Question

In: Economics

In the United​ States, most healthcare services are produced by private doctors and hospitals that receive...

In the United​ States, most healthcare services are produced by private doctors and hospitals that receive their incomes from​ _______.

A.private​ health-insurance, governments, and patients

B.only private​ health-insurance

C.only governments

D.50 percent from private insurance companies and 50 percent from patient expenditure

Solutions

Expert Solution

In the United​ States, most healthcare services are produced by private doctors and hospitals that receive their incomes from private​ health-insurance, governments, and patients .

Private insurance may be purchased from profit as well as non-profit insurance companies. Even though there are many health insurance companies in US, a given state will have a limited number only.

The largest government insurance programs include

  • Medicare : Treatment for elderly, disabled, and long treatment people.
  • Medicaid : Treatment for people below poverty line

Health care costs are more in the United States than in other countries and held the overall economy in struggle. It is unable to maintain these higher costs by many people. Health care is to be paid by government programs, private health insurance plans through employers, and the patient's own funds. Health care is technologically advanced in US, but expensive. Over decades, money which was spent on health care has raised higher than the growth of the economy. GDP percentage spent on health care is considerably more than any other nation. Money spent per person on health care is more in US than other countries.

US spends more on health care per person than other countries, many people don't have health insurance. The number of uninsured people reduced because of the Affordable Care Act (ACA), that gets effective in 2014, but recent changes to the ACA may change this trend. Even though they spend less, other developed countries supply universal availability to health care.


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