(Solution) C489 Task 3 Healthcare Financing

Introduction:

It is essential that nurses understand the issues related to healthcare financing, including local, state, and national healthcare policies and initiatives that affect healthcare delivery. As a patient advocate, the professional nurse is in a position to work with patients and families to access available resources to meet their healthcare needs.

Requirements:

Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. Use the Turnitin Originality Report available in Taskstream as a guide for this measure of originality.

You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.

A.  Compare the U.S. healthcare system with the healthcare system of Great Britain, Japan, Germany, or Switzerland, by doing the following:
1.  Identify one country from the following list whose healthcare system you will compare to the U.S. healthcare system: Great Britain, Japan, Germany, or Switzerland.
2.  Compare access between the two healthcare systems for children, people who are unemployed, and people who are retired.
a.  Discuss coverage for medications in the two healthcare systems.
b.  Determine the requirements to get a referral to see a specialist in the two healthcare systems.
c.  Discuss coverage for preexisting conditions in the two healthcare systems.
3.  Explain two financial implications for patients with regard to the healthcare delivery differences between the two countries (i.e.; how are the patients financially impacted).
B.  Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
C.  Demonstrate professional communication in the content and presentation of your submission.
Solution:

Healthcare Financing

A1. Country to Compare

The selected country of comparison with the US healthcare system is Great Britain.  The US and Great Britain healthcare systems represent great examples of privately funded and publicly funded healthcare systems respectively.

A2. Access

In the United States, the Patient Protection and Affordable Care Act (ACA) plays a critical role in ensuring that all people in the country have access to quality healthcare (Squires & Anderson, 2015). However, healthcare access to children, unemployed, and retired people is typically through private insurances that are run by the state. The Medicare and Medicaid are government programs that cover qualified public candidates by providing low-cost care (Schoen, Radley, & Collins, 2015). Precisely, Medicare offers low costs care to retired people as well as younger people with disabilities. Medicaid, on the other hand, offers low-cost care to unemployed, low-income people, children, and pregnant mothers. Therefore, through these two government programs, the children, unemployed, and retired people are able to have access to healthcare at low costs.

When it comes to Great Britain, the healthcare system is government-ran through taxes.  The government owns the hospitals under the National health services (NHS). As explained by Leichter (2014), the health system in the country is universal and free. Taking this into consideration, it can be argued that children, unemployed, and retired people are covered under this system.

A2a. Coverage of Medications

Coverage for medications in the United States is normally through the insurance plans from individual insurance providers in the country. According to Obama (2016), these….Please click the icon below to purchase full answer at only $10