Question

In: Finance

Make the business case why healthcare providers should advocate for expansion of insurance coverage for the...

Make the business case why healthcare providers should advocate for expansion of insurance coverage for the poor. ( No plagiarism please ) 150 words essay

Solutions

Expert Solution

Answer -

The primary necessity for any individual is to get proper treatement when he/she suffers from any disease. The healthcare providers who collect high premiums from an individual to support when need arises should allocate the facility to the insurance coverage to the underprivileged and poor with low or no premiums. There are lot of poor people who lose lives because they cannot afford treatment for the ailments and diseases that require high treatment costs.

The insurance healthcare provides should set a slab and low premiums for poor and also cover them in the ambit of insurance coverage for healthcare. All the individuals should be accountable and be responsible for the wellbeing of all the humans irrespective of the financial status of the people.

The healthcare insurance coverage companies have also a Corporate social responsibility (CSR) allocation fund which can be set aside along with the low premiums that can used for health coverage of the poor. The health of any individual is of primary importance and any one suffering from any ailment should be treated with utmost care and healthcare insurance companies can play pivotal role in this initiative.


Related Solutions

Patients will often look to healthcare providers for information healthcare plans, coverage, and options. Understanding and...
Patients will often look to healthcare providers for information healthcare plans, coverage, and options. Understanding and being able to communicate this information to patients is an important part of working in the healthcare field. Practice making recommendations in this discussion. There are three patients: Joe, Scott, and Steve. Joe is 42, relatively healthy, and was a member of the Army for 20 years. Scott is 67 and suffers from chronic bronchitis. Steve is 25 and is battling stage 2 cancer....
Why should healthcare providers assess patients for their cultural identities and factors related to the ethnic...
Why should healthcare providers assess patients for their cultural identities and factors related to the ethnic blurring, as seen with the American “melting pot” phenomenon?
Why are healthcare providers do not know the resources in their area?
Why are healthcare providers do not know the resources in their area?
An insurance rate ​is the price charged for each unit of insurance coverage. ​should be sufficient...
An insurance rate ​is the price charged for each unit of insurance coverage. ​should be sufficient to provide coverage for that applicant. ​represents the average cost of providing coverage to various groups of insureds. ​All of these.
. 6. Present an insurance coverage plan for your small business. What coverage is needed, and...
. 6. Present an insurance coverage plan for your small business. What coverage is needed, and how much will each plan cost? Respond in question-answer format. Reference shall be provided when outside resources are used in your work.
To fund the expansion of health insurance coverage of children, Governor Kulongoski proposed an 84.5 cents...
To fund the expansion of health insurance coverage of children, Governor Kulongoski proposed an 84.5 cents per package increase in the state’s cigarette tax. What was the result? a. The measure was revised to be a 1% health insurance assessment on the state’s 26 largest hospitals and eight largest health insurance companies, which failed to pass because of the opposition of the hospitals and insurers. b. Democrats held a three-fifths supermajority in the legislature and enacted the tax increase. c....
Defend why should healthcare insurance be available to all U.S. citizens on an equal basis.
Defend why should healthcare insurance be available to all U.S. citizens on an equal basis.
1 Price discrimination is common in healthcare. Discuss why most healthcare providers are able to charge...
1 Price discrimination is common in healthcare. Discuss why most healthcare providers are able to charge different groups of consumers different prices for the same products. 2 Assuming that you are the manager of a not-for-profit hospital in a competitive market and decide to charge your consumers less than the profit-making price, discuss what effect this decision will have on your profit and on your career? 3 According to you what is the best incentive method for healthcare providers, keeping...
Medical coding and billing is a significant element that benefits; health insurance companies, healthcare providers and...
Medical coding and billing is a significant element that benefits; health insurance companies, healthcare providers and institutions, patients, and public health. Explore the benefits of these four areas.
why should healthcare be free?
why should healthcare be free?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT