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Essay / Research Paper Abstract
A 3 page research paper that addresses issues in Medicare reform, such as prescription drug coverage and how this impacts long-term care. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: D0_khltcmed.rtf
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Unformatted sample text from the term paper:
Cohen, 2007). This rapid growth in health spending has placed a strain on businesses, which are the main sponsors of private health coverage and has placed an increasing burden on
families and individuals, as cost control efforts by employers and insurers have shifted the responsibility of health costs directly to the consumers (Zuvekas & Cohen, 2007). This has increased demand
for Medicare reform, particularly in regards to issues dealing with long term care and the need for prescription drug coverage among senior citizens. Last year, the U.S. federal government
implemented the first major reorganization of the Medicare system that has occurred in years (Leichter, 2006). This reorganization, referred to as "Medicare Part D," offers two principal changes to the
system as it now stands. First of all, it offers a pharmacy benefit to eligible senior citizens; and, secondly, the indirect effect of this reform effort is that it encourages
the enrollment of Medicare recipients in managed care plans (Leichter, 2006). These effects have significant implications for the nations healthcare system and particularly in regards to long-term care. A
prevalent theme in predictions as to how Medicare Part D will affect the pharmaceutical industry is that experts feel the significance of generic drugs will increase (Leichter, 2006). The
majority, if not all, Medicare part D plans will offer incentives for participants to choose generic drugs. It is believed that "generic drug manufacturers, pharmaceutical companies willing to negotiate discounts
on their products, and companies with unique drugs" may do better in the marketplace, while producing the overall effect of bringing down the cost of prescription drugs (Leichter, 2006, p.
12). Prescription drugs, and the Medicare reform pertaining to this topic, are intrinsic to improving the long-term care in the US due to the prevalence of chronic conditions defining the
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