to extend lives for a few months exceeding financial liabilities and the costs

To extend lives for a few months exceeding financial

This preview shows page 2 out of 2 pages.

to extend lives for a few months exceeding financial liabilities and the costs never actually being paid. That is, transparency is required in other to assure patient and their love ones about the costs and responsibilities. Also, there should be a tougher law on price negotiations and drug formularies. It’s a large debate even though the cost for pharmaceuticals only account for about 10-15% of healthcare costs (Mongan, Ferris and Lee. 2008). Standardized healthcare transactions method to control cost is the government lowering cost, which will require to pay out of pocket. Finally, the other option in controlling health care costs will require the collaborative effort from the government, insurance companies, big pharmaceutical companies, physicians and even the consumers (patients). References Mongan, J., Ferris, T., Lee, T. (2008). Options for slowing the growth of health care costs. The New England Journal of Medicine, 358 (14), 1509-14. doi: Sakai Administrator (2016) POLS410 / Lessons / WEEK 4: Health Policy. Retrieved from - common/Universal/POLS/410/elf/lesson-4/elf_index.html Rushefsky, Mark E. (2013). Public policy in the united states, fifth edition . [Books24x7 version] Available from .
Image of page 2

You've reached the end of your free preview.

Want to read both pages?

  • Summer '14
  • health care costs, Ferris, Mongan

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes