I will pay for the following essay Legislation on Cost Containment. The essay is to be 5 pages with three to five sources, with in-text citations and a reference page.Download file to see previous pag

I will pay for the following essay Legislation on Cost Containment. The essay is to be 5 pages with three to five sources, with in-text citations and a reference page.

It is known that in the absence of quality healthcare leading to improved health of citizens, rate of productivity in all sectors of the economy will be affected (Bodenheimer, 2005). In contemporary times, therefore, there are several innovative techniques that are used in the provision of healthcare to all people so as to ensure that the general health of the citizenry is improved. While recognizing the need for improving healthcare, sight must not be lost of the need to consider the readiness of the healthcare recipients to afford the cost of healthcare given to them. This point is made against the backdrop that, as much as the need to promote quality healthcare is appreciated, there is also a growing phenomenon – only a few people can afford the healthcare provided because of rising health care and health insurance costs (Guo, 2008). Invariably, people are either receiving quality healthcare or receiving nothing at all. This is not a very good situation, as quality healthcare has to become accessible and affordable to all people. To salvage the situation, a number of health care cost containment ideas have been put forward for consideration by most levels of the legislature in the country. With Maryland State in mind, it will be said that some of these ideas on cost containment would be more suitable than others. 3.0 Landscape To cut down on the cost of healthcare and still maintain the quality, it must be remembered that there are a number of key stakeholders whose roles cannot be ignored in any way. First is Maryland State as a community. Maryland is considered as the beneficiary community which should have the right of a stakeholder and thus have the right to decide on the kind of cost containment that best meets the community’s socio-economic status. The role of the community as a stakeholder is, therefore, to give the final approval of whether or not the selected cost containment is suitable for them. Other stakeholders include the state government, which will be a major financier of the cost containment strategy. For any major health reform policies such as cost containment, the local government ought to be given enough stakes in deciding on the merits and demerit of the strategy to the long-time strategic plan and budget of the local assembly (Simonet, 2005b). It is for this reason that the input of the local government as a stakeholder cannot be ignored. Furthermore, healthcare facilities and healthcare providers remain important stakeholders in the current cost containment strategy that is to be legislated. Health facility operators including doctors, nurses, ward assistants, pharmacists, surgeons, hospital administrators and others who will be working directly on health insurance must be considered before any strategy is approved. A typical scenario of a problem that can arise if these people are ignored as stakeholders is that there may be the approval of a cost containment strategy that will make healthcare so accessible that demand for health facilities will exceed the amount of services that can be provided, and so the quality will eventually have to be compromised (Hodgkin, 2004). 4.0 Options 4.