Tuesday, September 10, 2013

Health Care Economics

Healthcare EconomicsThe U .S . government s decision to finance the health care services of the poor and the elderly can be attributed to the ontogeny role of the law . Medicare was designed to resemble the health plans of the ghastly Cross and the Blue Shield (Bloche 2003 . Hospitals collaborated with physicians to enable health consumers to position protection from the monetary burden of unpredictable costs of healthcare without the price competition among healthcare providers . The role of government has summation in importance due to the continued rise in healthcare costs .Medicare is a more affordable health plan than the ones provided by private health insurance companies . In 1983 , Medicare shifted its reimbursement form from a frame of retrospective cost reimbursement to prospectively stony payments base d from the diagnosis given to patients . The change in the system of reimbursement minimized the occurrence of litigation of such issues . The beneficiaries of Medicare were given the liberty to choose healthcare providers .
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Medicare also allowed healthcare providers to participate in the program unless they were disqualified by the government for a cerebrate cause . The government in this regard , lost the powers amaze those available to private payers as protection from exploitationThe concept of the troika party payment system revolves around the idea of monetary contributions are gathered from different types of population groups regardless of the healt! hcare requirements of the population members (McPake 2008 . These monetary contributions are in turn collected by third-party payers like the government or insurance companies . The financial resources...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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