Question

In: Economics

Research the major issues facing healthcare leaders, and discuss the impact they present on healthcare financial...

Research the major issues facing healthcare leaders, and discuss the impact they present on healthcare financial management over the next five years.

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Expert Solution

The health care environment of United States is one of the largest and most complex in the entire globe. The health care structure sector in the United States consists of an array of hospitals, clinicians, and other health care facilities, numerous insurance plans, and buyers of health care services, all the segment operating in numerous configurations of groups, networks, and independent practices. Under new health care plan, as proposed by Trump, it would includes a ban on annual and lifetime limits thus allowing kids to stay on their parents’ plans until they attain the age of 26, and requiring insurance plans to offer coverage to all patients regardless of how sick they are. The replacement healthcare plan would be more costly to poor and older people. The proposal introduced by Republicans would allow insurance companies to charge higher premium from older adults five times what they charge the young. It is helpful the young and penalizing the elderly

In the next five years government efforts will be "fixing" the health care environment system and reducing health care costs with the creation of transparency in pricing, increased competition and elimination of redundancies or ineffective regulatory practices. With this customer-centric approach without compromising safety in the health care environment will be significantly beneficial to the patients.


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