Congressional Budget Office Assessment Answer

1.Select a health care facility or service (e.g., hospital, physician practice, long-term care facility, ambulance service, pharmacy, or skilled nursing facility), and evaluate the effects that implementing the health option would have on a health care facility or service you selected.
2.Write a 350-word article about your evaluation and proposed changes to the facility or service that can help curb negative effects.
3.Publish the article on your own social media account (e.g., LinkedIn, Facebook, etc.), or post it on a health care message board of your choice.
4.Include a citation of your article in your assignment.
5.Cite 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).

CONGRESSIONAL BUDGET OFFICE: OPTIONS FOR REDUCING THE DEFICIT

Table of contents

Effects on implementing the Option of imposing caps on the Medicaid on hospitals
Proposed Changes to outwit the negative effects
Reference list

Effects on implementing the Option of imposing caps on the Medicaid on hospitals

There are various parents with dependent children and there are families which have people whose ages are above 65 or families whose income is not proportionate to bear skyrocketing medical expenses. Imposing Medicaid on hospitals will have these following positive effects:
Lower cost of treatment for poor families- People in the United States who belong to the low-income groups are not able to afford the high cost of medical and hospital expenses (Blair, 2016, p.298). If Federal government would impose Medicaid then these low income can get the treatment benefits for some acute diseases.
Increase the chance of survival- if the lower income families are able to get long-term health care benefits at low cost then they would able to get themselves cure from the diseases and their chances of survival would increase.

Affordable hospitalisation expenses- Now a day the hospitalisation expenses are very high. The federal government have introduced ACA or Affordable care act through Medicaid. Imposition of Medicaid would cut down the unnecessary expenses of hospitalisation and make the healthcare facility of hospital affordable to everyone (Burman et al. 2016, p.171).
Along with the positive, there are certain negative effects. The negative effects of imposing Medicaid on Hospitals are:
Extinction of private hospitals- Private health care facility or hospitals has an aim to earn the profit. Imposing Medicare on hospitals would reduce the profit because hospital facility will be subsidised so private entrepreneurs would be discouraged to invest in the healthcare business.
Affect government funds- Excess of subsidies paid through Medicare can lead to more and more deficits in the funds of the federal government.

Proposed Changes to outwit the negative effects

Medicare only for public sector hospitals- In order to curb the outwit the negative effects of introducing Medicare on hospitals, the Federal government should ensure that Medicaid is only given to people who go for public sector healthcare institutions (Soumerai et al. 1991, p.1072). This would reduce the risk of reduction in profit of private healthcare institutions.
Applicable to poor families- In order to curb the negative externality of subsidies through Medicaid, the Federal government should ensure that Medicaid is given to families whose income is less than a considerable level.

Reference list

Blair, H. (2016). ‘The People’s Budget’: Analysis of the Congressional Progressive Caucus Budget for Fiscal Year 2017. Challenge, 59(4), 298-326.
Burman, L. E., Gale, W. G., Gault, S., Kim, B., Nunns, J., & Rosenthal, S. (2016). Financial transaction taxes in theory and practice. National Tax Journal, 69(1), 171.
Soumerai, S. B., Ross-Degnan, D., Avorn, J., McLaughlin, T. J., & Choodnovskiy, I. (1991). Effects of Medicaid drug-payment limits on admission to hospitals and nursing homes. New England Journal of Medicine, 325(15), 1072-1077.