Future America Elements
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Bending the Curve: Person-Centered Health Care Reform - A Framework for Improving Care and Slowing Health Care Cost Growth

Bending the Curve: Person-Centered Health Care Reform - A Framework for Improving Care and Slowing Health Care Cost Growth | Future America Elements | Scoop.it
In this report, experts from the Engelberg Center for Health Care Reform at Brookings, from Economic Studies at Brookings, and colleagues propose a framework for health care reform that focuses on supporting person-centered care.
Vince Hoang's insight:

Medicare, medicaid and American heathlcare systems are still controversial debates for both policy makers and economists to discuss on long-term sustainable development proposals and short-term trade-off sacrifice actions. It can explain how effective, productive and cost-based heathlcare service providers can serve American patients at three levels of full-paid, subsidized and co-payment methods. 

 

Employers may find their own compromises to cover employees' healthcare insurance premium. Federal and state governments also measure their capabilities of launching healthcare programs at economics of scales and sustainable expenditure expectation. Healthcare service providers also respond with new reforms in treatment methods, prescription standards, technology-driven applications for productivity, low-cost bills and high-quality services. Pharmarceutical companies have invested in R&D lines, also measuring their three conducts - profits, patients and long-term growth. Profits come from sales revenues of precripted medicines. Patients are cured successfully with those qualified and low-cost prescrition. Long-term growth can convince those companies to invest in their R&D facilities for profits and patients' benefits. 

 

In an conclusion, Future America is depended on how private and public healthcare systems can collaborate at a certain levels of sharing knowledge, responsibility and facilities to service patients. Futhermore, new technologies and low-cost medicines can save billions dollars for federal and state governments, including patients' payment bills. 

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Welfare Spending Now Largest Budget Item

Welfare Spending Now Largest Budget Item | Future America Elements | Scoop.it
A new report by the non-partisan Congressional Research Service finds that the largest federal budget item is spending on welfare programs.
Vince Hoang's insight:

Future America is depended on different elements - (a) economic growth to generate tax revenues, jobs and trade gains, (b) international competitiveness in terms of education reforms, foreign trade and financial services, (c) national security in terms of foreign relations, cyberwar capability, conventional war mobility, international intelligence networks, and  competent-and-innovative workforce. 

 

By looking into the government spending budgets, economists and policy makers may have different opinions or opposite standpoints on how to balance long-term sustainable expenditure. It comes to more questions:

 

1. How to adjust tax rates on corporations, individual incomes, sales taxes and gain taxes?

2. How to promote domestic entrepreneurship and job creation mechanism not only for the national GDP growth but also persuade millionaires and billionaires to contribute more to society in forms of scholarship, charity, philanthropy and non-profit organizations? 

3. How to proceed education reforms as direct-and-effective international competitive capability on American students? 

4. How to build a strong and sustainable Future America? 

5. How to prioritize national and private resources in building dynamic and relevant globally competitive industries that not only hire American workers but also reinforce American position in the twenty-first century?

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