Friday, October 18, 2019

Efforts at containing cost in health care Essay Example | Topics and Well Written Essays - 500 words

Efforts at containing cost in health care - Essay Example cally due to heavy expenses that are being spent on the treatment that they don’t visit hospitals or physicians who charge them a hefty amount (Robinson & Timothy, 2013). Personal health care services in the U.S are provided by State of the provider, they provide healthcare facility to the citizens of 50 states in the D.C (Kaiser Family Foundation, 2014). There are profitable as well as non-profitable hospitals, both of them have different ways of charging the patients, However, there are some approaches, one of the approach is that the insurance policies should encourage the insurance consumers to get treated from a less expensive hospital, that will make the expensive hospitals less in demand and more approachable by the general public, other than this the unnecessary costs of the pharmaceuticals should be tapered off(Weinstein & Stason, 1977). With this approach, the hospitals policy will start to be altered in the long term, it will take time and the benefits will be less expensive medicines, and more feasibility of the treatment in the hospitals for the general public. The undesirable effects of this approach will also be there, for instance, the hospital policy makers might not find it a right approach, a more professional team of health care managers will have to look into the matter, which might ultimately increase the cost of the whole process. Along with the cost reduction effect, there should also be a cost-containable effect, in which the overall cost should be consistent. The cost containment effect might lose the market value of a specific product, there is also a chance that the medical staff’s income faces a downfall, which will lead to another problem, that is, the medical professionals will be discouraged to work under low wages. The approach is feasible enough, the Govt. should look into the matter and think about the patient’s and a U.S citizen’s benefits. Reduction of overall costs can be extremely difficult as well but it should be

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