Thursday, March 31, 2011

mo money, mo problems

A risky health idea proposed by Obama could mean better care and savings all around, or just stick medical providers with additional costs if the experiment fails. I agree with Linda Fishman, a policy expert for the American Hospital Association, who gives credit to the administration for trying to accommodate a broad range of providers.

The $960 million that Medicare could save is nothing compared to the $550 billion per year spent on health care, but hey, $960 million is a hell of a lot. This plan which involves accountable care organizations, which are networks of hospitals, doctors, rehabilitation centers and other providers, calls them to work together to eliminate wasteful expenses.

I really do applaud the Obama administration in its effort to decrease the amount spent on health care, and to make an effort to save money for those insured. Although coordination between different providers and the possibility of hospital and doctor networks attempting to fix prices are some serious issues, it's possible to keep that in check and make a positive change.

Obama health idea could mean better care, savings By Ricardo Alonso-Zaldivar

1 comment:

  1. posted my comment on the wrong blog!!!


    oops hope it still counts :/

    A blog written by Thomas Danh
    In an article written by Thomas Danh, he's describing a proposal presented by Obama relating to his health care plan. According to his article, Obama's plan is to have networks of hospitals, doctors, rehabilitation centers and other providers to work together to eliminate extra expenses.
    Unfortunately, the article isn't really well written. He presents this plan, but doesn't go into much detail. I'd have to do my own research to actually figure out what the proposal is all about. He says how much we could save with this plan, but what exactly is the plan? This post has a lot of potential but it really missing key pieces of information. I leave with more questions after reading the post than I started with. Such as, how the organizations work together? What are some of the specific pros and cons of the proposal? What happens if the plan goes wrong?
    Thomas, A for effort, but in the end this wasn't a very substantial post.

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