Trident University | MHM502, MOD 6, Essay | Health Care Finance | | Horal, Thomas J | 1/27/2014 |
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MHM502 Health Care Finance has broadened my horizons not just on the financial aspect of the Healthcare system, but the Health Care system as a whole. This health care finance course has laid out clear and specific objectives, and insured that the student, has not just a broad overview, but a specific and detailed orientated understanding of all the topics covered. I now have a very clear understanding of not just how health care is financed, but also its distribution across all demographics. Not only is health care financed by both public and private funding, funding can even be broken down further by each state. I have also learned that there are some very key difference when one compares different states to one another. Health insurance coverage in the United States is drastically different among socioecomimic class, race, nativity, and age. I have also learned the differences in fully and self-insured plans and the risks associated with both. Through the modules I have a much greater understanding of the PPACA act and the changes that it imposes, though it seems like in order for this act to have solid effect on the people it is designed to help, it will still need to continue to be molded and adaptive as time goes on. Not only did this course explain how healthcare is financed as a whole it went into deep discussion and thoughts on how specific programs such as Medicare and Medicaid are financed. Medicare being the United States largest health Insurance program. While Medicare provides many services and modules