Question

In: Nursing

Discuss the importance of ethical principles in healthcare pricing.

Discuss the importance of ethical principles in healthcare pricing.

Solutions

Expert Solution

Answer :-Health care pricing is complex and can be difficult to understand. This guide from the Healthcare Financial Management Association helps consumers better understand their health coverage and what questions to ask their insurer and providers to get the information they need to make health care decisions. It also includes information for the uninsured on questions to ask and programs and coverage options for which they may be eligible.The health care pricing is a challenge at the best of times.

The health care pricing is helps to,
▶ You want to know where to get answers to your questions about healthcare prices
▶ You would like to compare prices for a particular service among providers
▶ You want to better understand, plan, and manage your out-of-pocket healthcare costs
▶ You are covered by a high-deductible health plan

Health plans are designed to include more cost-sharing with their members than they
were years ago. One purpose of cost-sharing is to encourage people to make better healthcare
choices. When consumers share the cost of their health care, they may be less likely to choose care that is of limited benefit to tjem.


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