What impact will increased government involvement have on healthcare as a business opportunity?What impact will increased...

What impact will increased government involvement have on healthcare as a business opportunity?What impact will increased government involvement have on healthcare as a business opportunity?

Where do you see a potential for growth in the health sector?

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Expert Solution

The impact that increased government involvement have on healthcare as a business opportunity are as follows:

For small businesses there are tax credits to cover premiums and insurance has become more affordable for employees and organizations.
Many employers will subject to penalties who do not qualify for the coverage. Acts such as House Reconciliation Act and The Patient Protection Act has altered the healthcare system for the business at wide range.
There is a continuous increment expected in the healthcare cost and there are no approaches to control this increasing cost.

A potential for growth in the health sector includes the following:

Biotech: Biotech offers a secure growth for a healthcare sector by providing defensive characteristics.
Managed Care: There is shift in the trend from fee-for-service to fee-for-value. Managed care also gets benefitted from the changes in the drug pricing.

keosha answered 1 year ago

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