The Patient Protection & Affordable Care Act (Obamacare) is one of the most heatedly debated healthcare legislation in the history of our country. Every professional within this industry should have a solid grasp of its existing framework regarding jobs and how the process currently works.
Health care professionals, health care analysts, and political analysts all seem to be in agreement on one point – This act is a definite landmark within the annals of our American healthcare. It was modeled on Medicare (this national insurance program has been our mainstay as far as healthcare is concerned for around half a century).
Obamacare has a broad impact on nurses, aid workers, doctors, and the healthcare industry overall. Even the pharmaceutical industry is projected to have to make adjustments.
Some Things to Expect
This Act is projected to cut the remuneration of doctors by as much as 15%. The main reason for this is naturally the costs involved in compliance, not to mention the extensive paperwork involved with treating patients. When it comes to breaching the act and being fined, it is the hospitals and doctors who are the most vulnerable. One benefit that may arise out of the increased scrutiny and focus on compliance could be the decrease in the number of medical malpractice and negligence lawsuits.
We are currently experiencing a shortage of physicians within the U.S. which places more burdens on nursing professionals. We also have a nursing shortage that has been going on for some time now with no end in sight. If there is a silver lining to this, it would be the explosion of new jobs created within the healthcare industry. One of the act’s provisions permits giving coverage to patients who have pre-existing conditions. That has been projected to create thousands of new jobs for trained and qualified nurses. It also increases the value of our experienced nurses.
Whether the promises made by Obamacare come to fruition or not remains to be seen. However, as it is being implemented and the kinks are getting worked out, it gives us something to monitor over the next few years while holding on to hopeful expectations.