We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Consumer Driven Healthcare System - Essay Example

Proponents of the system have claimed that the high-deductibles involved and the health savings account plan of the CDHC system are important factors for its success. Providing better service and care for those who cannot afford healthcare should be promoted by increasing the taxes of those with a higher income and thereby make such consumer-driven healthcare initiatives care for the welfare of the needy people.The consumer-directed health care initiatives were introduced as a means to provide healthcare benefits to the employees within an organization. Initially by this plan employers funded the health reimbursement accounts (HRA) of their employees and hence they decided on what medical expenses can be covered by the plan and whether the funds could be carried over to the next year. However, following the passage of the Medicare Modernization Act in the year 2003, health savings accounts (HSA) were created by which both the employees and their employers contributed to the account and federal standards determined which medical expense was eligible for claim. The funds in the account could be rolled over to the next year and the employee retains the funds in case of job shifts or after retirement. This plan is a highly-deductable health plan which is coupled along with the health savings account which is aimed to increase consumer knowledge about healthcare costs and benefits of the scheme as well to become more conscious about their health.

Check these samples - they also fit your topic

Consumer Driven Health Care
An insurance company pays the medical expenses of an employee while the employer pays for the insurance premium which means that the employee’s wage is also reduced. Consumer driven health plans (CDHC) is an insurance plan that allows employees or individuals to use their own health savings accounts or health reimbursement arrangements to pay directly for health care medical expenses, while still their highly deductable health insurance pays for high medical expenses that they could incur
3 pages (750 words)Essay
SLP: Consumer Driven Health Care
President George Bush signed the Medicare Prescription, Improvement, and Modernization Act into a law, in 2003. This paved way for the expansion of medical savings accounts, and implemented tax incentives that aimed at encouraging clients to adopt the high-deductible health plans.
2 pages (500 words)Essay
Market-based or Government control Issues surrounding ObamaCare
In March 2010, Congress approved President Barack Obama's Patient Protection and Affordable Care Act (PPACA), a comprehensive state effort that aims to resolve multiple healthcare service costs, quality, and delivery issues. PPACA aims to widen access to health care, which can be attained by improving healthcare resources and options.
3 pages (750 words)Research Paper
Healthcare service delivery
1). According to Owen (2009), “consumer-driven health care," a slogan that captures a range of market-based approaches to preserving patient choice and increasing cost savings, is most commonly implemented in the form of individual health savings accounts.These accounts are offered to employees as a means of increasing the cost sharing of personal health care expense” (Owen, 2009, p.
3 pages (750 words)Essay
Consumer Driven Healthcare
In a bid to ensure appropriate, affordable, and high quality health care services, the government and all stakeholders involved have been advocating for consumer driven health care. This is a position paper on consumer driven health care. It is important to posit that the US government has been involved in advocating for consumer based health care.
3 pages (750 words)Essay
Employee Benefits & Healthcare
As the report presents the employer provides this package by consulting vendors who specialize in specific benefits in the benefits package, such as a retirement plan, life insurance, long term and short term disability coverage, and healthcare plan. The individual plans collectively form the employee benefits package.
15 pages (3750 words)Essay
Healthcare Plan Issues
In the recent times, the various issues like accessibility to good medical care, quality, cost and health insurance have increasingly moved beyond the reach of the common man in America. Indeed, the inflationary
2 pages (500 words)Essay
Consumer Driven Health Care

The author states that there is a choice of selecting a less expensive quality health service. More individuals are enrolling into consumer driven health plan because it lacks the high deductable factor of other insurance plans and also the consumer has a choice in the health care service to be provided, at a cost effective price. 

4 pages (500 words)Essay
Healthcare system
This can be detrimental as Medicare will be a huge issue around 2033. In order to rectify this issue, a solidified solution that consists of all-network relationship must be applied. For a
3 pages (750 words)Essay
Module 4 BHM415 (AUG2014-1) (CASE)Consumer Driven Health Care (SLP)
The rise in new as well as conducive legislative changes makes it more possible. With these services, healthcare will become more affordable for Americans since these plans offer
2 pages (500 words)Essay


The global economic recession and the rising cuts in Medicaid policies due to lack of federal funding has made healthcare unaffordable to a vast group of people especially the elder population. In families where there is strict budgeting sources, healthcare remains an elusive entity…
Consumer Driven Healthcare System
Read TextPreview
Comments (0)
Click to create a comment
Let us find you another Essay on topic Consumer Driven Healthcare System for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us