How societies pay for health care, and how many resources they devote to health, affects both
the care people can get and its quality.
In most developed countries, health care is paid for largely by the government or an organization associated with it, using taxes collected from citizens. The United Kingdom, or example, has a “single-payer” system in which the government pays directly for care; in France and Germany, the government collects taxes to fund part of the government health care system, and employers and individuals pay for the remainder of the costs directly. In other countries, such as the United States, a portion of the health care system is marketbased, that is, paid for by private entities such as employers and individuals. Even in marketbased systems, the government may provide health care to vulnerable people. For instance, in the U.S., federal funds support Medicare, which covers the elderly and disabled, and state and federal funds support Medicaid, which covers low-income people.
These two broad approaches to financing health care – market-based and government financed – offer different advantages and disadvantages and neither is perfect in all aspects. All societies have to make choices between how broadly to provide access to basic and advanced care, how much to pay for health care and how much and which innovations to make available to patients.
Source :
http://www.jnj.com/wps/wcm/connect/93ee64004f55687aa020a41bb31559c7/financing-health-care.pdf?MOD=AJPERES
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
Leveraged Finance
Leveraged Finance Defined
Healthcare Finance
Asset-Based Lending
the care people can get and its quality.
In most developed countries, health care is paid for largely by the government or an organization associated with it, using taxes collected from citizens. The United Kingdom, or example, has a “single-payer” system in which the government pays directly for care; in France and Germany, the government collects taxes to fund part of the government health care system, and employers and individuals pay for the remainder of the costs directly. In other countries, such as the United States, a portion of the health care system is marketbased, that is, paid for by private entities such as employers and individuals. Even in marketbased systems, the government may provide health care to vulnerable people. For instance, in the U.S., federal funds support Medicare, which covers the elderly and disabled, and state and federal funds support Medicaid, which covers low-income people.
These two broad approaches to financing health care – market-based and government financed – offer different advantages and disadvantages and neither is perfect in all aspects. All societies have to make choices between how broadly to provide access to basic and advanced care, how much to pay for health care and how much and which innovations to make available to patients.
Source :
http://www.jnj.com/wps/wcm/connect/93ee64004f55687aa020a41bb31559c7/financing-health-care.pdf?MOD=AJPERES
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
Leveraged Finance
Leveraged Finance Defined
Healthcare Finance
Asset-Based Lending
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