It is no surprise that bad ethics affect everyone negatively, especially companies. Bad ethics within a company can result in fines, jail, or other consequences; however, bad ethics in health care can greatly affect someone’s life and possibly their ability to receive adequate health services. Additionally, corporate compliance with things like the Health Insurance Portability and Privacy Act (HIPAA), policies of the Department of Health (DOH), and other major organizations and federal policies is just as important as maintaining an good ethics, as non-compliance can also result in fines, violations, and other consequences that are detrimental to individual’s and their ability to obtain proper health services.
Health care is an always changing entity as well, as in the last four years the Obama administration has made drastic changes within health care that increased focus on health care fraud and financial crimes. Due to these changes, corporate compliance and ethics in health care has become very important. Here are a couple of reasons why ethics and corporate compliance in health care is good for everybody.
* Corporate compliance with federal health care standards helps keep the entire health care system running smoothly and effectively. Proper compliance aids in the issuing of grants, eases the process for individuals when paying for services, and helps those who try and regulate the entire industry. When corporations are in compliance with health care regulations issues like reimbursement, grant accounting, care management, meeting Occupational Safety and Health Administration (OSHA) standards, and joint commission on accreditation of healthcare organizational standards and licensure becomes much more efficient and easier to effectively implement in the corporate structure.
* Federal government courses like Medicare and Medicaid insurance courses help disadvantaged and elderly individuals to receive the proper health care that they require. However, bad ethics including fraud can drastically reduce the number of resources that these individuals rely on to receive healthcare. Essentially, cases of fraud and bad ethical behaviour greatly affect the people who absolutely need healthcare for their welfare and even their life. Doctors other healthcare professionals are certainly capable of abusing this system as well, sometimes inadvertently. A doctor may charge Medicaid for treatments or products that aren’t necessary to the patient’s condition, which therefore only serves to reduce those resources that are absolutely necessary to the patient’s condition. Sometimes, even these types of cases don’t constitute as fraud, but will nonetheless greatly affect the entire health care system.
The entire health care system is incredibly delicate while having great potential to improve; however, since many that take advantage of the system for financial gains or are ignorant of federal policies that protect patients, the health care system continues to not be as effective as it could be. Training courses in this field will only help corporations and individuals to be aware of these issues and therefore will aid in improving the national health care system. A more effective and efficient health care system will only improve the standard of life for everyone.
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* This video outlines ethical egoism, one of the teleological theories of ethics.
Ethical egoism is a theory that is based on self-interest. That is, the pursuit of self-interest is considered ‘ethically correct’ since this theory assumes that everyone acts in their own self-interest. Before we look at ethical egoism in more detail, let’s look at the entire concept map of all normative theories so we know exactly where ‘ethical egoism’ fits in.
There are two broad categories of normative theories, namely: teleological and deontological theories.
Ethical egoism is subset of teleological theory.
So, we know that ethical egoism is a normative theory which means it is theory that focuses on how people SHOULD or OUGHT to behave.
We also know that it is a branch of teleological theory. This means that it focuses on consequences and the outcomes of a decision
rather than on intention.
As stated earlier, ethical egoism is a theory that is based on self-interest.
That is, the pursuit of self-interest is considered ‘ethically correct’ since this theory assumes that everyone acts in their own self-interest.
It is important to note that ethical egoism is still a normative theory and should not be confused with psychological egoism. Psychological egoism describes how people ACTUALLY behave whereas normative theories describes how people SHOULD behave.
So, according to ethical egoism, it is ‘ok’ or ‘acceptable’ to make a decision or choose an action that benefits one’s self.
The pursuit of self-interest is choosing an option that would result in the decision maker receiving the net benefits. Selfishness refers to the lack of concern for the values of others. It refers to someone who does not care about others and does not care about fairness.
Let’s build on the foundation of self-interest’ and consider the concept of ‘enlightened self-interest’.
Enlightened basically means being aware and informed and having an all round insight.
So if we add this to our current understanding of self-interest, it means that we are well aware off and informed about our actions and decisions that would result in present or future self-interest.
‘Enlightened self-interest’ might be applicable in John’s case, and he may decide to share without any prompting. However, if John is not old enough to understand, and acts selfishly, then his parents will probably help guide his decisions about sharing – because they understand the problems linked to being selfish and the benefits attached to sharing. They will be the ones demonstrating how enlightened self-interest works.
To recap, ethical egoism is a teleological theory. In terms of this theory, the pursuit of self-interest is ethical but this should not be confused with selfishness.