Essays on Cost Containment

Cost-containing strategies used by the U.S.A The rising cost of healthcare continues to claim a large portion of the United States of America's budget leading to the introduction of cost-containing strategies. One of the costs-containing strategies used by the U.S. health sector is the price option strategy. The price option aims at controlling the amount of money paid to the provider. For example, the introduction of Medicaid and Medicare programs that control the cost of delivering care by reducing the number of allowances paid to providers. Second, the U.S. health sector utilizes the quantity option strategy to contain high ...

Should prisons be privatized?

Prison privatization is sustained by claims that facilities that are privately operated are cost effective at ensuring the provision of services compared to public institutions. Other evidence show that this assertion is not supported while others do. In addition, when turned into a for-profit industry, a few challenges will accompany incarceration centers. The following points argue for and against prison privatization Fiscal savings through cost containment: People who support private prisons assert that the private sector is saving the available resources through great efficiencies. Safety and services: Advocates claim that prison privatization has been successful in other industries with ...

Abstract

The current government has consistently been trying to reduce the costs of healthcare and at the same time improve its quality. This paper focuses on the current state of healthcare through an extensive research on the population. The research uses a cross sectional design to collect data and come up with relevant conclusions. The research project aimed at using a homogenous population to come up with accurate results. Such a population involves participants who have the same knowledge about the subject. Such participants are easily obtained through a referral process where one participant refers another. A total of 50 ...

1. Introduction The health care expenditures in the United States are one of the highest among the developed countries. The studies and researches done on the topic of growing expenditures are showing the need to change the health care expenditures by introducing new policies in order to keep the health care system sustainable in the future. With the ageing population and the Medicare and Medicaid health programs the expenditures are rising and are predicted to grow beyond the governmental budget capabilities in the near future. The paper will examine the reasons for the high costs of the health care ...

Abstract

The transformation of the Primary Care Practices (PCP) into The Patient- Centered Medical Home (PCMH) model is expected to improve patient’s care, comprising even the ones with complex needs. According to Rich et.al (2012), PCMH is expected to reduce the risks associated with fragmented care and poor outcomes. The paper will also address factors as whether or not patient health care needs and even preferences are being met, whether the care is appropriate for the illness, timeliness, and procedures involved. Moreover, it will comprehensively address the state of provider contracting and its direction in the future. Nonetheless, the ...