The Convergence of Healthcare Financing and Economic Trends and Forces


The Convergence of Healthcare Financing and Economic Trends
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Abstract
Healthcare financing and funding is critical in the U.S. With millions of citizens to cater for, the healthcare financing faces a myriad of challenges to attain the maximum cost demands. The U.S. healthcare delivery has continuously intensified regarding costs with the increase in the number of diseases and healthcare needs expected to cater for in a growing population across the country. Thus, apply three (3) critical models to finances the healthcare delivery system including; (a.) Employee-based Model, (b.) Government-based Model, and (c.) Individual-based Model. The presentation covers the key economic goals and factors that influence their success potential by the population covered, reimbursement strategies, economic competition policies, financial arrangements, and services included in the insurance plans. The presentation finds it fundamental to assess the effects of labor, insurance, and competitive markets and how they affect health delivery in the United States.

The Convergence of Healthcare Financing and Economic Trends
The presentation finds the improvement of the current initiatives, policies, and regulations is fundamental in – Medicare, Medicaid, Antitrust Enforcement, and Improvement of Individual and Employer Insurance Markets. The overall reform and improvement of existing healthcare policies are fundamental to enhance the deficits of the policies to ensure the optimum benefit in the society (Vogenberg & Santili, 2018).

Also, critical reforms in cost savings and effectiveness in healthcare regulations are fundamental to streamline the challenges exhibited by poor coordination of private companies, insurance companies, and healthcare facilities to ensure the patients access the best services.
As well, government reforms are significant to streamline its operations and funding approach to healthcare provision. This goes hand in hand with improvement of political will to implement the adopted reforms. The political will is fundamental to the future healthcare provision by ascertaining the collaboration and cooperation of Republicans and Democrats to ensure the best health policies are passed and adopted by the government. Furthermore, long-term healthcare savings strategies are critical to enhancing government spending on healthcare (Vogenberg & Santili, 2018).
Therefore, best care can be attained through effective management of care organizations, funds, and finances acquired through the scheme. The health financing and funding through public and private health insurance covers are critical for better health services. Increased competition for both insurance companies and healthcare facilities is fundamental to ensure the customers attain the best services possible. The extensive government measures and policy reforms are fundamental to improve healthcare insurance coverage and commitment of American citizens ensuring the required funds are attained and serve the intended purposes.
References
Vogenberg, F. R., & Santilli, J. (2018). Healthcare Trends for 2018. American health & drug benefits, 11(1), 48.