{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

HC ECON Chapter 3 - HC EON Chapter 3 Health Care Financing...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
HC EON Chapter 3 Health Care Financing General’overview’of’health’care’financing how’we’pay’for’care who’pays’for’care ’ ’ how’transactions’between’users’and’providers’are’handled how’many’total’dollars’are’spent’on’care health’care’is’not’a’normal’commodity’or’service’because’of’two’features: 1. need’for’health’care’varies’starkly’from’one’individual’to’another 2. the’cost’of’health’care’is’very’high’and’many’people’just’could’not’afford’it’if’they’had’to’ pay’each’time’they’needed’a’service to’overcome’the’obstacle’of’high’costs,’the’united’states’has’developed’an’insurance’ system’where’we’collectively’pay’for’serv ices.’ each’individual’pays’an’insurance’company’the’average ’ annualcosts’ of’health’care;’when’
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}