Discuss the following statement: “Health care costs are out of control in the United States, and increasing conflicts between employers and employees are likely as employers try to reduce their health benefits costs.
Your discussion is to be submitted in 12-point Times New Roman font using APA format with a minimum of two sources. Your primary post is due Wednesday by 11:59pm.
1st student response :(Supraja)
We all know that health care costs are climbing sky high in the united states and is at the brink of a huge crisis. The companies in the united states offer health care as benefit to the employees by paying the percentage of the health care leaving the rest to be paid by the employees.With the increase in the prices, it implies that the employers are now mandated to pay the huge amount.To avoid all these issues with the health care , there are few employers who do not even provide the health care benefits to the employees.From the current estimates based on the statistics it is predicted that the companies need to shell out 6.5% more to be able to afford health care to the employees.The employers have tried to handle this situation by making the employees pay more premium and also by limiting the insurances to very few which basically takes away the choice.This have in all resulted in increase in the amounts being paid for the health care but not the incomes of the employees. The employees are struggling to choose a better plan and often choose individual plans outside the employer if they are paying as much premium as the flexible plans.
References:
York JW, Lepore MR, Opelka FG, et al. A decade of decline: An analysis of Medicare reimbursement for vascular surgical procedures. Ann Vasc Surg 16(1):115–20. 2002.
Rice, Thomas & Rosenau, Pauline & Unruh, Lynn & Barnes, Andrew & Saltman, Richard & Van Ginneken, Ewout. (2013). United States of America: health system review. Health systems in transition. 15. 1-431.
2nd student response : (sudheer)
Employee health are relied upon to have an expansion in expense by five percent in 2020. Huge organizations are available to thoughts being talked about in Washington. One of these thoughts is passing medication value limits straightforwardly onto the laborers. Likewise, bigger organizations are increasingly open to the administration controlling wellbeing costs more, including growing Medicaid. Around 60% of businesses’ arrangement to pass pharmaceutical limits down to laborers by 2022.This can bring about greater expense sharing premiums. In any case, it may likewise bring down over the counter expenses for remedies. Most businesses end up spread around 70% of wellbeing costs, which leaves representatives to cover around $4,400 in premiums and out-of-pocket costs. Wellbeing expenses have been rising twofold the measure of compensation raises and triple the measure of expansion. This expense is excessively high and will be exorbitant for a great many people. Numerous individuals battle all things considered, raising the expense of indispensable health care and medicinal services as a rule is unreasonably costly for our present population. Individuals have passed on in light of the fact that they can’t bear the cost of medication, for example, insulin. The fundamental kinds of benefits offered by employers are buyer coordinated wellbeing plans direct contracting, telehealth (virtual consideration), sedate refunds, and co-pay help programs.
References
Miller, S. (2019, August 16). For 2019, Employers Adjust Health Benefits as Costs Near $15,000 per Employee. Retrieved from https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/employers-adjust-health-benefits-for-2019.aspx
Viswanathan, M., Golin, C. E., Jones, C. D., Ashok, M., Blalock, S. J., Wines, R. C., & Lohr, K. N. (2012). Interventions to improve adherence to self-administered medications for chronic diseases in the United States: a systematic review. Annals of internal medicine, 157(11), 785-795.