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Showing posts with the label healthcare

A better forecast for individual health insurance

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  Like millions of Americans, Dr. Matthew Boente is very much optimistic about the country's healthcare system now that Joe Biden has been inaugurated as the 46th President of the United States. There is an air of hope and change, which has a lot of people looking forward. Image source: thebalance.com The fact is, for many years, many Americans have not been able to afford health insurance, given the enormous cost of premiums and deductibles. Another truth that many people have found disappointing is that Barrack Obama's Affordable Care Act or ACA has been all but affordable for the masses. Joe Biden seeks to rectify this, but not by scrapping the ACA, like what several politicians from both sides would prefer the newly inaugurated American President to do. Biden's plan involves modifying the ACA, citing that the Affordable Care Act has brought about, even with its flaws. The strategy now seems to be geared toward creating more options for people when it comes to heal...

Three things Joe Biden will be fixing with America's healthcare

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  America has a new president in Joe Biden. According to Dr. Matthew Boente, MD, this holds a huge promise for the healthcare industry, among others.  Image source: cnn.ph To illustrate the point further, Dr. Matthew Boente, MD, looks at three key actions of Joe Biden for America's healthcare. Biden’s plan includes building on Obamacare. It's no secret that the Trump administration wanted nothing to do with Obamacare or the Affordable Care Act. Dr. Matthew Boente, MD, explains that even if Obamacare had holes in its plan, Biden recognizes that building on it will bring better results. One thing everyone can look forward to is the elimination of penalties for those with pre-existing conditions.  Image source: economics21.org Biden's plan will reduce the price of insurance. Probably, the one thing Americans are most excited about is the reduction in the price of health insurance. Biden sees expensive insurance as downright unfair to people who need to pay an...

A number of issues that Biden’s healthcare strategy aims to address

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  Looking ahead, the next 4 years seems to be in for an upturn, thanks in large part to Joe Biden recently bagging the American presidency over rival Donald Trump. The biggest reason for the positive outlook that keeps medical experts, like Dr. Matthew Boente, MD, very hopeful is the plans of Joe Biden to address some gaps in healthcare today.  Image source: cnn.ph Unaffordable healthcare One of the most important things, if not the most important thing, that a person can own is his or her own life. Along with this comes the right to live healthy and safe for many years. Recent times have made achieving this very difficult for the average American. For Joe Biden, putting a very huge price tag on health is not only impractical, it is simply unfair, too. Joe Biden intends to make healthcare affordable enough, such that any American family doesn’t have to spend more than 8.5% of its income on healthcare. Image source: economics21.org Penalties for pre-existing conditions...

American healthcare spotlight: The importance of Biden's plan

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  No matter the result of the American presidential elections, one thing is certain – changes have to be made to the American healthcare system. And Dr. Matthew Boente, MD, firmly believes that these changes have to be based on Joe Biden's healthcare plan.  Image source: nytimes.com For today's blog, Dr. Boente outlines a few specific reasons Biden's plan should be based on the American healthcare system overhaul.  Biden's plan will inevitably put pharmaceutical companies in check. With the prices of healthcare at an all-time high, most Americans have it pretty rough. Through desperation, some people even travel beyond the country's borders in search of affordable prescription medication. Other Americans even take half the prescribed amount just to make their supplies last a little longer.  Image source: epicmag.org Biden's plan will enable the government to strike deals with Big Pharma companies to lower prices, a plan which other countries are already...

Beyond 2020: How can Joe Biden's healthcare plan benefit Americans in need?

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For 27 years, Dr. Matthew Boente MD worked as a gynecologic oncologist, and for a year, he worked in the biotech industry. As a recently retired medical professional, his goal is to advance medicine and healthcare in the U.S. During his time in the biotech sector, he saw how healthcare was declining and how medicine prices are rising. With the situation the world is facing these days, the U.S. needs affordable and accessible healthcare that will ease their worries about the future. The country also needs to boost its primary care, especially in rural areas. Image source: federaltimes.com Image source: businessinsider.com The passage of the Affordable Care Act in 2010, over 100 million people were freed from insurance-related worries such as higher premiums or coverage denial due to pre-existing conditions. Children up to 26 years old also have the option to stay under their parents' plans as they transition from school to the workforce. Since there's sti...

What to expect when studying health economics

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There is a multitude of branches one can follow when studying medicine. From knowing the intricacies of the brain to specializing in children’s medical needs, modern medicine has its work cut out in terms of keeping everyone healthy. But what about the backbone of medicine itself? Who takes care of hospitals, clinics, and other healthcare facilities? While administrative staff help with running these facilities, health economists can assess situations to challenge and improve the status quo, explains Dr. Matt Boente MD. What can you expect to learn when studying health economics? Image source: knowledge.insead.edu Image source: mit.edu Health economics is an economics branch that affects healthcare and healthcare systems and facilities in terms of effectiveness and value. In the most basic economic terms, health economists are there to make sure prices are fair in terms of the value patients are given. This is often attributed to the demand for healthcare in certai...