ipl-logo

The Importance Of Healthcare Financing

220 Words1 Pages
Healthcare financing in its broad sense means paying for health insurance premiums. Providers rely on patient’s insurance status to get reimbursed for the services they provided and there are various methods to determine how providers are paid. Financing has the impact of determining who has access to healthcare and who does not, even though many uninsured have access to charity care it still plays a role for those who remain uninsured. The demand of healthcare is impacted by financing of services, health insurance increases demand for covered services. The demand for healthcare services would be less if services were to be paid out of pocket. Consumers will utilize more healthcare services if it was all covered by insurance which we call moral
Open Document