Healthcare Management
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Karen Davis has come up with a set of twenty- four insightful exhibits that have a lot of Medicare information embedded in them. According to Davis (2012), Medicare works to provide access to care and financial protections for fifty million seniors and disabled beneficiaries. When it comes to these exhibits that Davis mentions, there are twenty- four exhibits but there are three that stood out. Exhibit numbers two, eight, and twenty- one stood out to those who utilize Medicare.
According to Karen Davis (2012) the second exhibit is when the elderly Americans are significantly more likely to report better outcomes on a host of questions related to affordability, access, and coordination relative to the under sixty- five insured population in the United States. However, with these outcomes, according to Commonwealth Fund, Medicare and administrative costs are lower than those in private coverages because of administrative efficiencies and the leverage of Medicare exercises as the biggest purchasers of health care in the United States.
According to Karen Davis (2012), the eighth exhibit talks about how an average Medicare picks up seventy- four percent of the PPO and eighty- three percent in Federal Employees Health Benefit Program Standards. With this, there are major concerns on whether of not the retiring generations will increase the numbers of beneficiaries. With this, according to the Commonwealth Fund (2012) the Congressional Budget Office shows that Ryan’s premium supports proposal to assist in the possibility of raising costs for those who are beneficiaries.
Lastly, according to Karen Davis (2012), the twenty- first exhibit states that the Affordable Care Act permits physician- led accountable care organizations to share in savings if they hold costs below a target rate of growth. This exhibit is about continuing Medicare by building on the benefits of the Affordable Care Act. With this, the Commonwealth Fund mentions that these organizations are able to share savings and the costs below target rates of growth. However, this type of strategy helps the Affordable Care Act invest in different rapidly and systematically areas of models within the health care delivery and payments for which works best.
Commonwealth Fund. (2012, October 2). The Future of Medicare. Retrieved February 8, 2022, from https://www.commonwealthfund.org/blog/2012/future-medicare
Davis, K. (2012). Medicare Financing Reform: A New Medicare Premium. The Milbank Memorial Fund Quarterly. Health and Society, 62(2), 300. https://doi.org/10.2307/3349830
Weissert, W. G. (2019). Governing Health: The Politics of Health Policy (5th ed.). John Hopkins University Press.
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