The health care reform bill aims to transform the whole of the American healthcare system. The bill is ratified into law and properly put into practice, supported financially and productively balanced within the private-public joint ventures will bring a huge transformation to the whole of the health care system (Shearer, 2010). The healthcare system will move away from that treats people to the healthcare system that promotes health and wellness.
In essence, the health care transformation bill offers the American people access to quality and affordable healthcare (Shearer, 2010). The health care reform bill was written based on the following pillars. The first pillar was to Offer access and health coverage as well as choice. Second is the affordability of health care; third is the offering of health care that is cost-effective. The fourth pillar is the health care system that promotes prevention and wellness, and the final pillar is the workforce investments. Generally, the bill aims to transform the American ailing health care system into a health care system that is genuine and is focused on keeping the American people healthy (Shearer, 2010).
The economic impact of the healthcare bill
The health care reform bill is hailed to be the most expensive health care system in the world. The bill aims to create a health care system that will cost over &850 billion if fully implemented (Hartman et al., 2008). However, the benefits of the system surpass the costs. In other words, the benefits of the health care system cannot be compared with the monetary costs that are involved. The health care system effectiveness in health care provisions is commensurate to the financial costs that are involved (Hartman et al., 2008).
The health care system was supposed to be affordable access to health coverage. The bill aimed to allow American businesses of all kids an opportunity to buy cheaper healthcare coverage. The bill offers the sliding scale affordability credit doing away with the 400% federal poverty level. In the previous health care system, individuals were supposed to pay a minimum of forty-three thousand dollars premium to the insurance companies, and families of up to four children were to pay a minimum of eighty-eight thousand premium (Hartman et al., 2008).
The affordability advantage credit contained in the bill will not only cheapen the indemnity first-class rates but will also reduce the cost-sharing to the levels that will ensure a reasonably priced right of entry to health care. The affordability credits will not be implemented singly but will be managed in connection with other federal and state agencies including Medicaid bureaus and the (LSSO) Local Social Security Offices entities (Hartman et al., 2008).
Medicaid will also be expanded if the bill is enacted. Under the bill, individuals, as well as families with annual earnings that are below 133 percent of the federal poverty index, will be fully funded by the federal government under the long-drawn-out and enhanced Medicaid plan (Shearer, 2010). In essence, this provision offers access to health care for all particular individuals with low incomes, the disabled, the mentally ill as well as kids coming from poor families. The bill provides that people with disabilities, the mentally ill as well as other disorders will fully be supported through the provisions of advanced compensation for most important care services (Shearer, 2010).
The impact of the bill on the administrative resources
The bill creates shared responsibilities among all the stakeholders within the healthcare system. The individuals and families who are covered, small businesses, employers and the government have a shared responsibility in the health benefits coverage that is essential to all American people (Shearer, 2010). Once the improvement and affordability credits have been put in place, all people will have a responsibility for their insurance coverage and only those in hardship will be exempted. The individuals and families not coved will be penalized by cutting two percent of their gross income. However, this will be pegged on the standard cost of payment on the swap (Hartman et al., 2008).
The employers are obligated to provide health insurance coverage to all their workers or contribute funds for that purpose. Compliant employers have a choice of paying only six percent of their total payroll instead of having full coverage for their employees (Hartman et al., 2008). However, employers with less than two hundred and fifty thousand dollars will not be liable for the employers’ responsibilities. Moreover, the tax credit will be given to small businesses that would like to offer future health coverage to their employees. In addition, the government will ensure that all stakeholders are compliant with the requirements of the bill. Through compliant procedures that the bill has put in place, the government will have played its role of ensuring that all Americans have the right to use excellent and inexpensive healthcare through insurance coverage which is within the means of Americans, insurance reforms, affordability acclaims, and consumer protection (Shearer, 2010).
The bill provides new tools aimed at combating wastefulness, fraud, and abuse of public resources that are geared towards providing health care (Shearer, 2010). In addition, the whole of the health care system will be under one administrative body that will ensure that all people have access to affordable health care. Moreover, the secretary will streamline all administrative issues that currently increase the cost of health care to cut costs on the health care system to make it more affordable and accessible to all.
How the equity of resource allocation in the current U.S. healthcare delivery model
Under the reforms in the health care delivery system, all the federal and state agencies will offer quality and affordable care through efficient compensation procedures, improved synchronization, and reduced readmission to the hospital as well as through ground-breaking health care plans such as the Organizations for Accountable Care and Medical Homes that ensures care for all. Moreover, the bill develops and brings up to date the Medicare system.
The bill substitutes the defective Medicare payment procedure to the physicians that offer care with that which is transparent and ensures equity (Hartman et al., 2008). The current Medicare payment procedures are full of deficits, poorly coordinated, and inefficient. The bill proposes a payment procedure that will correct all inefficiencies in the current system. Moreover, the bill creates consumer protection and develops the low-income financial support plan. All these measures are aimed at ensuring that health care is equitably distributed, affordable, and accessible to all.
How the bill will influence the role of nurses
The bill has recognized the roles and responsibilities the healthcare workforce contributes to the general well-being of individuals. The bill has proposed expansive training programs for primary healthcare professionals including doctors physicians nurses as well as other professions that fall under primary healthcare programs (Hartman et al., 2008). In other words, the bill proposes extended training to primary care nurses and doctors as well as the development of the stream of individuals entering health professions such as public health and critical care nurses. In essence, the bill supports and recognizes the healthcare employees’ miscellany. In addition, the bill provides for the provision of scholarship loans to healthcare professionals who would like to expand their knowledge in primary health care.
To ensure that the primary health care professionals discharge their duties, the bill protects the rights and responsibilities of the health care professionals. According to the provisions of the bill, the health professionals such as nurses shall provide discharge their duties without external influence or influence from anybody besides that is recognized by the bill. The bill also ensures that the healthcare professionals’ families are covered just like any other American citizen. Incentives have been offered by the bill to the primary health care nurses to discharge their duties fully as required (Shearer, 2010).
The reasons for the support of the bill
Besides offering an affordable healthcare system for all, the bill focuses on the primary care that in the current state require a huge reform. Not only will the primary health care costs be reduced through stronger avoidance and wellness measures but through a payment delivery system. The payment delivery system is designed in such a way that it gradually reduces the cost of health care over time. In addition, the bill provides for the preventive health care system. According to the provisions in the bill, preventive measures are more affordable and cheaper than treatment. The current bill also recognizes the roles health professionals play in the delivery of the health care system. Besides provisions for advancing primary health care knowledge, the bill protects the rights and duties of primary health care professionals.
Hartman, M., Martin, A., & Nuccio, O. (2008). Health spending growth at a historic low. Health Affairs, 29(6), 147-155.
Shearer, G. (2010). Prevention provision in the affordable care act. American Public Health Association, 6(2), 2-19.