Current Issues with Health Care Costs Essay

Health c atomic number 18 consumption in the U.S. continues to soar to unsustainable levels. at that place ar many strategies and views on ways to contain puff upness direction price, maculation improving the efficiency and quality of health sh ar. Hospital run, physician services, prescription(prenominal) drugs and technology/medical innovation and the aging existence are areas that crusade the high cost of health caveat creating an unaffordable dilemma for consumers and employers.(Cowen & Moorhead, 2011) Uninsured individuals who are unable to afford health insurance are less likely to coordinate their cope allotly, leading to poor health outcomes. The aging of the population and the rising cost of health care would ca manipulation spending on the major health care programs and Social Security to grow from more than than 10 share of GDP today to almost 16 percent of GDP 25 years from now. That combined sum up is equivalent to to the highest degree $850 billion today. (Congressional Budget Office, 2012)The aging of the baby boomer multiplication will arouse an impact on federal spending as well as health care costs. (Congressional Budget Office, 2012) development in longevity due to medical advances and technology are a agentive role in spending growth increases. (Henderson, 2012) The second largest segment of U.S. health care spending is on physician services. (Cowen & Moorhead, 2011) Providers are paid for services rather than patient outcome. This creates little incentive to coordinate patient care with other specialist. A large portion of the aging population has denary chronic conditions which would benefit from rectify coordination of care. (White, 2010) With the shortage in primary election care doctors and the aging baby boomer generation consuming more care, costs for physicians services will likely increase. A new model of primary care called the patient centered medical home provides better coordination of care, function s demean cost and improve patient satisfaction. (Henderson, 2012) Hospital services account for whiz of the largest drivers of health care spending.Shortage ofnursing staff is one factor which influences increased wages, as well as the decrease in honorarium from the Medicare population. (Cowen & Moorhead, 2011) Those costs and differences in reduction of payments are then shifted over to consumers and payers. With the increase in the baby boomer generation, the federal government will assume to manage the extra services organism utilized through Medicare with an strain to find ways to reduce payments to hospitals. (Congressional Budget Office, 2012) New and better drugs will help benefit health but may cost more. Prescription drugs are advertised on television each day. Patients are more educated on the drugs employ for their conditions and are likely to supplicate from their physician these highly advertised drugs they feel may benefit them. numerous physicians are likely t o give into the demands of their patients requests leading to more costly medications used that could be avoided. Advancing technology undersurface positively or negatively impact health care costs. Many times over use of technology, especially when on that point is a less costly alternative can increase health care costs. On the other hand, new technological advances in data collection for a personal health picture can be utilized to coordinate care, promoting better quality of care resulting in improved health outcomes and cost savings. (Cowen & Moorhead, 2011) unhealthiness management, Health savings accounts and Retail clinics are just a few of the solutions put forwarded to consumers to help cost. Disease management is offered by many health insurance companies for their members with chronic health conditions such as diabetes, congestive heart failure, asthma and coronary artery disease. prevails educate the members on their health conditions and help set health goals t o help prevent hospitalizations and improve health outcomes. Studies, however, do not suggest this is a proven cost saving strategy. (Cowen & Moorhead, 2011) Health savings accounts allow passel to have more control over how their money is spent. Pretax contributions are laid into the account and money can be deducted to pay for medical expenses. in that location is hope that the HSA will encourage people to focus on rase cost services. Retail Clinics are a creative way to offer routine care in private stores, in large bonds and grocery stores. This is a growing trend with health care being provided by a physician assistant or a give suck practitioner. Care is often more affordable and attractive for those uninsured individuals. (Cowen & Moorhead, 2011) care for in the future may expand to become more concentrate on the role of the primary care provider. With the shortage of primary care physicians states should consider easing the scope of practice restrictions. Nurse practit ioners can effect the role of primary care services just as well and effective as physicians do. There are many factors involved in health care costs that the government and private sector must(prenominal) come together in a coordinated effort to improve. There is no single solution to solving the health care spending dilemma. All of the drivers of health care cost must be turn to in any reform or cost control discussion. understanding Honesty CertificationI certify that this assignment is presented as exclusively my own intellectual work. Any words and/or ideas from other sources (e.g. printed exits, earnings sites, electronic media, other individuals, groups, or organizations) have been properly indicated using the appropriate scholarly citation style required by the department or College.I have not submitted this assignment in its entirety to pander the requirements of any other course. Any parts of this assignment from other courses have been discussed thoroughly with the faculty member before this submission so that there is an understanding that I have used some of this work in a prior assignment.ReferencesCowen, PhD, RN, P. S., & Moorhead, PhD, RN, S. (2011). Controlling Health Care costs balancing Public and Private Solutions. In J. W. York, & M. M. Gibson (Eds.), Current Issues in breast feeding (8th ed., pp. 424-437). The University of Iowa Hassmiller, PhD, RN, FAAN, S. (2010, September). Nursings role in health care reform. American Nurse Today, 5(9). Henderson, S. (2012, December 1). The Patient-Centered Medical Home. The American journal of nursing, 112(12), 54. The 2012 Long-Term Budget Outlook. (2012). Retrieved from www.cbo.gov/publication/43288 White, B. (2010, 5/1). How Health Care Reform Will Affect Family Physicians. Family lend oneself Management, 17(3), 14.