Production Function Analysis Discussions

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Production Function Analysis Discussions
Medicare is in over its head and if it remains along that path it will go under…

SKU: HSM 544 Production Function Analysis Discussions 2 Week 2 Categories: , Tags: , , ,

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Production Function Analysis Discussions

Production Function Analysis Discussions

HSM 544 Week 2 All Posts – 26 Pages 

I think the aging population is a huge production economic factor that will break the bank for our nation. Imagine that know we have 50 million on Medicare and by 2045 this number will be 90 millions. How on earth are we going to pay for their healthcare costs? Medicare is already financially unstable and in a few years it will go under.

Medicare is in over its head and if it remains along that path it will go under. The federal government needs to figure out what to do contain cost and keep the program afloat, if not it could be detrimental. Private facilities may not want to provide services for Medicare members for fear of not getting paid. As the population ages the number of Medicare members increases as well as the cost, this is why it is important to promote preventative care so that the population would be healthier and would not be reliant on medical care. Though Medicare have good intention, it is quickly becoming problematic and  in jeopardy of increased debt if there isn’t a reform soon...