 2016 election campaign is that of a Single-Party Payer. Republican presidential candidate Bernie Sander’s made this …show more content…
The Single-Party Payer is no different and requires a great deal of understanding. The Single Payer provides a great deal of benefits. Under this coverage, everyone is treated equally with disregard to social status and is guaranteed to receive a high quality of service. The billing process in hospitals will also be much simplified, giving the physicians free range to prescribe medicines to patients as they so deem fit. Its non-profit status significantly contributes to the reduction of single health care with no limitations and since the system is government operated, insurance premiums are not evident when compared to private organizations (HRF, 2014). Cons of Single …show more content…
One of this health care’s programs objective is to limit the number of uninsured (Shi & Singh, 2015). This controversial healthcare plan incorporates a privately funded insurance which is paid for through employment and solely by the patient and a publicly funded insurance by the government. Medicare is provided for senior citizens 65 and older, and Medicaid is provided for low income citizens. The federal government and state government both partake in the funding of Medicaid. Although insurance is provided to the low income through Medicaid, the United States continues to suffer from cost escalation spending 17.1 percent of GDP on healthcare in 2013, a 50 percent more than the second nation (Commonwealth, n.d.) The high cost and limited coverage continues to spark up the conversation for a
Currently the United States has the most expensive health care system in the world and some 45 million Americans are uninsured under the current health system, these numbers continues to grow. Using the theory of an Utilitarianism perspective and developing a single-payer system such as universal health care all Americans could enjoy equal access to quality health care. The single-payer system will provide tools to manage health spending more effectively and ensure health care for everyone. If the United States would follow the blueprint of other developed nations who have successfully implemented universal health care coverage it would protect citizens from high medical premiums, co-payments and give everyone access to equal health care. In the United States people go without health coverage, it is a problem that needs to be resolved, yet we remain one of the last developed countries to implement universal health care coverage. Despite efforts to enact polices for
With rising healthcare costs being distributed predominantly on workers or their companies, the economic responsibility is placed on the very people who need it the least: the job creators. If the economic responsibility of healthcare costs was shifted to the government, the private sector job creators could have more revenue to stimulate the economy with additional jobs, better wages, and improved worker benefits. The best way to shift this cost obligation is via a single-payer healthcare system. A single-payer would make sure all citizens would be covered for all medical services, including doctor, hospital, preventive, long-term care, mental health, reproductive health care, dental, vision, prescription drug, and medical supply costs.
I will compare the current health care system with the new Patient Protection and Affordable Care Act (ACA) that became law on March 23, 2010. The current system, which is being phased out between 2011 and 2018 is increasingly inaccessible to many poor and lower-middle-class people. About 47 million Americans lack health insurance, an increase of more than two million people from 2005 (Rover, 2011) the increasingly complex warfare between insurers and hospitals over who pays the bills is gobbling up a great deal of money and the end result is that the United States pays roughly twice as much per
Socialized medical systems are designed to disregard the insurance industry and disregard income while providing health care for all. Healthcare in the United States is constantly changing and advancing, which requires the cost of health insurance to rise. The idea of socialized medicine is prominent, until the aspects of socialized medicine are brought to attention. Every aspect of a socialized health care industry is controlled and powered by the government; most doctors, nurses, medics and administrators are government employees, and the government decides when, where, and how services are provided. Even though socialized healthcare systems would save money, it is a prominent idea but not worth the problems because total government control over the way healthcare is distributed would result in complications of the citizens.
The United States (US) is distinguished for its medical advances, leading technology and astonishing discoveries in various science fields. These advancements in the health care ground have impacted and improved the health care delivery of several in the nation. The US is found among the wealthiest, most developed countries around the world; however, it is the only developed country that fails to provide universal health care to its people. Health care in the US is described as fragmented, inaccessible, and expensive. Diebel (2015) compared the health system in the US to other nations and supported that it is extremely overpriced, yet the end result does not always support its cost. Lack of coverage, high copayments plus deductibles force Americans to postpone seeking medical attention resulting in undiagnosed health conditions and complications of current diseases. In 2010, under President Obama’s mandate, Americans witnessed the birth of a controversial legislation, The Patient Protection and Affordable Care Act (PPACA). The goal of the PPACA is to improve just about every aspect of the system such the health of Americans, health care access and quality, while reversing the health care expenditure (Hahn and Sheingold, 2014). The aim of this paper is to discuss the PPACA and the Medicaid Expansion under the PPACA including its risks and benefits; as well as, the impact of the expansion in the healthcare delivery
There are many countries all around the world that house the opportunity to provide health care for all. Some of which include the United Kingdom, Japan, and Canada. Industrialized countries all over the world have a similar idea of universal health care which is called the single player health care system. "Most definitions characterize single-payer as one entity that collects funds and pays for health care on behalf of an
The introduction of the Patient Protection and Affordable Care Act of 2010 has been the best perspective to allocate resources to improve access, cost, and quality of care to all Americans in recent years. It is has allowed the expansion of Medicaid, which in turn provides coverage to millions of low-income Americans, it extended family coverage for children to twenty-six years old, and ultimately, more than seventeen million Americans have gained health insurance thanks to the Affordable Care Act. Quite impressive, yet it is not as appealing as it seems; for the government implemented a plan attempting to create universal healthcare within the private sector. This, in course, made few rates fall while many others rose. An online article
Throughout the progression of our society we have been faced with extensive public policy issues that impact our country as a whole. Today, rising health costs in the United States has become one of the biggest threats to our essential growing economy. Rising health care cost has “trickle-down effect”, when private healthcare insurance companies raise insurance premiums. Companies that subsidize these premiums for their workers our then forced to raise prices. American companies then sequentially struggle to compete with countries on the global market. Another issue that significantly affected the rising cost in America is the uninsured and underinsured. In an effort to cover cost for underinsured patients’ hospitals raise costs for paying
America should take time to identify the needs of its population and then decide which should be covered under the single-payer system. Moreover, the model is effective because it can protect the hospitals from being flooded with massive government underpaid doctors (Flood & Rock, 2017). Instead, it suggests the inclusion of the vibrant private sector for better outcomes. Nevertheless, the system does not limit the patient’s choices of physicians and medical facilities. While considering this concept of well management in healthcare units, considerations of obtaining funds from mixed sources such as taxes, and premium payments by both employees, and employers should also be prioritized. With both the federal and state government in the funding process, such an approach would see fruition in the long
Over the course of the last thirty-five years, the cost of health care has risen to the point that many people in the middle class to low income cannot even afford to participate in preventative medicine. Several Presidents have tried to get certain plans passed and even when they did; it seemed it was only a short-term fix to an issue. Our nation’s health care costs does not seem to have a lasting impact rather by health care industry, managed and market competition or by regulation (Altman, D. E., & Levitt, L. (2003).
Many opinions are presented in how best to address the issue of universal health care for the American public: keeping the current system, changing the current system, repealing the ACA, or adopting another system altogether. Considering the cost to Americans associated with the federal deficit, changing, repealing, or maintaining the current ACA does not address or “fix” the deficit. Repealing the current system, above all else, places many Americans without the health care they need and deserve as a basic right. One of the most appealing options is adopting the same universal coverage offered in Canada: a single payer system. The
Over the last few decades, the United States has witnessed skyrocketing health care costs. Health insurance premiums have been rising on average by double-digit percentage points over the past five years, a rate of increase that is 2-3 times the rate of inflation.1 Because of these out-of-control health care costs, there has been a steep rise in the number of uninsured Americans. Currently, more than 45 million Americans lack any form of health insurance, and millions more are “underinsured” – they have insurance but lack adequate financial protection from health care costs. While this problem was formerly a problem confined to low-income Americans, more and more middle-class citizens are becoming directly affected by the problem. In the face of rising health care costs, fewer employers are able to provide their workers with health insurance; the percentage of employers offering health insurance dropped from 69% in 2000 to 60% in 2005. Even if employers are able to provide health insurance benefits, the trend is towards providing high-deductible insurance that covers an ever-shrinking percentage of health care costs.1 The net result is that more and more employed middle-class Americans find themselves with low-quality or no access to health care. The erosion of employer-based coverage has been partially offset by increased enrollment in Medicaid, which is designed to provide a safety-net for the lowest income Americans.2 However, Medicaid has recently been the subject of
With the ever-changing difficulties of our health insurance landscape, the government has taken a more active role in the health care and well-being of American citizens. With this shift, programs like Medicare and Medicaid, become polarizing topics in an environment where individual finances are tight, our economy is struggling, and the future is no longer as predictable or financial secure as we once believed it to
Amongst many of the Unites States government run systems, healthcare is essentially a money making machine with little regard to the well-being of those in need. Our current system, widely known as ObamaCare, is an individual mandate system. The individual mandate system has historically been proposed by republicans, most notably Bob Dole and Mitt Romney, as a combat to the single-payer system. Single payer health care has been implemented by the majority of developed nations throughout the world. Despite being the world's largest economy, the United States healthcare system is ranked 37th by the worlds health organization (2), as it directly causes an estimated (by Reuters) 26,000 annual deaths as a result of lack of coverage (3). Given the context, I am inclined to support the idea of a complete reform to our current system, and pursuing a single-payer system in the US.
The U.S., the world’s economic super power must have a great health care system with the most up-to-date facilities and technologies. If you have such illusion, you will be mercilessly betrayed immediately. Surely, America has the most expensive health care system in the world, suitable for its economic power. However, its performance ranks the worst among 11 industrialized countries, according to one report in 2014 (The Commonwealth Fund, 2014, p.12). Not only that, as much as 62 percent of people go bankrupt due to medical expenses, despite the fact that the majority of them have some form of insurance (The Haffington Post, 2015). In order to correct the messy situation of medical care the U.S. now in, President Obama introduced what is commonly known as ObamaCare, which aims to provide more American citizens with access to affordable and quality healthcare (ObamaCare Facts, 2016).