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UMDC HCAD 640 Medicare Sustainable Growth Rate Discussion

UMDC HCAD 640 Medicare Sustainable Growth Rate Discussion

Peer 1: You raise what I believe is the crucial issue —  ‘in order to have sustainability, Medicare spending cannot consistently exceed GDP.’ Healthcare spending and the impact that it has on economic performance are highly important for a nation’s economy. As you mentioned, studies show that improvements in health can lead to an increase GDP and vice versa because healthcare holds a significant place in the quality of human capital. Foster & Clemens (2009) point out an ongoing debates about 1) what kinds of healthcare spending? and 2) what level of optimal spending is beneficial for GDPs economic development? Medicare is continually undergoing change —as it must— in order to reflect advances in medicine, technology, new healthcare delivery systems, etc. Modifications to the program are constantly a hot topic among policymakers, academic experts, and so on. Foster and Clemens (2009) suggest these debates would be improved if policymakers and the public had a clearer understanding of Medicare and certain common views of the Program’s overall status. To explain, three such concepts: the financial status of the Medicare trust funds, the impact of Medicare on the Federal budget, and the long-run sustainability of Medicare, are often confused with each other and are sometimes used interchangeably. Each concept is important but needs to be used for its own intended purpose, and one point of view cannot be used to answer questions related to the other, i.e., the impact of Medicare spending on the federal budget offers no insight into whether a certain account has sufficient funds to allow payment of benefits and trust fund surpluses (or deficits) reveal nothing about the impact of Medicare on the federal budget. More importantly, sustainability is not the same as adequate financing. A program may be adequately financed but unsustainable. For example, according to Foster & Clemens research, Medicare Part B is projected to always be in financial balance because of the annual determination of financing to meet expected expenditures; but some would argue that Part B is unsustainable because of the very rapid projected expenditure growth. On the other hand, a program might be sustainable, but temporarily inadequately financed.  I think most of us would agree that sustainability is much more difficult to assess because it is a very broad issue and ultimately one that involves ‘societal values.’ There is no agreed-upon standard by which to measure the sustainability of Medicare, yet there is considerable confusion about the differences between the concepts of sustainability, financial status, and budget impact. Foster, R. S., & Clemens, M. K. (2009). Medicare financial status, budget impact, and sustainability–which concept is which? Health Care Financing Review, 30(3), 77–90. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4195070/ Peer 2: Great post! I’m not as experienced in healthcare so I am just learning as I go, but I found it interesting to see how fees for physicians services, the number of medicare beneficiaries, US GDP, and service expenditures are impacting healthcare/Medicare. It is a good thing they offer these programs that could help with managing spending. Thanks again for sharing!

Mastering the Art of Online Learning: Your Guide to Acing Online Courses

Mastering the Art of Online Learning: Your Guide to Acing Online Courses

Introduction

In recent years, the popularity of online courses has skyrocketed, offering learners the flexibility to acquire new skills and knowledge from the comfort of their homes. However, succeeding in online courses requires a different approach compared to traditional classroom settings. To help you make the most of your online learning experience, this article presents essential strategies and tips to ace your online courses.

1. Set Clear Goals and Plan Ahead

Before embarking on an online course, establish clear goals and objectives. Determine what you hope to achieve by the end of the course and break down your goals into manageable milestones. Create a study schedule that aligns with your other commitments, ensuring you allocate dedicated time for coursework, assignments, and revision.

2. Create a Productive Study Environment

Establishing a conducive study environment is crucial for online learning success. Find a quiet, well-lit space where you can concentrate without distractions. Remove any potential interruptions, such as notifications from social media or email. Organize your study materials and have a reliable internet connection to ensure seamless access to course materials.

3. Actively Engage in the Course

Active participation is key to mastering online courses. Engage with course materials, including videos, readings, and interactive components. Take comprehensive notes, highlighting key concepts and ideas. Participate in discussion boards, forums, and virtual meetings to interact with instructors and peers, fostering a sense of community and enhancing your understanding of the subject matter.

4. Manage Your Time Effectively

Online courses offer flexibility, but it’s essential to manage your time wisely to avoid falling behind. Create a detailed schedule, allocating specific time slots for coursework, assignments, and studying. Break down larger tasks into smaller, manageable segments to prevent procrastination. Prioritize tasks based on deadlines and dedicate focused time to each one, ensuring consistent progress throughout the course.

5. Develop Effective Communication Skills

Online courses often rely on written communication, making it crucial to hone your skills in this area. Be concise and clear in your written responses, paying attention to grammar and spelling. Actively participate in discussions, asking thoughtful questions and providing constructive feedback to your peers. Regularly check your course emails and notifications, ensuring you stay updated with any important announcements or changes.

6. Utilize Available Resources

Take full advantage of the resources provided by your online course platform and instructors. Familiarize yourself with the learning management system (LMS) and explore its features. Access supplementary materials, such as textbooks, lecture slides, and external resources recommended by instructors. Utilize online libraries, research databases, and tutorial services to deepen your understanding of the subject matter.

7. Stay Motivated and Engaged

Maintaining motivation throughout an online course can be challenging, particularly when faced with competing priorities or a lack of face-to-face interaction. Set short-term goals and reward yourself upon their completion. Connect with fellow learners through virtual study groups or online forums to foster a sense of camaraderie. Regularly remind yourself of the benefits and personal growth associated with completing the course successfully.

8. Seek Support and Clarification

Don’t hesitate to seek support or clarification when needed. Reach out to your instructors for guidance or clarification on course material. Utilize online discussion forums to ask questions or engage in collaborative problem-solving. Leverage the support services provided by your course platform or institution, such as technical support or academic advising.

Conclusion

Online courses present unique opportunities for self-paced learning and personal growth. By setting clear goals, creating a productive study environment, actively engaging with course materials, and managing your time effectively, you can maximize your chances of acing online courses. Remember to stay motivated, seek support when needed, and make the most of the available resources. Embrace the flexibility and adaptability of online learning to achieve your educational goals.


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