Assignment: healthcare costs
Assignment: healthcare costs
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HCM-491
UnitedHealth Group is one of the managed health care organizations based on Minnesota. It deals with a spectrum of products and services using two operating businesses including UnitedHealth care and Optum where the two are subsidiaries of UHG. This organization is the parent of United healthcare that is the largest single health career in U.S. this group normally serves 70 million people in estimation throughput the country. Today, there is a report that there has great growth together with market share expansion. In 2015, the group grew to serve many than before and the management was better since there was lower healthcare costs. Also Optum brought strong organic growth on earning from the operations in 2015.
Milestone One: Profile
There are modest goals such as to improve the lives of others, advance the type of health care forever and so on. To do this and more will be supported by the environment which is will be empowering you to be the best.
To include there is a financial need where one can tell the manager about any business opportunity that he/she has come across while still in the job in UnitedHealth Group. Such as special pharmacy.
Moreover, there is a relaxed work environment. The room for growth will be high due to what the firm offers in return. Everything has it’s limitation since the firm has its downside which is the medical insurance and management but the payment is the best and also has good security.
Healthcare Need or opportunity
Modern Pharmaceutical drugs are providing important cures and treatment, with new remedies expected to come in future. Unfortunately, annual costs for some drugs may reach $35000 and in some cases can exceed $ 100,000. right now these drugs are occupying about ¼ of the total drug expenditure in U.S. and spending is expanding at a high rate even the growth rate of traditional drugs has reduced.
Millstone Two: Draft of Evidence
The issue on draft evidence is brief and contains new information from UnitedHealth Group on current trends.
If there is implementation of affordable care act, the organization is capable of expanding the health insurance coverage and innovations in its service. This is my initiative and it will advance Medicare whenever there are challenges.
Development of the initiative
The population to be served are the old, young and pregnant women
The initiative I have will solve the financial need as
people will be helped by Affordable Care Act.
My initiative will be tracking the costs.
My goals at this Pont is to provide high quality care,
reduce costs and achieve healthier outcomes.
My initiative is focusing on these goals. Also there
will be monitoring of key performance metrics
as health care access and quality, costs, outcomes
from the organization and population.
Since spending on health care in U.S is higher than
other countries, my initiative will cater for this so that
the financial impact will be balanced.
This initiative is very unique as it is developed with
funding from private sector individuals.
There is evidence showing that U.S Prices incompatible with one another for same devices and pharmaceuticals. My initiative is aiming at strengthening the capacity of the organization by having a good relationship with other staff, federal and state officials.
Milestone Three: Draft of Implementation Plan
The initiative is might be facing problems where it needs one to differentiate between whether it is research and non-research initiative.
On the other hand, I have attempted much efforts to come up with criteria that clearly make this differentiation but it has been unsatisfactory.
In regard to this initiative there is much time taken to determine whether or not the initiative meets the requirements for REB review.
To address all these, I have developed a model of ethical reflection and review which takes an integral approach for all evidence generating my initiative.
Problems and solutions
the specific goals and milestones of implementation
