In: Economics
Outline the rationale for and benefits of a publicly funded health service.
Answer -
Publicly funded health care is a health care financing plan prepared to meet the healthcare needs from a publicly managed fund. It's functioning according to democratic principles and the rights of this fund applying to the whole population contributing to the fund .
The funds normally consider as a non profit trust and payments are made for health care according to the common rules Of members of democratic organisations.In some nations the fund is directly managed and controlled by the government or by an agency for the benifit of all people.
Benifits of Publicly funded health service.
1.It reduces costing of overall health care sector.
2.It creates healthy work environment in the country.
3.It avoids future social costs for medical facilities as advance provision is made for health care.
4.It give directions to people to make use of health facilities properly.
5.It helps in standard health services.