516 Executive summary

Executive Summary Student’s Name Institutional Affiliation Course Code and Name Professor’s Name Due Date Executive Summary This executive summary provides insight into how Medicaid discounting has affected the organization's finances and the health population served. It details how Medicaid has affected the organization's ability to offer full services to the population of Texas and its environs. As a full-service hospital offering specialized treatment, surgical services, emergency care, and maternity care, the organization’s operation is significantly affected by Medicaid discounting. Medicaid has affected the organization’s capacity to meet its expected bottom line because of some of the cuts that it offers. For instance, Medicaid’s discounting model offers reimbursements to health facilities at relatively lower rates than the market value (Hsiang et al., 2019). Moreover, although the reimbursement rates are designed to control the program costs, they can indirectly result in limited access to care. The Texas federal and state healthcare policies influence the consumers’ costs differently. For instance, through federal and state policies, Texas has introduced provider reimbursement rates for organizations, implemented prescription drug policies, and Medicaid cost-sharing initiatives. For instance, the provision of generic drugs in Medicaid organizations significantly reduces the cost of medication for consumers in the state (Bendicksen & Kesselheim, 2022). The costs of the generic drugs are slightly lower, although the therapeutic value is the same as brand-name drugs. The Medicaid-cost sharing initiatives policies are important in cutting costs for consumers, although they increase the cost of medication for beneficiaries at the lowest...