We'll discuss the pros and cons of every regulation under Health
It legislation -
Cures Act
- Pros - Will give more freedom to Food and drug
administration in R&D of medicines and devices and will save a
huge sum of money for pharmaceutical firms. Also, it would provide
economic benefits to most of the medical organization.
- Cons - Would cut a lion's share from Public
Health Fund
- Can also end up opening the passage for unsafe drug and device
approval
MACRA
- Pros - Emphasis more on improved and
affordable technology and outcomes of the patient.
- Provides more funding to Children’s Health Insurance Program
for families who can't afford or qualify Madicaid
- Cons - The act is inordinately complicated and
exercised immoderately fast
HITECH
- Pros - Digital records reduces human error and
improves efficiency and convenience
- Reduces paper work and space and provide better access to
patient's record
- Cons - Making records digital can eventually
led to privacy issue. Also, some technical issue can led to losing
the entire data.
- Incorrect data copying or not updating on time can make the
patient panic since he/she has also the access to it now.
Section 618 of FDASIA
- Pros - The proposed structure promote
innovation, safeguard patient welfare, protects from replicating
and adds more accountability.
- Provides mobile medical application
- Cons - Does not include risk-based
stratification (categorization of patient at high risk and low
risk)
HIPAA
- Pros - Patients can check, copy, and even
rectify their medical data.
- Forbid employers from retrieving and make use of personal
health data
- Allow patients to change jobs without panicking about their
existing health plan with the employer
- Cons - Has increased the burden of medical
paperwork
- Produced a large number of consultants bothering medical
professional with lengthy legislation
Affordable Care Act
- Pros - Health insurance is more affordable and
within reach of more people
- Preexisting health problem are also welcomed with no limit on
total bill covered.
- More money is saved in prescribed drug and screening
- Cons - Insurance companies take higher premium
and also the taxes have been raised to compensate the
difference
- People not having insurance are fined
- People losing jobs or working hours since employers ought to
provide cover health cover to their employee which hit hard on
their pocket.
Challenges that a solo practitioner might encounter during the
implementation of EHRs in order to meet the meaningful use
objectives are -
-
The products required for Electronic Health Records are very
costly and need a huge funding. At the same time, applications are
not standardized.
-
These Electronic Health Records are more complex than
paper-based records.
-
There are many risk involved in EHRs like crashing of system,
programming errors or obsolete or updation of software with
time.
-
This concept provides a better service to them to the users but
gives no benefit to the providers.
-
Privacy and security of the patient becomes vital and risky.