Discuss financing and reimbursement approaches in the US healthcare compared to single payer system. (CLO 1, 2, 3) (20 points)
In broad terms, in the US healthcare system financing includes the concepts of financing, insurance, and payment. Financing enables people to obtain health insurance, and the payment function determines reimbursement and undertakes the actual payment for services received by the insured.
For this discussion, use the information in the textbook and in your learning resources to assess the effect of different financing and reimbursement methods and reflect on the following questions:
How do
different types of insurance plan (public, private, HMO, etc.) determine access to healthcare?
- Your initial Discussion Board posts should be at minimum 250 words. You are expected to conduct independent research on the subject and use two scholarly sources in addition to the textbook. Provide in-text citations and list of references to support your post as required.