The financial implications for patients regarding the healthcare system of

The financial implications for patients regarding the

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The financial implications for patients regarding the healthcare system of Great Britain are much less than those of the United States. The National Health System is largely funded through a general taxation, such as sales tax, duty tax, etc., and a smaller portion coming from the national insurance payroll tax. In 2016, every working individual paid approximately 13% of their annual income (Thorlby & Arora, 2016). Patients also need to pay the small copayment for their prescription drugs, and any services not covered by the universal healthcare. Therefore, out of pocket expenses are significantly smaller when compared to the United States. The downside to the NHS is the long wait times to receive services. Since it can take upwards of several weeks to see a GP, obtain tests, or get a referral for a specialist, potentially health problems can worsen leading to an increased financial cost for the patient in the form of more prescriptions or uncovered services.
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ORGANIZATIONAL SYSTEMS TASK 3 7 B. Sources The Commonwealth Fund . (2017). International Health Care System Profiles: The U.S. Health Care System. Retrieved on 11/19/19 from Facts & Figures: The UK Healthcare System. Health Management, Volume 1 (issue 1)Spring 2006 . Retrieved on 11/11/19 from - uk-healthcare-system Health Care in the United Kingdom. (October 28, 2019). In Wikipedia. Retrieved on 11/11/19 from Health Care in the United States. (November 7, 2019). In Wikipedia . Retrieved on 11/11/19 from Medicare. (2019). How to Get Prescription Drug Coverage. Retrieved on 11/11/19 from Medicare Part D Coverage Gap (September 26, 2019). In Wikipedia . Retrieved on 11/1/19 from Montgomery, Kelly. (October 4, 2019). How Referrals Work with Your Health Insurance. Retrieved on 11/12/19 from - 1738605 National Health System (NHS). (April 1, 2019). Referrals for Specialist Care. Retrieved on 11/12/19 from Own Your Health. (2019). Understanding Prescription Coverage. Retrieved on 11/11/19 from Roland, James. (August 14, 2019). The Pros and Cons of Obamacare. Retrieved on 11/19/19 from Thorlby, Ruth & Arora, Sandeepa. (2016). The Commonwealth Fund . International Health Care System Profiles: The English Health Care System. Retrieved on 11/11/19 from US Department of Health & Human Services. (January 31, 2017). Pre-Existing Conditions. Retrieved on 11/17/19 from - conditions/index.html
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