Tuesday, February 18, 2020

Article Review Example | Topics and Well Written Essays - 250 words - 8

Review - Article Example Although the rates are low, the plan is continued to be criticized for its failure to maintain or raise the GDP and worsen the fiscal outcomes. The plan was only seen to raise the economic level at its initial stages of launch when the GDP increased by 8.3% in 2013-14 as compared to2010-11. It seems that the Prime Minister is trying to force this plan which not according to the opinions of the fiscal policy makers however much harm it might be causing to the economic development. The government should apply fiscal policy to come out of the economic problems it’s currently facing and the efforts to correct the situation without consideration of the fiscal policy will lead to the argument that discretionary fiscal policy is unnecessary. The fiscal policy is supposed to be sustainable and cyclic with adjustments to balance the economic situations. Like it had been experienced, criticism like those from Keynesians had brought back the economy to its recovery in the 1980 when the retail price inflation was seen to peak at 21.9%. This was reduced by the action of the bank which peaked its rate at 17%. By so doing, the rate of borrowing was raised hence only few people could afford to borrow funds. This reduces the money supply in the market which further raises the value of money thus reducing the inflation level. The prime minister should not expect monetary policy to achieve much since the debt of the country only changed from over-indebted banks to the over-indebted household borrowing. What the government should do is to use direct monetary financing of even larger fiscal deficits as this is seen to be more effective and less damaging than using looser monetary policy. The prime Minister however do not want to use the monetary and the fiscal policy to change the economy and this has made the UK economy by six times weaker th an it was

Monday, February 3, 2020

Assignment Example | Topics and Well Written Essays - 750 words - 4

Assignment Example One of the various changes experienced by the health care system is the change of continuum of care. Continuum of care refers to involvement of integration of various systems of care that assists patients from time to time through various means of services of health (Columbia University Medical Center, 2012). For example: in the past care was restricted to health care organizations and settings, but now health care providers are needed to provide services at different settings such as home and community centers. Now nurses are required to be culturally competent so they can deal with different patients coming from different cultural backgrounds and understand issues in the context of patient’s culture. The focus of health care systems used to be on helping patients get better, now the focus has shifted to disease prevention and individual well being. Accountability of the health care service providers have even changed. In the past, care providers were paid for their services on the basis of fee for each service. This promoted health care professionals to increase the number of services and they started focusing on quantity of service rather than quality of service. One method used to fix this issue is creation of Accountable Care Organizations (ACOs); such organizations have been promoted and accepted by insurance companies who cover health care and by the government. ACOs are created in such a way that certain amount of service providers obtain responsibility of caring for a batch of patients and focus is on treating and providing health service to the entire batch (Dickerson, 2011). Compensation is paid to these service providers by Medicare and insurance companies in return for saving the expenditure and cutting down the cost of treatment while providing very high quality treatment to the patient. Another new system that is gaining popularity in health care system is patient centered medical homes, this system has not only changed the previous method s of providing care, and it has even increased the required amount of nurses and their competencies (Haney, 2012, p.5). Medical homes comprise of providing health care services in teams, the leader of this team is a physician and his task is to provide health care services to patients on an ongoing and continuous basis with the main aim of achieving higher quality health care for patients. This approach specializes in providing health care services to the youth, kids and adults. An important component of this system is care coordination and for the purpose of care ordination, highly trained staff is required who know how to use technological advancements and they should have the ability to work in teams. Surveys have shown that people have started giving importance to prevention of diseases and well being of individuals over healing diseases, this issue has even been addressed in legislative and funding for prevention has been increased by the government (HelathCare, 2012). The shif t from treatment to prevention and wellbeing of patients and individuals has been given great importance by Nurse Managed Health Care Centers. These facilities charge less than what physician led health care centers charge and there is an increase in demand for such centers because of the continuous increase in cost of health care services. The focus is on care systems that are community based has been increased and more people have been covered through health care insurance