Affordable Care Act: Equity-Efficiency Tradeoff Research Paper

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Affordable Care Act is one source that provides healthcare organizations with primary help related to existing patients. However, many companies did not test the concept, and the efficiency is not approved. Nevertheless, the Centre for Medicare and Medicaid Innovation faces and mentions all challenges provided by the Act and increases the awareness of the technique (Peikes et al., 2020). The main mission of the Affordable Care Act is to provide healthcare equity and make medicine affordable for everyone (Gaffney & McCormick, 2017). Peikes et al. (2020) showed the implementation results, and they stated that there was a significant breakthrough in helping related to people of different cultural backgrounds and races. However, the reduction in costs was inefficient as more resources were required, and there was not enough funding to cover all costs. Consequently, the impact of the Act is positive as more people receive primary help even though the cost reduction process was not significant.

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The implementation of the Hospital Readmissions Reduction Program is one of the massive influencers on the medical industry as it aims to increase the efficiency of healthcare. The concept includes penalties that might be related to those workers who do not provide their patients with the needed treatment or exceed authorities (Julnes & Choi, 2020). Even though disadvantaged populations have received high-quality medical service, there was no significant difference in deaths because of the Hospital Readmissions Reduction Program. Discriminated people by race or sex do not attend specialists often, and even if they control their chronic health issues, 30-day and one-year mortality possibility exist (Julnes & Choi, 2020). The introduction of the program became beneficial for people with high social status as they have a chance to pay an extra charge for the healthcare service. However, the disadvantaged population cannot receive repeated surgeries or consultations due to the cost reduction program as a part of the CMS. The Hospital Readmissions Reduction Program has both positive and negative sides, and to ensure the concept’s success, industry specialists should make sacrifices.

The programs help nurses return to their favorite working responsibilities quicker as they receive an increased salary and pay their educational loans sufficiently. Nurse practitioners become more motivated, and their general performance increases (HHS Action Plan to Reduce Racial and Ethnic Health Disparities, n.d.). The response time is crucial in the nurse practice as many illnesses can be successfully treated in the early stages without returning patients to the hospitals (Mileski et al., 2020). Moreover, specialists in this industry provide patients with psychological support that should not be underestimated to ensure that the level of paranoia is not significant. Experts define the main sources of hospitalization and what groups of people are at higher risk. This strategy helps understand what aspects require more effort and what solutions can be adjusted. According to Mileski et al. (2020), nursing home residents are more subjected to hospitalizations, and it is important to provide them with medical assistance to ensure no relapse.

Every person should be eligible to receive medical help when needed, and workers in this industry should consider civil rights before building specific relationships with their current patients. Many healthcare companies follow the rules provided by one of the massive organizations called the World Health Organization. WHO aims to decrease the discrimination rate and ensure that everyone in the world is treated equally. The corporation’s Constitution states that attainable health is a fundamental right of every person. Moreover, WHO (2017) explains that the right of civilians is to receive all resources needed for positive life conditions. For instance, safety, drinking water, food, shelter, education, and equality in different areas like race or gender. Healthcare is a priority in this list of needs, and every person can defend their rights if they do not receive a high-quality service. In many countries, this regulation provided by the WHO is included in the domestic laws and constitutions, and governmental authorities make a lot of investments to control this industry and maintain a general level of healthcare.

The article provides clear information regarding the healthcare industry and what new interventions are being made to increase performance in many developed and developing countries in the world. I agree with the information provided in the paper as the world is changing, but some people continue discriminating against others, and insignificant changes are made. It is true that every person understands their rights and can defend themselves in case of a discrimination act. Consequently, the help of different social programs is crucial as they state clear rules for society and can change routines. I also agree that workers who do not want to provide the disadvantaged population with efficient services should be fined for abusing the company’s standards and governmental policies. I share the idea that people’s rights are the most important aspect of the provision of medical help. WHO is a common example of the defender of civil privileges that makes other people more aware of their responsibilities.

References

Gaffney, A., & McCormick, D. (2017). The Lancet, 389(10077). 1442-1452. Web.

Julnes, P., & Choi, S. W. (2020). Journal of Health and Human Services Administration, 43(1), 23-48. Web.

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HHS Action Plan to Reduce Racial and Ethnic Health Disparities. (n.d.). A Nation Free of Disparities in Health and Health Care.

Mileski, M., Pannu, U., & Payne, B. (2020). Healthcare, 8(2). Web.

Peikes, D., Taylor, E. F., & O’Malley, A. S. (2020). Health Affairs, 39(3). Web.

World Health Organization (2017). Web.

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IvyPanda. (2023) 'Affordable Care Act: Equity-Efficiency Tradeoff'. 12 June.

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IvyPanda. 2023. "Affordable Care Act: Equity-Efficiency Tradeoff." June 12, 2023. https://ivypanda.com/essays/affordable-care-act-equity-efficiency-tradeoff/.

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