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Health Care Spending - Essay Example

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Summary
As the paper "Health Care Spending" tells, healthcare institutions like Medicare also have recorded slow spending on healthcare costs for every beneficiary. The same good news can be echoed by Medicaid which is also similar to its sister organization recorded low budget spending on health care…
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Health Care Spending
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Extract of sample "Health Care Spending"

The health care law lobbies for spending based on the quality of health care received and not quantity. This has therefore led to improvement of the services being rendered in the health care centers and all these at a reduced cost. The new healthcare act is also making institutions more involved in healthcare issues and ensuring that they devise ways to improve the quality of healthcare and at the same time cut costs.

This has been evident in a hospital in Minnesota where the hospital has resorted to monitoring around 300 of its heart patients from home rather than having them in the hospital. This decision has reduced the hospital's spending associated with admissions and hence in the end saved the country several million dollars which are put into the continual quality improvement of health. This, therefore, continues to be an indication that the new health care law; the Affordable Care Act is working as proposed which was to improve the quality of health care and reduce the costs.

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