Question

Nurses with a baccalaureate degree have much more knowledge of finances and are the eyes and ears of the unit. How do macro level financial issues affect micro level financial issues? What does this even mean? And one mini question, should we have our medical history microchipped onto our body?

Answer 1

The baccalaureate nurses are prepared in such a way to work in all sector of the health care.So they have a broader knowledge about the level and necessity of care in each department. Hence they can improve quality of care by proper follow up and doing their needs hence bringing down the cost

Microfinance means it handles smaller financial needs of individual.

It is community based

people who cannot afford and access bigger health care expenses.

they finance for microcredit, micro saving,microinsurance

Macrofinance are the one which meets the financial need if a larger group or nation wide

Medicare

Medicaid

Microchipping onto the body is the most advanced technique in health care for tracking health status.It was actually used in animals for reaching them wherever they are and also tracked health status.It will be useful if implanted chronic life threatening diseases to track records however it has its own disadvantage of inserting a foreign body in human who is healthy or not.