United States Healthcare crisis..docx - Surname 1 Course...

This preview shows page 1 - 3 out of 10 pages.

Course Professor Date United States Healthcare crisis.A recent article outlined in the guardian release outlines how Covid-19 pandemic reflectson the dire situation of the United States Healthcare system. National statistics indicate theUnited States of America recording the highest rate of Covid-19 cases and death. Confirmedcases range up to 7milllion while death rates at 240,000 people. In comparison to nations such asRussia, the United States has a 4% chance of Covid-19 death to 2% death rate in Russia. Theoccurrence of the Covid-19 pandemic hit an already weak health system. Resulting in the highestworldwide death toll in the United States of America.Covid-19 pandemic death rate further acts to illustrate the inefficiency of the UnitedStates health care systems. Health care system relies on elements of; structure, funding, economystate, insurance and human resource to operate effectively. Current challenges experiencedillustrate failure in the essential aspects of the health care system. United States Healthcare system structure entails two key aspects; insurance andhospitals. Each citizen pays for medical insurance cover packages tired to employment contracts.Also, to gain more capital, the government provides funding. Both federal and state governmentscontribute towards financing of medical institutions. In 2018, money spent on the health caresystem ranged up to $3.8 trillion (Bindman, Andrew, Peter, Pronovost, and Asch 119). Even withsuch massive spending in health care alone, costs of medical services in America remain high.High costs of medical services translate to necessary operational inputs. For instance,Surname 1
pharmaceutical companies providing medicine are mostly privately owned with limitedrestrictions. As such, store prices for drugs are set high without any corrective action undertakenby the government. An incompatible health care insurance program, exposes most uninsuredindividuals to Covid-19 related deaths. Amount of capital reimbursed to hospitals relies on a fee for service model. Treatment ofCovid-19 incurs substantial costs, utilizing the fee for service model implies higher costs.Hospitals charged patients for different tests and services delivered. Based on the number oftests, final costs depend on quantity rather than quality (Bindman, Andrew, Peter, Pronovost, andAsch 155). Federal government exist to formulate and control healthcare provision.Reimbursement modes chosen by hospitals should offer pricing based on quality. Medicalinstitutions are slowly changing from fee for service model to value-based reimbursement.Health system tasked with dictating aspects of reimbursement in hospitals. Health care systemstructure provides loopholes such as in refund and supply costing. Failure by the government toput in place measures of control in supplies cases hiked pricing without justifiable causes. Again,selection of reimbursement modes saves much of high costs complaints by patients. Costs in

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture