The major payers in private healthcare (other than government programs) are employers, and this has been true since the inception of health insurance programs. There are several reasons why this is so, but one of the main reasons is employees are a defined risk pool based on the work performed for the company. Healthcare insurance companies are able to predict the financial risk (as in an experience rating) taken by the type of employees. If, for instance, the work is dangerous or injury prone, such as direct care in a nursing facility, then the cost to insure that group would be higher than for employees working at a telecommunications office. Government healthcare programs, such as Medicare and Medicaid, do not measure the cost of healthcare by the experience ratings. Based on your understanding of the topic, answer the following: Can programs like Medicare and Medicaid adopt such methods to defray costs?If yes, how would they implement such methods?If no, what suggestions would you make to defray costs? Most of those receiving Medicare and Medicaid benefits are not employed. How the recipients of these programs be categorized into different risk pools? Explain. The aging population is a force in healthcare continuing to have a dramatic effect on the direction of healthcare services. Many have discussed the aging population as the reason for the rising cost of healthcare. The pre- and baby-boomer generation (1946-65) were less knowledgeable and informed regarding the health risks and, therefore, engaged in risky behaviours that increased their susceptibility to chronic healthcare issues later in life.
You can trust us
We are confident, the best writing service, and we will deliver a high-quality homework to you. If your homework is not of the standard you ordered, your next task comes discounted. One-time only for each purchased work)
Submityourhomework.com is a company that’s driven more to academic excellence than monetary gains. This is why our rates are always low and affordable to all. Our aim is to reach out to as many college students as possible.
Submit a written request and our customer service team will reply back to you as quickly as possible (usually within 10 minutes).
Phone: +1(805) 568 7317