Consumer Driven Health care
Health insurance, unpredictable costs of surgeries, hospitalizations, or rehabilitation services can erode the base of savings many have counted on for their retirement years. It is not uncommon for uninsured and underinsured people to be driven into personal bankruptcy. A recent study of 1,771 bankruptcy filers found that 50 percent cited medical causes for their financial plight (Himmelstein, Warren, Thorne, & Woolhandler, 2005).
Feeling the squeeze of health insurance premium costs on their profits, U.S. businesses increasingly look to cost sharing with their employees to maintain their dominant status in a highly competitive global marketplace. Some industries, such as steel and car manufacturing, have worked collaboratively with workers to moderate labor costs and increase productivity quite substantially over the past two decades
Enthusiasm for fundamental health care reform is not surprising given the recent confluence of economic and political factors. Spiraling employee health care costs are increasingly seen as a major cause for the flagging profits of some U.S. companies. The evidence for out-of-control spending on health care services in the United StatesUnited States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.
Health care in the United States is provided by many separate legal entities. The U.S. spends more on health care, both as a proportion of gross domestic product (GDP) and on a per-capita basis, than any other nation in the world. Current estimates put U.S.
Philosophically, many advocates of consumer-driven health care believe that health care costs are out of control because most Americans are too generously insured (Cannon, 2005; Jost & Hall, 2005; Turner, 2007).They argue that removing controls that currently limit consumer choices of providers and services will result in competition and innovations that will improve overall value (Galvin, 2007). Proponents of HSAs call for increasing patient sensitivity to cost and quality issues by having them spend more of their own money on health care. Under this line of reasoning Noun 1. line of reasoning - a course of reasoning aimed at demonstrating a truth or falsehood; the methodical process of logical reasoning; "I can't follow your line of reasoning"
logical argument, argumentation, argument, line, Americans are seen as likely to make health care purchasing decisions as they make other economic decisions--that is, on the basis of their personal preferences for certain goods and servicesIn economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utilit
Feeling the squeeze of health insurance premium costs on their profits, U.S. businesses increasingly look to cost sharing with their employees to maintain their dominant status in a highly competitive global marketplace. Some industries, such as steel and car manufacturing, have worked collaboratively with workers to moderate labor costs and increase productivity quite substantially over the past two decades
Enthusiasm for fundamental health care reform is not surprising given the recent confluence of economic and political factors. Spiraling employee health care costs are increasingly seen as a major cause for the flagging profits of some U.S. companies. The evidence for out-of-control spending on health care services in the United StatesUnited States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.
Health care in the United States is provided by many separate legal entities. The U.S. spends more on health care, both as a proportion of gross domestic product (GDP) and on a per-capita basis, than any other nation in the world. Current estimates put U.S.
Philosophically, many advocates of consumer-driven health care believe that health care costs are out of control because most Americans are too generously insured (Cannon, 2005; Jost & Hall, 2005; Turner, 2007).They argue that removing controls that currently limit consumer choices of providers and services will result in competition and innovations that will improve overall value (Galvin, 2007). Proponents of HSAs call for increasing patient sensitivity to cost and quality issues by having them spend more of their own money on health care. Under this line of reasoning Noun 1. line of reasoning - a course of reasoning aimed at demonstrating a truth or falsehood; the methodical process of logical reasoning; "I can't follow your line of reasoning"
logical argument, argumentation, argument, line, Americans are seen as likely to make health care purchasing decisions as they make other economic decisions--that is, on the basis of their personal preferences for certain goods and servicesIn economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utilit
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