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Home caregivers near Encinitas are at the center of an industry that is struggling with a kind of epidemic: Demand for good health care is high, but the supply is unable to match it. That’s because a number of outside factors, such as the threat of malpractice lawsuits and healthcare rationing by the government, drive health care costs so high that virtually no one can afford it without the aid of some form of insurance. A former official within the federal Office of Management and Budget recently gave an informative presentation which provided an honest but bleak assessment of the current health care situation.
What Reform Would Look Like
In answering the question, “What would reform look like?”, Peter Orszag cited two main changes that should take place. First, effectiveness and incentives for health care providers should be the focus of reform. Second, medical malpractice policy reform is a must. When doctors know that they could easily be sued for huge amounts of money for making the smallest error, they protect themselves by paying for very expensive malpractice insurance.
Why Home Caregivers Near Encinitas Shouldn’t Expect Quick Results
Although these solutions might seem viable enough to home caregivers near Encinitas, Mr. Orszag realistically stated that we aren’t going to see them happen any time soon. Those on either side of the discussion are too far apart to make a compromise that would have the necessary effects. While unfortunate, this situation is likely to remain in place, leaving health care costs high.
Dealing With Health Care Expenses
Individuals and families must find creative ways to face the challenges that high health care costs present. One of those ways is investing in long-term care insurance to make sure that the mounting needs that accompany old age are met. Professional home health care can also go a long way toward reducing injuries that lead to expensive hospitalization and subsequent rehab needs.
You can read more about Mr. Orszag’s presentation on the website FierceHealthFinance.com.