Financing of Healthcare

Financing of Healthcare

Health care systems may be financed in various ways, including through government funding, taxation, out-of-pocket payments, private insurance, and donations or voluntary aid.

Taking the cost of health care into account is an important part of health care planning.

Costs of health care are higher in the United States than in other countries and put a strain on the overall economy.

These higher costs are regarded by many as unsustainable.

Health care is paid for by government programs (such as Medicare and Medicaid), private health insurance plans (usually through employers), and the person’s own funds (out-of-pocket).

In the United States, health care is technologically advanced but expensive.

Academic level   Undergraduate

Type of paper     Discussion Essay

Discipline   Nursing

Pages         1