Foundations of Nursing Study Set 1

Nursing

Quiz 8 :

Economic Influences

Quiz 8 :

Economic Influences

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Discuss the implications of health care rationing from an economic perspective.
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Economic status of the people of the community directly influences the health outcomes in a community. Poverty results in poor nutrition, low work productivity and less health resources. All these lead to poorer health outcomes in a community.
Health care rationing is defined as the limited access to healthcare services. The private health insurance can be adopted by only people that can pay for the service. The insurance companies evaluate the applicants before the procedure to only qualify the eligible applicants.
The applicants with previous medical conditions are either refused or charged more for the health insurance. The rationing of healthcare services results in reduced equitable access to health care services.
It also results in the decreased quality of the services provided. New laws are being formed to eradicate rationing and rather introduce some levels of insurance. These can be adopted by people according to their economic status.

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Identify major factors influencing national health care spending.
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Economic status of the people of the community directly influences the health outcomes in a community. Poverty results in poor nutrition, low work productivity and less health resources. All these lead to poorer health outcomes in a community. There are many factors which influence the expenditure of national health care services.
One of the major factors affecting the spending on health services is the population demographics. Population changes result due to ageing of people. A large number of old and ill people receive government funded services. People with multiple chronic conditions visit hospitals and health centers frequently.
Another factor affecting the cost of health services is the technology of care. New technology results in improvement in the efficiency of the health services but also increases the cost of the services.
Chronic illness is also an important factor influencing a nation's health care spending. Chronic diseases accounts for the largest number of deaths. They also cost the maximum number of beds and health professionals.

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Describe the role of government and other third-party payers in health care financing.
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The health outcomes in the community are responsible for directly influencing the economic status of the people in a community. Poverty results in poor nutrition, low work productivity and less health resources. All these lead to poorer health outcomes in a community. There are many factors, which influence the expenditure of national health care services.
Health care financing involves the public and the private services. The public sector is responsible for establishing various hospitals with multispecialty departments. Various government agencies are responsible for preventing and controlling communicable diseases.
The government insurance plans include Medicare and Medicaid. They account of the largest portion of public health care spending. Various government agencies aim at improving public health by providing health promotion and disease prevention services.
Private health care services include the private insurance services. They also provide employment to various professionals. The individuals pay about 14% of the total health spending but it is becoming a prominent part in recent times.

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Identify mechanisms for public health financing of services.
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Relate public health and economic principles to nursing and health care.
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Evaluate levels of prevention as they relate to public health economics.
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