Question

Public vs Private Health Insurance what is the difference.

Public vs Private Health Insurance what is the difference.

Homework Answers

Answer #1

Public health insurance is insurance that is subsidized or paid for entirely by public (government) funds. Private health insurance is paid for in part or entirely by the individuals being covered. Private health insurance can be offered through an employer or can be purchased by individuals.
Public health insurance, like Medicare, is provided through the government, while private health insurance include plans you get through an employer or the marketplace.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
why is it that, despite public and private health insurance programs, some U.S. citizens are without...
why is it that, despite public and private health insurance programs, some U.S. citizens are without health care coverage? please provide 2 references
How is health insurance organized and obtained? What are the different private health insurance markets?
How is health insurance organized and obtained? What are the different private health insurance markets?
What is the difference between a social insurance and a public assistance approach to government-finance national...
What is the difference between a social insurance and a public assistance approach to government-finance national health insurance? Use Medicare and Medicaid as examples.
Discuss private health insurance model.
Discuss private health insurance model.
Opportunity Costs: Explain whether private health care is more costly than public health care because private...
Opportunity Costs: Explain whether private health care is more costly than public health care because private health care providers make profits.
Describe the difference between individual health insurance and employer-based health insurance.
Describe the difference between individual health insurance and employer-based health insurance.
Design an informational resource explaining the difference between public health and personal health, what types of...
Design an informational resource explaining the difference between public health and personal health, what types of jobs are available in the field of public health, what skills and knowledge are necessary to be successful. Design an education tool that informs the general population about public health specifics.
Contrast the efficincy of market provision of public and private goods. what is the fundamental difference?...
Contrast the efficincy of market provision of public and private goods. what is the fundamental difference? how do we measure the value for a market good? how do we measure value for a public good?
In the video on "Public vs Private Sector Investment", what were the two examples given where...
In the video on "Public vs Private Sector Investment", what were the two examples given where massive gov't investment failed, while people using their own money (a tiny fraction as much) succeeded? ____________ and _______________ What key factor is cited for Mexico's economy under performing relative to the US economy? _______________ Link to video: https://www.youtube.com/watch?time_continue=348&v=0Xg4Uq1W4L8&feature=emb_logo
Health insurance is central to any health care delivery system. The United States currently uses a...
Health insurance is central to any health care delivery system. The United States currently uses a mixed system of private and public insurance policies available to its citizens, depending upon age and income levels. All forms of health insurance will reduce out-of-pocket expenditures on the purchase of health care services. Out -of-pocket expenditures are typically perceived as the price of the service, and are most important when making purchasing decisions. Insurance plans are most effective when certain conditions are met,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT