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Assignment 2 Funding the Rising Cost of U.S. Health Care




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Assignment 2 Funding the Rising
Cost of U.S. Health Care
In light of the Affordable Health Care Act and the myriad of citizens using the new health care insurance system, you, as a
health care administrator for a hospital, are responsible for reporting to the CEO of your hospital regarding the cost to your
hospital of using the new plan and the issues with patients who can afford regular health care coverage.
Write a six to eight (6-8) page paper in which you:
1.Give your opinion of the rising cost of health care’s overall impact on the U.S. economy. Justify your response. 2.Compare
and contrast at least two (2) areas of the economy that the new health care act impacts. Explain your rationale. 3.Debate the
main pros and cons of using private insurance versus using the new affordable health insurance system. 4.Analyze the major
impact this new health care system may have on different immigrant demographics, and predict the cost associated with
changing the accommodations to facilities having to review organizational planning in order to actualize these changes. 5.Use
at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic
resources. Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page
containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page
and the reference page are not included in the required assignment page length. The specific course learning outcomes
associated with this assignment are:
•Analyze the different ways of financing the health care system and the impact on individuals. •Use technology and information
resources to research issues in health services organization. •Write clearly and concisely about health services organization
using proper writing mechanics.
Even though some experts disagree the high cost of health care is not
a serious problem, the high and rising costs are a major issue, because
of the high cost of new technologies and the aging population.
Furthermore, the most expensive health care system in the world is
right here in the United States, with the per capita health expenditures
far above those in any other countries. However, to help the sky

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rocketing costs of health care, insurance companies came out with
plans like HMO’s to help manage care organizations that provide
comprehensive health care services for a predetermined annual fee per
each person enrolled.
The rising health care costs have become a huge concern for almost
everyone, including the general public, federal and state governments,
and employers who purchase health care for their employees. Hence,
there are several reasons to explain the high and rising costs of health
care. According to Bodenheimer (2005), he stated, “High health care
costs might derive from factors outside the health sector rather than
from characteristics of the health care system itself” (p. 849). One of
these factors outside the health sector is the rising costs of health care
for the aging population. According to the Pew Research Center
(2010), as of January 1, 2011 approximately 10,000 Baby Boomers,
who are the generation born between 1946 and 1964, will turn 65
every day for the next 19 years. Moreover, the high cost of
technologic advances, in combination with poor cost-containment
measures, is another factor in the high rise of health care costs.
Because the use of new technologies is fairly unrestrained in the
United States, the nation incurs higher health care costs
(Bodenheimer, 2005, p. 932).
HMOs can have a significant effect on the rising cost of health care.
The website HMO Health Insurance website (2013) states, "HMO
health insurance, or Health Maintenance Organization, is a network of

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doctors, hospitals, health care providers, and pharmacies that offer
medical treatment at a reduced cost to members" (para. 2). More
important, each provider that is part of the network work together to
manage the cost and quality of the health care provided to its
members. In fact, one of the several advantages to having an HMO
plan is that members are able to enjoy low out-of-pocket costs in
comparison to expensive, traditional health insurance plans.
When trying to explain the high cost of medical care many people
though it was because we use medical services more often as
Americans. Research shows that “we spend less time in hospitals than
Germans and see doctors less often than Canadians.” (Klein) This is
odd, because even though the above is true our medical costs are
almost double that of Germany and Canada. We pay more and get less
out of medical care.
“The United States spends more on health care than any of the other
OECD countries spend, without providing more services than the
other countries do” (Klein). This just shows that our prices for some
reason are just higher than they are in other countries. To understand
why this is we must understand why prices in other countries are
“In 2009, Americans spent $7,960 per person on health care. Our
neighbors in Canada spent $4,808. The Germans spent $4,218. The
French, $3,978” (Klein). The reason behind the lower prices in the
above countries is because their countries governments negotiate

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