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About Paying For Health
This document discusses four fundamental principles of healthcare financing: 1) Healthcare is not free and requires funding through taxes or other means. More services require more funding through higher taxes. 2) Resources for healthcare are finite but demand is infinite, requiring rationing of services. Rationing is necessary but should be done well. 3) Some form of risk pooling and insurance is needed to protect against financial ruin from unexpected medical costs. However, subsidies need reform as most only cover inpatient care while more treatment is now outpatient. 4) While innovation is needed, the economic fundamentals of limited resources and need for rationing should guide healthcare financing reforms. Fancy solutions won't work without solid fundamentals.
Detailed Information
| Author: | ['delap05'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 1 |
| Language: | English |
| Format: | |
| Price: | FREE |
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