The Health Care Economic Impact - 1559 Words

The Health Care Economic Impact Alzheimer’s disease affects an astounding number of people in the U.S and majority of those are senior citizens, which has a significant impact on the economics of the health care system. Many people over 65 use Medicare insurance to pay for their Alzheimer’s expenses, and some use Medicaid, which puts the cost on the health care economy even higher. In 2015, the direct costs to American society of caring for those with Alzheimer s specifically, will total an estimated 226 billion dollars, with half of the costs paid by Medicare (Alzheimer’s Association, 2015). Included in these costs are expensive diagnostic testing, psychological evaluations, treatment and maintenance, nursing care, medications and long-term care facilities. In addition to the necessary cost involved in caring for the patients, millions of dollars are put forth for research of this disease, because Scientists are still working on a cure. By 2050, the number of people age 65 and older with Alzhe imer s disease may nearly triple, from 5.1 million to a projected 13.8 million, without the development of medical breakthroughs to prevent or cure the disease (Alzheimer’s Association, 2015). The Role of the Nurse Nurses care for patients with Alzheimer’s disease in many different ways, particularly in a long-term care setting, although hospital staff Nurses work directly with the disease as well. It is most important that Nurses understand what Alzheimer’s disease is, the signsShow MoreRelatedEvaluate The Impact Technological Changes Have Had On The Economics Of Health Care868 Words   |  3 Pagesï » ¿Evaluate the impact technological changes have had on the economics of health care and what these changes mean to the health care industry, addressing at least two (2) changes. There are a myriad of disruptive technologies impacting the economics of healthcare today. Two of the most disruptive in terms of re-ordering capital expense (CAPEX) spending are cloud computings impact on medical records management (Corredor, Martà ­nez, Familiar, 2011) and telemedicine administered remotely over the InternetRead MoreU.s. Healthcare Systems Of The United States1185 Words   |  5 Pagesout with many religious groups that wanted to help those in need. This form of care for the people of this country has grown to a healthcare system that accounts for 3.2 trillion dollars of the nation’s gross domestic products (CMS (2016). This staggering number has grown each year and clearly shows the impact that it can have on the economy. As the years have passed by, so has the political landscape. The Affordable Care Act (ACA) was signed into law by President Barack Obama on March 23, 2010 withRead MoreHcs/440 Individual Essay755 Words   |  4 PagesEconomic Terms and Health Care History Amber Rainwater HCS/440 Economics: The History of Health Care February 26, 2012 Health Care History Throughout the history of the United States, the economics of the health care system has experienced many changes. There are many factors to consider that has been the drive behind many of the changes within the health care system. Medical and surgical technologies are some factors that relate to the changes in health care. Besides these factors, allocatingRead MoreHealth Care Reform : The Affordable Care Act Essay1181 Words   |  5 PagesHealth Care Reform Overview In 2010, President Obama signed the Affordable Care Act (ACA) which puts into place health insurance reform with the purpose of providing health care access to those who are uninsured and underinsured. The goals of the law are to make health care affordable, accessible and higher quality. In 2013, open enrollment began and now that three years have passed, it is a good time to evaluate how this law impacts Ohioans (U.S. Department of Health and Human Services, 2014-a)Read MoreTechnology and Health Care Hcs 531 Essay1720 Words   |  7 PagesRunning head: E-HEALTH 1 E-Health HCS 531 E-HEALTH 2 Abstract E-health combines technology with health care. The use of this new and emerging technology allows the delivery of health care to take the form of e-visits, online patient charting, patientRead MoreImplications Of Health Economic Concepts Of Health Care.1313 Words   |  6 PagesImplications of Health Economic Concepts of Health Care Healthcare is an industry that encompasses various factors to ensure that it’s operating efficiently. Health care professionals have an obligation to comprehend the role that health economics plays in regards to the demand and utilization of health care. The government plays an enormous part in areas such as financing and the delivery of care; therefore, the organization’s decision maker must learn the economic functions and its benefits toRead MoreCause and Effect of Chronic Disease and Its Impact in the United States1186 Words   |  5 Pageseffect of chronic disease and its impact in the United States ********* **** Techniques 1 – Week 3 ****** ****** – Student ID: ******* Instructor: ******* ***** April 18, 2010 The United States is experiencing an unsustainable disease burden; 130 million people today suffer from chronic diseases, taking a tremendous toll on individuals, families, and communities. In addition to lives lost and quality of life lost, we are also a nation in crisis, an economic crisis. We spend over $2 trillionRead MoreDomestic Factors: Insurance Companies Essays1131 Words   |  5 Pagesproblematic concerns of nature pertaining to health care that are unforeseen and all may possibly not be addressed by government, privatization or through subsidies. The nature of the issue is that countless individuals in society are deficient or without any accessibility to health care and insurance coverage. Since the expenses of health care are encumbering patients’ capabilities to afford medical treatment and management. Asymmetric information affects the health care and insurance market because thoseRead MoreImpact Of Insurance On The Health Insurance Market1547 Words   |   7 PagesImpact of employer-provided health insurance on the health insurance market Introduction Health insurance has been a topic of discussion lately due to its impact on the nation s health status. Recently, President Obama passed the health insurance reform so as to facilitate the accessibility of health to the majority of the US citizens including the uninsured. In the US most of the organizations both private and public have provided a medical cover for their employees and this paper will discussRead MoreInfluences on the Health of a Community1152 Words   |  5 PagesInfluences on the Health of a Community The health of a community is influenced by many factors including the social, cultural, and ethnic mix of the community, varying individual belief and moral systems, and the impact of political and economic factors to name a few. Strong social community associations, affiliations, and ties, within the interior of the community also influence the overall health of the community collective. Additional influences are the actual physical environment, surroundings