Long-Term Health Care Industry Essay

Long-Term Health Care Industry
This paper discusses long-term health care industry, including mental health, social support, and residential services provided to temporarily or chronically impaired persons over an extended period.
# 52933 | 2,805 words | 5 sources | APA | 2004 | US
Published on Sep 26, 2004 in Business (Industries) , Medical and Health (Nursing) , Aging (General)


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Description:

This paper explains that the long-term health care industry has been affected by trends towards independence through assisted living and away from institutionalization of individuals with chronic health problems. Because more diseases are now treatable, there has been a significant reduction in the number of persons who require long-term care. The author points out that many older individuals are not prepared to face the costs of long-term care because they think it is already fully covered by Medicare. The paper relates that there is a division in the general health care setting between public and private funding; private funding comes from companies and involves a setting that takes market forces into a greater consideration, while public funding comes from the government and has a more regulatory effect on the general health care setting.

Table of Contents
History of the Provider
Current Role of the Provider in the Health care System
Current Provider Characteristics
Important Issues Facing the Provider

From the Paper:

"In terms of current provider characteristics, there are, as mentioned above, many different types of long-term care. Some examples in the current setting are adult day-care centers and nursing homes, but, also as above mentioned, long-term care is not just for the elderly, but is for all individuals with chronic conditions that mean constant care is necessary. Therefore, the general characteristics of long-term care differ in accordance to what is needed by the individual patient. Also, individuals have many options in allowing for long-term care expenses, but these options are narrowed according to the sophistication of the insurance coverage carried by the individual. Although many insurance companies are now providing better long-term allowances than ever, the premiums and deductibles on these policies are often prohibitive to certain individuals who have limited means."

Cite this Essay:

APA Format

Long-Term Health Care Industry (2004, September 26) Retrieved December 05, 2022, from https://www.academon.com/essay/long-term-health-care-industry-52933/

MLA Format

"Long-Term Health Care Industry" 26 September 2004. Web. 05 December. 2022. <https://www.academon.com/essay/long-term-health-care-industry-52933/>

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