Article Review – Week 6
I I I I
HSM 544- Health Policy and Economics
I I I I I
Keller Graduate School of Management
I I I I I
Professor NAME HERE
I I
Prepared by: NAME HERE
I I I I
DATE
I
, Introduction
The Iintervention Iof Ithe IGovernment Iin Ithe IHealthcare IMarket
Article: IGovernment IIntervention Iinto Ithe IHealth ICare IIndustry Iby IJeremiah IR IGrosse
January I19th, I2011.
I
From Ithe Ionset, Ithe IUnited IStates Igovernment Ihas Ialways Ibeen Iinvolved Iin Ithe Ihealthcare
industry, Ioffering Idiverse Isolutions Iand Iprograms Ito Icitizens Iin Ian Ieffort Ito Ideliver Ihealthcare
I
coverage Ifor Ithe Ielderly Ifolks Ias Iwell Ias Ithe Icitizen’s Iwhose Iincome Iare Ion Ithe Ilow Iside.
I
In I1865, Ithe IMedicare Iprogram Iwhich Iis Ia Igovernment Ifunded Iprogram, Igot Iformed Iand Iit
covered Ithe IAmericans Iwho Iwere I56 Iyears Iof Iage Iand Iover Iwith Ihealth Iinsurance, Iproviding Ithem
I
their Imedical Ineeds Ias Inecessary. IBefore Ithe IMedicare Igovernment Ifunded Iprogram Iwas
I
established, Imultiple Iprivate Iinsurance Icompanies Iwere Iin Iexistence Iand Ithey Iwere Iproviding
I
I most Ihealthcare Icoverage Ifor IAmericans Ithat Iwere Iover Ithe Iage Iof I65 Iyears Iand Iwho Itruly Ican
afford Ipaying.
I
Article Ireview:
This Iarticle Imainly Idiscusses Ia Iprincipal Iproblem, Iand Iwhich Iis Iactually Ithe Iconstant
I increase Iin Imedical Icosts Ifor Ihealthcare Iservices. IIt Idoes Inot Ipredominantly Istate Ione Ifactor
affecting Irising Icosts, Inevertheless Imultiple Ifactors Iare Iseen Ito Ibe Iaffecting Ithe Irising Icost, Iand Iin
I
this Iarticle Ireview, Ithis Iaspect Iwill Ibe Idiscussed Ibelow.
I
The Iconstant Irising Iof Imedical Icost Iis Iaddressed Iin Ithe Iarticle Imainly Ibecause Ipolicy
writers Iare Ithose Iwho Iare Imostly Iinterested Iin Igetting Ia Iprofit Iout Iof Ithe Ihealthcare Iinsurance
I
I industry, Iirrespective Iof Ithe Ifact Ithat Ithese Iprograms Iare Imanaged Iby IMedicare Ior Inot. IThis Ithen
leads Ito Ithe Iother Icore Ifactor Iof Icontinual Iincrease Iin Imedical Icosts Iand Ithat Iis Ithe Ihuge
I
I I I I
HSM 544- Health Policy and Economics
I I I I I
Keller Graduate School of Management
I I I I I
Professor NAME HERE
I I
Prepared by: NAME HERE
I I I I
DATE
I
, Introduction
The Iintervention Iof Ithe IGovernment Iin Ithe IHealthcare IMarket
Article: IGovernment IIntervention Iinto Ithe IHealth ICare IIndustry Iby IJeremiah IR IGrosse
January I19th, I2011.
I
From Ithe Ionset, Ithe IUnited IStates Igovernment Ihas Ialways Ibeen Iinvolved Iin Ithe Ihealthcare
industry, Ioffering Idiverse Isolutions Iand Iprograms Ito Icitizens Iin Ian Ieffort Ito Ideliver Ihealthcare
I
coverage Ifor Ithe Ielderly Ifolks Ias Iwell Ias Ithe Icitizen’s Iwhose Iincome Iare Ion Ithe Ilow Iside.
I
In I1865, Ithe IMedicare Iprogram Iwhich Iis Ia Igovernment Ifunded Iprogram, Igot Iformed Iand Iit
covered Ithe IAmericans Iwho Iwere I56 Iyears Iof Iage Iand Iover Iwith Ihealth Iinsurance, Iproviding Ithem
I
their Imedical Ineeds Ias Inecessary. IBefore Ithe IMedicare Igovernment Ifunded Iprogram Iwas
I
established, Imultiple Iprivate Iinsurance Icompanies Iwere Iin Iexistence Iand Ithey Iwere Iproviding
I
I most Ihealthcare Icoverage Ifor IAmericans Ithat Iwere Iover Ithe Iage Iof I65 Iyears Iand Iwho Itruly Ican
afford Ipaying.
I
Article Ireview:
This Iarticle Imainly Idiscusses Ia Iprincipal Iproblem, Iand Iwhich Iis Iactually Ithe Iconstant
I increase Iin Imedical Icosts Ifor Ihealthcare Iservices. IIt Idoes Inot Ipredominantly Istate Ione Ifactor
affecting Irising Icosts, Inevertheless Imultiple Ifactors Iare Iseen Ito Ibe Iaffecting Ithe Irising Icost, Iand Iin
I
this Iarticle Ireview, Ithis Iaspect Iwill Ibe Idiscussed Ibelow.
I
The Iconstant Irising Iof Imedical Icost Iis Iaddressed Iin Ithe Iarticle Imainly Ibecause Ipolicy
writers Iare Ithose Iwho Iare Imostly Iinterested Iin Igetting Ia Iprofit Iout Iof Ithe Ihealthcare Iinsurance
I
I industry, Iirrespective Iof Ithe Ifact Ithat Ithese Iprograms Iare Imanaged Iby IMedicare Ior Inot. IThis Ithen
leads Ito Ithe Iother Icore Ifactor Iof Icontinual Iincrease Iin Imedical Icosts Iand Ithat Iis Ithe Ihuge
I
