Healthcare Financial Reform Research Paper example
High school
Research Paper
Finance & Accounting
Pages 6 (1506 words)
Download 0
Running Head: Healthcare Financial Reform Name: Institution: Professor: Date: Healthcare Financial Reform Introduction Healthcare systems include organization of institutions, people, and resources delivering health care services in aid of meeting health needs of a certain population (Baker, 2011)…

Introduction

Health care planning and reforms is not revolution but evolutional. Healthcare financial system should be reformed to ensure effective operation of the system. Health coverage should be available to each person even people with low income. The government alone can not provide enough funds for healthcare systems. For effective operation, healthcare systems need financial assistance from other organizations. The existing financial operations are not adequate, and that is why reform is needed. Taxation According to Karl (2010), one of the areas which need reforms is taxation. The current trend in taxation of healthcare services does not promote effectiveness of the operations. Many countries collect an enormous sum of money in taxation of healthcare workers, healthcare insurance and health facilities. The funds collected as tax can source other services in the healthcare systems. Many companies pay wages to their employees, but they do not pay insurance taxes. The employees take care of the insurance taxes which reduce income. The government does not spend the taxed amount in facilitating health services. Many states charge a huge sum of money as a form of tax to individuals establishing health care services system. Those systems include hospitals, clinics, dispensary, laboratory services centre and x ray units. In the establishment of those systems, the government requires a lot of money as tax. ...
Download paper
Not exactly what you need?

Related papers

Gentiva Health Services Financial Analysis Report
The paper is divided into the following sections: background information, revenue analysis, financial analysis and management. Finally, the last section gives a conclusion based on the author’s point of view on the soundness of the company’s activities. Outline Outline 3 Background Information 4 Operating Revenue 5 Financial Management 7 Sources of capital 8 Capital Expenditure Management 9…
Funding Healthcare System, Sharing Risk and Portfolio Theory
10). These processes are vital for the policy makers as well as planners who often face challenges in designing health care funding systems towards meeting the specific social, economics, and political objectives. Many countries are ever under constant pressure in issues related to social policies since they often experience increased expenditure and scarce resources. Nonetheless, the policy…
Financial Transaction Taxes
Research report by Economic & Financial Policies Directorate, Ministry for EU Affairs, Turkey (Economic & Financial Policies Directorate, July 2012. FinansalIslem Vergilerive Avrupa BirligiUygulamas?. Ankara, Turkey) Useful information about taxation. Statistical references to specific issues. Research report by Ernst & Young LLP (Tax Policy Services, April 2012. Financial Transaction Tax, Which…
Finance: Comparative performance of private and public healthcare systems
Oil producing countries are nations that mine oil as one of their most important export commodity. Despite the amount of money that they receive from the oil they are the countries that are most afflicted with conflicts and corruption. Their governments also mainly focus on oil production instead of other aspects of the economy, this leads to them importing most of their food products and other…
Healthcare Budget
In their place, it is always important to put structures that help in the effective creation and monitoring of the operating budget. To this end, this is going to be a paper that does not only prepare a comprehensive operating budget based on the previous year’s projections but it would also be a document that critically identifies some of the effective financial management practices that could…
public private partnerships in healthcare sector in middle income countries
As well, theoretical as well as empirical studies point to the potential contribution of private sector to reforms aimed at improving the quality and accessibility of health systems. The focus of the study is the increased focus of public-private partnerships (PPP) as a way of increasing capital finance as well as improving the efficiency and quality of service provision in low and middle-income…
The public-private partnerships in healthcare services in middle income countries.
The cost of spending for drugs and treatment for diseases indicate that higher costs for drugs and treatment would mean a greater burden for both low and middle income countries. The persistent and polarizing debate on health issues experienced by most countries of the world include the significant roles and the balance needed to protect the public and the private sector in securing health…