Question

In: Operations Management

Many physicians feel stifled by insurance companies’ financialrestrictions when practicing medicine. Many doctors have openly...

Many physicians feel stifled by insurance companies’ financial restrictions when practicing medicine. Many doctors have openly expressed their frustration with the current system and feel it has been hijacked by insurance companies that care about profit instead of patients. Thinking about your own experiences with health insurance companies, do you think that they should have more control over patients’ health than their doctors? Why, or why not? What do you think should be done to protect patients, support doctors, and control rapidly increasing costs? What are some experiences you have had with these kind of doctor-versus-insurance-company situations?

Solutions

Expert Solution

According to medical ethics, patients health is important than any other things. Recently the insurance companies are taking over the patients cost to the hospital. In my opinion, health care insurances are beneficial to some patients in a highly facilitated hospital. Because better treatment will get only from better-occupied hospitals. But the cost or expenses will be very high, some times which cannot be affordable to the patients.

Some another way the cost of each hospital is very high and the insurance companies will take benefits from that also. For protecting patients we should take care of their health other than any things and support them to afford the treatment cost also. Doctors and patients are important according to a hospital because the doctors are the GOD 's had to their patients.

MEASURES TO CONTROL COST

  • Government policies towards medical equipment and medicines.
  • Tax cutting and Tariff cutting or reduction.
  • Reduction in the cost of necessary medicines.
  • Reduction the medicines rate for diseases like a tumor, and other death-causing medicines.

Doctors salaries are decided with respect to the hospital profits also, then the patients are satisfied with the better treatment, but the only change is lower class families are not getting the better treatment due to these high costs.


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