week 7 peer responses
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hmgt_322_week_7_peer_responses.docx322 Week #7 response: Need a peer response to each post (Discussion). There are 2 post total
Specific Rules for Discussions
No Title page
Peer responses - Must be a minimum of 100 - 200 words .
Must provide a minimum of at least one (1) reference in your discussion and peer responses. Please give a general response to each post. Add one additional ideal/fact to the post. NO TITLE PAGE!!!!!!
· Savannah posted Feb 28, 2016 8:53 AM
Health care spending has increased drastically since the enactment of the Affordable Care Act (ACA). Health care finance will be affected by in payment, moving from fee-for-service transactions to bundled payments. Additionally, cuts in the disproportionate share hospital (DSH) payments for both Medicaid and Medicare impact health care finance. Essentially, states that do not expand Medicaid will be providing the same level of uncompensated care to those uninsured, while also receiving less federal funding. This reduces safety net hospitals, especially during disasters. Federal funding is expected to be reduced by $18.1 billion by 2020. (Reeve. 2014) While low-come patients are eligible for tax credit for cost-sharing responsibilities, there is no guarantee these patients will be able to cover their cost-sharing responsibilities. In the end, public hospitals will still be there to be liable for uncompensated care. This places hospitals in a great disadvantage is a disaster occurs and care provided cannot be billed back to insurance companies. (Reeve. 2014)
References
Reeve, Megan. 2014. The impacts of the affordable care act on preparedness resources and programs: workshop summary. p23-36. Retrieved from: http://www.ncbi.nlm.nih.gov/books/NBK241389/
Respond to Savannah here;
· Fatima Zafar posted Feb 24, 2016 8:37 PM
One aspect of the Affordable Care Act that will directly impact healthcare finances is its requirement for hospital price transparency. Specifically, the Affordable Care Act requires health plans to offer users with a Summary of Benefits and Coverage(SBC). It also requires plans to provide a glossary of medical terminology commonly used in health insurance coverages. The Affordable Care Act will also require health insurance marketplaces, in every state, to provide information to the insurance seeker about out of pocket costs depending on essential health benefits that health insurers must provide in their plans. The act also requires hospitals to create policies explaining to patients, " eligibility criteria, the basis for calculating charges and the method for applying for financial assistance. Hospitals should communicate this information to patients in a way that is easy to understand, culturally appropriate, and in the most prevalent languages used in their communities. Hospitals also should have written policies to help patients determine if they qualify for public assistance programs or hospital-based assistance programs." (Hospital Price Transparency) I personally believe that the ACA transparency requirement will improve healthcare in terms of creating a sense of understanding for patients about their insurance rights. As a health services manager, I will be greatly impacted by this because it will be my responsibility to create this policy. I think it will provide me with a better understanding of financial needs in terms of patient payment. If I had to make a change, I would add ways to make this more efficient for hospitals since this change will require a lot of more budgeting.
Hospital Price Transparency. (n.d.). Retrieved February 24 2016, from http://www.aha.org/content/14/14pricetransparency.pdfAmerican Hospital Association
