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s go through all the available information about the medical problem in question, including the treatment options and the consequences, and then consider how these fit with the patient’s preferences for health states and health outcomes (Hibbard, 2003).
A study by “McKinsey & Company” found that employees were more likely to change their behavior and shop for treatment alternatives, but they were frustrated by the lack of information available to help them make these decisions (Agrawal, Ehrbeck, Packard & Mango, 2005). Patients would communicate with others who are experiencing the same condition through online chat rooms and support groups. They may want information about a physician’s bedside manner. Subjectivity is important in health care, as it is in most other intimate personal relationships (Agrawal, Ehrbeck, Packard & Mango, 2005).
The growing demand and the desire for more choices have fueled an increase in competition within the field of long-term care, which has created a need for more efficiency and effectiveness. Providers have been forced to enter into the world of public relations, marketing and business, which led to generating a whole industry specialized in health care. It has, at the educational level, led to development of graduate programs in business but with specialty in health administration. All this development happened with the purpose of creating more efficient professionals who could deal with current trends in health care and stay one step ahead in competition (Study Notes, n.d., pp. 1-2).
Consumers’ involvement in their care has created a transcendental effect at many levels and it will continue to impact the health care industry. The trend started with the baby boomers (those born from 1946 to 1964) lifting the expectations and putting considerable pressure on those who provide the services (Study Notes, n.d., p. 2). The demand for services will continue rather than drop off not only because the baby boomers are creating
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The percentage of the populace made up of aged persons in the United States is anticipated to increase from 13 to 20 percent in the next few decades. The number of Americans aged 65 years and above will rise by 35% to 71 million, by 2030, encompassing of 20% of the US population.
The baby boomers are expected to keep that growth cycle going, most likely at faster rate, which is expanding the demand for services and is also heightening the expectations from service providers (Study Notes, p. 2). From the economists and the business perspectives, when the demand increases, the supply will also increase to meet the increasing demand.
The matter has been further complicated by the fact that the system of long-term care facility regulations, licensure, and legal system had been largely ineffectual leading to failure to protect residents and to conform to quality criteria. It has often been commented that residents in the long-term care facilities have been abused for ages (Lachs, and Pillemer, 1995).
Although long-term care is not limited to the elderly, as long-term care is also needed by anyone who need assistance in every day living as a consequence of disability regardless of age - disability happens more often in those who are older, specifically if they reach the age of 65 and up (Johnson, Toohey and Wiener 1).
The author states that the expense of providing healthcare services is spraining government and family budgets, as costs soar due to rising pharmaceutical drug prices, provider services and inflation. Long-term care involves a wide range of services for people who require caregiving support on a routine basis.
The old people for instance have most of their body functions and movements slowed down by the age and hence require round-the clock watch to ensure they lack nothing and they get all the support they require (Singh 2010).
The two articles have also changed my
Long Term Care insurance policies help many individuals to receive the expensive nursing homes and assisted living facilities. Long term insurance solves one of the biggest fears of Americans to spend all their life savings on expensive nursing costs and medical bills. Insurance is a way through which Americans can cover their expenses.
The world is an aging society and the United States is not exceptional. Research shows that by the year 2050, the number of older people is expected to go high by 135%. Long Term Care Continuum refers to the medical and social care services that are meant to support the needs of people living with chronic health problems.
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