Although the benefits are identical with all providers the cost of healthcare

Although the benefits are identical with all

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Although the benefits are identical with all providers, the cost of healthcare premiums differ based on age and place of residence. Swiss residents pay a monthly premium as well as a copay for all services including doctor visits, prescriptions medications and medical devices. Copays are generally 10%. Out-of-pocket medical expenses include, over-the-counter medications, dental care, long-term care and vision care (Sturny, 2017). Per video publication, Sick Around the World, 700,000 Americans file bankruptcy each year in the U.S. due to medical expenses. This is not heard of in Switzerland and would be Updated on 6/15/2018
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ORGANIZATIONAL SYSTEMS TASK 3 6 considered scandalous if it were to happen (PBS Frontline, 2008, 43:07). Americans face the same financial implications as the Swiss- cost of premiums and out-of-pocket expenses. Healthcare in the U.S. is convoluted to say the least. Hospital services are negotiated between the hospital and the insurance companies. Each insurance company may have different rates for each service and prices can even vary depending on the consumers plan. There are a multitude of entities in place to governance the system, yet no one to regulate the cost of insurance premiums or pharmaceutical medications. Choosing the wrong plan is financially detrimental to many Americans each year. Updated on 6/15/2018
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ORGANIZATIONAL SYSTEMS TASK 3 7 References Expatica. (2019, January 29). Healthcare in Switzerland . Retrieved from Expatica: - 103130/#Hospitals PBS Frontline. (2008, April 15) Sick Around the World . [Video File]. Retrieved from Sturny, I. (2017, May). The Swiss Healthcare System . Retrieved from International Profiles of the Healthcare System: ations_fund_report_2017_may_mossialos_intl_profiles_v5.pdf The Commonwealth Fund. (May 2017). The U.S. Healthcare System . Retrieved from the Commonwealth Fund: ations_fund_report_2017_may_mossialos_intl_profiles_v5.pdf U.S. Department of Health and Human Services. (2017, January 31). Coverage for Pre-existing Conditions. Retrieved from U.S. Department of Health and Human Services: Updated on 6/15/2018
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