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The Convergence Of Healthcare Financing And Economic Trends And Forces - Document preview page 1

The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 1

Document preview content for The Convergence Of Healthcare Financing And Economic Trends And Forces

The Convergence Of Healthcare Financing And Economic Trends And Forces

An examination of economic trends shaping healthcare financing and policy.

Benjamin Fisher
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12 months ago
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The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 1 preview imageThe convergence of Healthcare Financing and Economic Trends and ForcesName:Institution
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The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 2 preview imageCurrent health care financing and funding modelsIndividual based model-Services provided by non-governmental organizations-Governance is communal central and membership is by volunteer-Provide healthcare with no profit aimCapital to run individual based model is provided by contributions from wellwishers.The health care covers only those whocontribute the funds.Individual based model extend their services to both public and private facilities.strengths and limitations encompass thatmodel .Membership being voluntary makes the model strong but the major limitation is that the model lack homogeinity in areas of benefitprovided, regulation and population covered.
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The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 3 preview imageContinuationGovernment based model-Health care is provided through general facilities-Services are statute mandated-capital generated through taxes contributionGovernment based model funds are collected through taxation. The contribution is from workers of the nation and alsogovernment provide subsidies to cater for the unemployed. Government core role is to formulate and implement policies that guide providers andplans. The pros of that model is that contributors are willing to pay and contributors are given broad package of services.
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The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 4 preview imageContinuationEmployee based model-It is an ancient healthcare financing-Services provided by insurance companies-Services provided to both private and public facilitiesEmployee based model is the well known healthcare financing particularly in countries still developing. It is not a sustainablehealthcare facility and is declining gradually. Alarmed extent of separation is identified between treatment and payment. Employee basedmodel protect individuals from risk especially financial and propels justice.
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The Convergence Of Healthcare Financing And Economic Trends And Forces - Page 5 preview imageKey economic goals of public health insurance plansEconomic goal of public health insurance plan-Provide financial cover incase of unexpected ailment-Research on health to provide quality services-Provide wide variety of services for easier access.The core goal of public health insurance platform is to commence providing quality
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Subject
Healthcare

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