Central features of all approaches to financing healthcare

Because costs of healthcare are not equally

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Unformatted text preview: re act Features of pooling: “pooling” = methods for combining, sharing, and organizing funds pooling shares risks: healthy help pay for sick (creates a risk pool) rich help pay for poor (provides a subsidy to poor) taxing = pooling why does pooling matter? Because costs of healthcare are not equally distributed, 1% of people use 30% of total cost of healthcare. Significance of alternative poolign methods: They affect: Equity Availability of funds to subsidize poor Amount of funds that are shared/size of risk pool Socio- economic groups typically covered Requirements for trust, community solidarity Use of services: Rules for what services are...
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This document was uploaded on 04/01/2014.

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