What ways can the US be seen to micro-regulate health care? What are some viable alternatives to micro-regulation?
Ways US be seen to Micro-Regulate Health Care American health care is known to be best in the world, but instead of its extraordinary achievements, the cost, quality, and accessibility of American health care have emerged as major legislative and policy issues. Substantial increases in the health care cost have placed considerable stress on federal, state, and household budgets, as well as the employment-based health insurance system. Instead of increasing expenditures, several Americans lack health insurance. With these kinds of issues, the Country government is thinking to micro-regulate health care, which in turn would assist in having a direct control over this sector (Mennen, 2010). The need of micro regulates this sector is because of more competition between health plans. Today, most of the health plans compete on the basis of price; there is a need to identify the ways which can control their costs. One way to do this is to closely monitor the services provided by their provider panels, which needs a vast deal of oversight into the doctor-patient interaction (Davis, 2002). Another way is to give financial incentives to providers, specifically for the use of capitation payment. To make sure that quality is not compromised, government supervision is essential
