Thursday, October 17, 2019
Funding Healthcare Services Assignment Example | Topics and Well Written Essays - 750 words
Funding Healthcare Services - Assignment Example It is important to denote that privatized ambulatory company aim at making profits. The insurance cover of the patients under consideration also plays a role in paying the services offered by the ambulatory company/organization (Accountability Office, 2005). The society and other non-profit making organization in the health sector also provide ambulatory services. The government can use the tax payerââ¬â¢s money to sponsor such kind of an organization. This is because they contribute in the provision of medical services, to the public, at a cheaper cost. On this basis, to increase their efficiency, the government needs to fund these organizations. Hospitals are also responsible for the provision of ambulatory services. These services can either be paid by the insurance company, or the patient under consideration, but this mostly occurs if the hospital under consideration is a private hospital (Mossialos, 2002). The ambulatory services provided by government owned hospitals should be funded by the tax payerââ¬â¢s money. This is because people, who access government hospitals, are always poor, and sometimes, they cannot afford to pay for their medical costs. Funding Services in Continuum Long Term Care: For purposes of financing services in long term care, it is important to involve all the stake holders of the health industry within the country. That is during the process of policy formulation. For example, when formulating a policy on how to finance services offered under continuum long term care, it is important to analyze the various costs that hospitals offer in the provision of such kind of services (Accountability Office, 2012). For example, it is very expensive to fund patients suffering from chronic diseases. This is because the disease takes a long period of time to treat, and the medications are very expensive. On this basis, to fund the treatment and care of such kind of diseases, it is necessary to involve the taxpayers, nongovernmental organiz ations, and insurance companies. The government needs to introduce insurance health care programs that can help to reduce the high costs of long term care (Fortinash, 2012). These health insurance programs must be funded by the taxpayers. In other words, the government needs to introduce new taxes that will fund the program under consideration. However, while increasing taxes for purposes of raising money to fund long term care, the government should be careful not to raise taxes on medical equipments, and health products that are used for purposes of providing health services in long term care. In fact, the government should reduce taxes in health care products, as this will most definitely lead to a reduction in the various costs associated with the provision health services to satisfy long term care (Levy, 2012). There is also the need of providing grants to hospitals that offer services in continuum long term care. The government and other non-governmental organizations should i dentify such health care organization, and thereafter fund them through grants. However, these grants should be attached with strict conditions that the hospital under consideration must meet. That is if they wish to continue receiving those grants from the federal government, and non-governmental
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