Addressing Current Concerns of the Healthcare Consumer

Poppy the cockatooPoppy tweets “I’m worried about losing my treats!”

1. LOSING MEDICARE AND MEDICAID-DEFICIT REDUCTION MASQUERADING AS HEALTH CARE REFORM

HUMANS are worried about $554 billion in cuts to Medicare as this impacts you the 55 million Americans who are over age 65 or living with disabilities. This impact may be felt through decreased access to healthcare providers. The greatest impact would appear to be on the cost of prescription drugs.

The cost of Medicaid expansion has led to calls for BLOCK GRANTS to replace the Federal portion of Medicaid coverage. Opponents argue that this will decrease access to care. The value of Medicaid is the access provided to preventive care for children and young adults.

medicaid enrollment chart

2.  ACCESS TO YOUR PHYSICIAN

Who provides your access?

Employer: 49 %

Medicaid: 19 %

Medicare: 14 %

Uninsured: 9 %

ACA Individual Marketplace: 7 %

Other Public: 2 %

“HEALTH CARE Reform Has Really Been Deficit Reduction.”  Deficit reduction will impact your ACCESS to healthcare and the ability to see the doctor of your choice.

impact of health care reform

3.  HEALTHCARE COST

GNP vs healthcare spending chart

“Simply put, the United States has a Health Care ‘System’ that does not get the health status improvement one might expect. To put it bluntly, there is no bang for the buck.  (RETURN ON INVESTMENT!)”.    FIRST in spending … LAST in life span

health care cost vs life expectancy chart

“Medical care relatively less important than are other factors in determining RETURN ON INVESTMENT.”

30 years increase in average US life expectancy since 1900. Only about two years are attributable to better medical care. Non-medical drivers of health care improvement are almost all economic, environmental and public health factors.

FIRST in spending — NOT FIRST in economic, public health and environmental factors.

4. PHARMACY

  • Prescription drug costs more than doubled between 2006 and 2013.
  • These costs have increased 174% since 2005.
  • Current trending has leveled off at just under 6 percent.
  • Predicted to stay in that range through 2025.

“WHY ARE PHARMACY COSTS SO HIGH?”

  • MONOPOLY RIGHTS -Pharmaceutical drugs are the only major health care service in which the producer is able to set prices relatively unrestrained
  • MEDICARE DRUG BENEFIT -Congress created the Medicare drug benefit. This legislation prevented the country’s largest single-payer health care system from negotiating drug prices.
  • AVAILABILITY OF GENERIC DRUGS -This primary strategy for reducing prescription drug cost is constantly bucking the pharmaceutical industry headwinds of numerous business and legal strategies.
  • MARKETING AND DIRECT TO CONSUMER ADVERTISING (DTCA)-This approach is designed to promote drug companies’ products by influencing doctors’ prescribing practices
  • PHYSICIAN PRESCRIBING PRACTICES -Physician prescribes a specific choice when “comparable alternatives” are available at different costs
  • RESEARCH AND DEVELOPMENT-There is no evidence of an association between research and development costs and prices

Poppy says, “Next time we will tweet about the AFFORDABLE CARE ACT.”

By | 2018-11-13T15:08:28+00:00 November 13th, 2018|Categories: Healthcare|Tags: |0 Comments

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