Medicare Medicaid and the Health Insurance Portability and A

Medicare, Medicaid, and the Health Insurance Portability and Accountability Act (HIPAA) have had significant impacts on the healthcare industry. Identify the most significant benefits that Medicare, Medicaid, and (HIPAA) have brought to the healthcare industry and the most significant challenges they have presented to decision making in the industry.

Solution

Medicare, medicaid and HIPAA has brought many changes in the healthcare industry as many people are getting benefitted by these. The most significant benefit is that best treatment is being available to everyone irrespective of their financial ability and hence more lives are being saved. The most significant challenges presented by these are some times healthcare centres are coming into dilemma whether to admit the patient or not because of the rules and regulations even when the condition of the patient is severe. They demand papers to claim the benefits and if they are not present they refuse to treat the patient which is problematic for the life of the patient. This situations must be avoided and measures need to be taken to avoid these circumstances.