HIPAA and Health Insurance (Essay Sample)

Medicare Future Unsustainability and the Role of HIPAA
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The paper defines and analysis the constitution of Medicare and the process involved in any medical institution. It also focuses on the challenges that affect medical care today and shortly. It develops a critical view on these challenges and seeks to develop a solution. If these challenges are left unsolved, the medical system will cripple leading to uncertainty in future. There is also the need to protect patient(s) personal Bio to avoid getting the information to the wrong people. To safeguard the medical system, HIPAA plays a crucial role in setting national standards which every medical institution is expected to abide. It seeks protects patients insurance, private medical information and insurance policies. It provides guideline’s for Medicare, issues medical reforms and also protects health insurance coverage for citizens who have lost their nationality. HIPAA sets to create a sustainable medical health future prevent violations from direct or indirect medical personnel.
Numerous statements are stated about the Medicare condition in the USA. The questions raised tend to reflect the current and future state of the Medicare system. Uncertainty prevail the argument, as the same ideas keep on revolving around the government. For that reason, it is imperative to comprehend the real definition of Medicare.
Medicare is the Social Insurance Program (SIP) that delivers health coverage to individuals, deprived of their health status and income. The system works in a way that people pay into Medicare during the course of their operational lives. There are some critical challenges the Medicare facing and is set to face shortly. Medical cost and funding prove to be a major problem in the US, especially is the future. It is because the federal government funds Medicare through funding from general revenues, payroll tax income, and premiums remunerated by beneficiaries. There is a necessity to safeguard the recipients,taxpayers, and the economy for the future generations. It is as a result of the constant rise in health care costs, increased in the aging populations and declining proportion of workers to the beneficiaries. Analysts argue that before 2019 the Medicare will be short in funds though little is known about the solution to this crisis.
Therefore, the cost of Medicare needs to be made affordable to bridge the benefits gap. Medicare does not cover up long-term health issues, but only standard drug prescription issues are making it expensive for some individuals. This forces the individuals to search for other insurance cover policies that add an extra cost. The methods of payments have proved to be prone to fraud as they are paid through the private health plans. The enrollees are subject to unfairness, during the Medicare Advantage Plan, on the distribution of extra benefits.
HIPAA was an act passed by President Bill Clinton in August 1996 with the objective to increase the health insurance coverage by Americans and privacy patient information protection. The act covers the employee(s) health protection in case of change of employment and also the self-employed citizens. HIPAA also pursue tax provisions to modify the existing tax laws so with the aim of making medical care...