Healthcare Finance (Coursework Sample)

Healthcare Finance
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Healthcare Finance
The Supreme Court’s ruling that upholds the Affordable Care Act in particular for the primary care physicians has slightly helped make it clear on their reimbursement. However, the majority of the primary care physicians will have to try to attain balance by juggling their patient mix. The balance they will be attempting to achieve is that between patients who are protected by Medicare and Medicaid and those referred to in the private insurers since these patients have higher reimburse rates. Also, the ruling has put in strict rules that restrict the federal government from expanding the Medicaid coverage. The states that go against the ruling are subject to financial penalties if they choose to extend the Medicaid coverage to their residentsCITATION Kur14 \p 44-86 \l 2057 (Kuramoto, 2014, pp. 44-86).
In the year 2002, a system called Health and Reimbursement Arrangements, (HRAs), was formed with the primary objective of permitting employers to offer pre-tax dollars to their employees. The offered pre-tax dollar is to enable the employees make payment for any medical care and services. The HRAs is an agreement that provides reimbursements up to a dollar to a maximum dollar amount for a coverage period. According to the HRAs agreement, the employer handles paying and should not deduct from the employees pay. The HRAs agreem...