Explain health care costs in the United States. In the United States, several funding sources are available: publicly funded insurance, privately funded insurance, cash, and charity care.

Select one of the behavioral risk factors from the Healthy Population 2010 Objectives (listed in Table 7.1 on p. 128 of the course text) that is of interest to you.
November 4, 2019
Determine two (2) specific forces in the external environment that will have the most impact on your organization. Provide a rationale for your decision.
November 4, 2019

Explain health care costs in the United States. In the United States, several funding sources are available: publicly funded insurance, privately funded insurance, cash, and charity care.
Overview

Financial aspects of the health care industry are introduced in Week Four. As health care spending has continued to increase over the years, it is imperative that health care administrators understand how it is financed. In the United States, several funding sources are available: publicly funded insurance, privately funded insurance, cash, and charity care.

Insurance is the main source of financing in the health care industry today, and it is important to be knowledgeable of the types of health insurance models available. Some examples include marketplace plans, managed care plans, Medicare, Medicaid, Children’s Health Insurance Program (CHIP), Program of All-Inclusive Care for the Elderly (PACE), worker’s compensation, TRICARE, Veterans Health Administration, and Indian Health Services. As one learns about these different models, it is necessary to understand why they were created. Government funded health insurance models and programs were created to address a vulnerable population whose health care needs were not being met. Privately funded insurance models were purchased either by a group or an individual as a financial protection against loss and risk should a catastrophic health incident occur.

Regardless of the type of health care financing, challenges arise. Health care administrators are continually asked to find solutions to control costs and understand and implement legislative changes as they are adopted into law.


 

PLACE THIS ORDER OR A SIMILAR ORDER WITH NURSING HOMEWORK HELP TODAY AND GET AN AMAZING DISCOUNT

get-your-custom-paper


The post Explain health care costs in the United States. In the United States, several funding sources are available: publicly funded insurance, privately funded insurance, cash, and charity care. appeared first on Nursing Homework Help.

 

"Is this question part of your assignment? We Can Help!"

WhatsApp chat