Quality Vs. Quantity: Health Care Rationing By Age
Submitted By bigdaddygogo
Words: 2503
Pages: 11
Quality vs. Quantity: Health Care Rationing by Age A fifty-five year old man with hemophilia (bleeding disease) was admitted to the hospital with a fractured hip. To prevent bleeding he was given a new and expensive drug used to treat hemophilia. On the second day after surgery the new drug was stopped and a less-expensive drug was given. He started to bleed over the next twenty-four hours and required six units of blood. The new drug was reinstated for the remainder of his hospitalization. The cost for the less-expensive drug was $10,400 per day. The cost for the new and expensive drug was $92,400 per day. By the end of his hospital stay, this patient consumed over $1.2 million in drug therapy to control his bleeding (Capozzi 1279).
The use of new medical technology often comes at a shockingly high price. As a result, rationing “understood as the distribution of scarce resources within the healthcare system” (Brauer 27) has become a highly debated topic in the healthcare world. The lack of resources and cost of various procedures forces rationing. Patients, physicians, and insurance companies must work together to identify a feasible medical plan for the patient. With the increase of life expectancy and the need for medical coverage, age must be used as a criterion for health care rationing, though not the only criterion.
Health care rationing is becoming a much larger concern for the general population. In the year 2000 The World Health Organization said, “The number of people aged 60 and over is growing faster than any other age group” (qtd. in Giordano 83). The “battle” for health care between the elderly and the young will increase as this elderly generation continues to rise. The treatment cost for United States citizens is also rising at an alarming rate. According to the Henry J. Kaiser Family Foundation, “expenditures in the United States on health care surpassed $2.2 trillion in 2007, more than three times the $714 billion spent in 1990. . .” (qtd. in Romeo 28). There are simply not enough funds to pay for everybody’s medical needs. Rationing is inevitable. Elizabeth Floyd from the Healthcare Management Program at the University of Alabama states three reasons why healthcare rationing is essential:
First, about 43 million Americans have no health insurance . . . Second, the United States is the only industrialized country in the world that does not guarantee access to healthcare for all its citizens. Third, the U.S. healthcare system is the most expensive in the world, yet it excludes more people from care than does any other developed country. (Floyd 234) With the costs of health care and the number of Americans without health insurance, rationing becomes even more necessary in health care distribution. Health care rationing is essential, but there are queries as to who should control the decision-making. Who is the most qualified to manage health care allocation? There are three major parties involved in health care rationing: the patients, the physicians, and the insurance companies.
PATIENTS
Patients play a large role in the rationing of their own health care. For example, when people get sick, they decide to either go to the doctor’s office, Emergency Room, or even to see anyone at all! These decisions ration their health care costs. Patients choose how they react to their own physical health and ration how they are going to treat their conditions.
PHYSICIANS
The physicians may have the best judgment concerning the odds of living through a health care procedure, but should they have the responsibility of “playing God” and deciding who lives and dies? According to the American Medical Association’s Code of Medical Ethics, “A physician has the duty to do all that he or she can for the benefit of the individual patient” (Capozzi 1280). The physician has the responsibility and moral obligation to be unbiased in terms of saving the patient’s life. This code continues to
Related Documents: Quality Vs. Quantity: Health Care Rationing By Age
Excel Notes 12/13/12 Each worksheet in a workbook has 16,384 columns and 1,048,576 rows for a total 17,179,869,180 cells. If you prefer using the keyboard instead of the mouse, you can press the ALT key on the keyboard to display a Key Tip badge, or keyboard icon, for certain commands. Entering text in a cell means left-aligned. In Excel, you can enter numbers into cells to represent amounts. A number can contain only the following characters: 0 1 2 3 4 5 6 7 8 9 + - ( ) , / . $ % E e If a…
ACS 101 July Block II 2004 Excel Notes Workbooks Multiple worksheets: Excel allows you to have several worksheets in a single file, which is referred to as a workbook . A workbook may also contain other types of sheet and Visual Basic macros for automating tasks. Whenever you save the file, all sheets in the workbook will be saved together. Similarly, loading a file loads into memory all the sheets in a workbook. The sheets are shown in the sheet tabs at the bottom of the window.…
2014 Lecturer : Second marker : Notes for students : 1. Hard copy of assignment should be stapled in the top left corner and submitted to the School Office. 2. Electronic copy of assignment should be submitted through the Turnitin software. 3. 10% of marks are awarded for satisfactory use of language and/or good presentation. 4. 5% of marks are awarded for satisfactory referencing and/or presentation of a bibliography where either is required. Note that all referenced work should be obtained…
5: Cost per Unit Note: For exact calculations please see the attached excel file. Recommendations Flow Controllers Starting with flow controllers, there are two ways to deal with the negative gross margin. First way would be to keep on producing the flow controllers and increase the batch sizes and thereby reduce the setup- and shipping related cost. If the batch sizes for shipments and production were increased to 25 units, the gross margin would amounts to 8.6% (see excel sheet for precise…
Microsoft Excel as a Financial Calculator Part I Excel (and other spreadsheet programs) is the greatest financial calculator ever made. There is more of a learning curve than a regular financial calculator, but it is much more powerful. This tutorial will demonstrate how to use Excel's financial functions to handle basic time value of money problems using the same examples as in the calculator tutorials. I will keep the examples rather elementary, but if you already understand the basics of using…
Excel for Office & Home IF Functions - working with Logical Functions Overview =IF() Nested IF Statements =AND() =OR() =COUNTIF() =COUNTIFS() =SUMIF() =SUMIFS() Overview When analysing data in Excel, we often want to pick some data and eliminate unwanted data (temporarily or permanently). This can be done in a number of ways: ● Using the functions =IF() | =AND() | =OR() | =COUNTIF() ● Using filters ● Using PivotTables For the purpose of this topic we are going to concentrate on the functions…
“Try it!” exercises in green. These “Try it!” exercises are a key feature of this tutorial. I have embedded numerous sample Excel spreadsheets so that you can try out the directions right away—without switching into Excel. When you double-click on one of these spreadsheets, you launch Excel, and the spreadsheet “comes alive.” The menus and toolbars even change to those for Excel. By clicking outside one of these spreadsheets, you’re back in Word. The easiest way to maneuver around this tutorial is…
that needs to be streamlined. Currently, staff provides services, handwritten notes are taken, these notes get typed into the computer whenever the staff person has time, the notes are then entered into a software program called ETO, the Accounts Receivable clerk accesses ETO to run a report to see how many consumers were given services for the month, the Accounts Receivable clerk then types this information into excel, and then e-mails the spreadsheet to the respective county for payment. Several…
Introduction There are two objectives in this assignment: Students completing this assignment will demonstrate understanding of 1. The accounting cycle 2. Excel spreadsheet use in analysing accounting information The assignment focuses on a small business registered for GST on the invoice basis. Students will use Microsoft Excel templates to show the recording and processing of accounting input data through to the preparation of financial statements. Background Serious Science is a sole…
GENERAL INFORMATION UGBA 104 last updated: 11 August 2014 Requirements • • • Excel Knowledge / Willingness to learn Excel Computer with Internet Connection Professional Attitude Registration Q: I am currently waitlisted in your class. Can you get me in? A: Faculty and GSIs cannot enroll students. Please contact the…