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Compare And Contrast The Three Primary Forms Of Healthcare

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Assignment 2.1 By Asmita Neupane University Of the Potomac HLTH110: Online Introduction to Health Services Administration Prof. Dr. Charm Times 03/15/2024 Abstract This paper examines the three primary forms of health insurance available in the US: voluntary health insurance, social health insurance, and welfare medicine. Each variety is examined along with its features, benefits, and drawbacks. The majority of voluntary health insurance is supplied by private businesses, and it provides coverage according to each person's preference and financial situation. Medicare and Medicaid are two examples of social health insurance systems that are supported by taxes and offer coverage to certain populations, including the elderly and low-income people. …show more content…

Every model has a different strategy for financing, providing healthcare, and covering it. We can comprehend the complexities of the American healthcare system by investigating their characteristics and consequences. Understanding these models is critical for evaluating the accessibility, cost, and quality of healthcare services across the country. Our goal is to make a valuable contribution to the current discussion in the US on healthcare reform and policy development. Voluntary Health Insurance Insurance coverage that people or corporations buy directly from private insurance firms is referred to as voluntary health insurance. This type of insurance is often provided through employer-sponsored programs or purchased separately on the private market (Treynor, 2024). People will be able to select from a range of plans with varying prices and levels of coverage. The ability to choose is one of the main benefits of voluntary health insurance. Plans that best fit a person's budget and healthcare requirements can be chosen by them. Employer-sponsored plans also frequently provide collective purchasing power, which can lead to employee premium reductions. Furthermore, a variety

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