DHA 724 Financing Delivery of Health Care Services Assignment
DHA 724 WEEK 5 Financing Delivery of Health Care Services Assignment
Refer to the University of Phoenix Material: Financing Delivery of Health Care Services.
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DHA 724 WEEK 5 Financing Delivery of Health Care Services
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Who pays for Health Care?
Financing schemes for health care are the arrangements through which people pay for and obtain health services. There are three main categories of financing scheme: Government & compulsory schemes (HF.1), Voluntary health care schemes (HF.2) and Direct payments by households or Household out-of-pocket (HF.3). Further details are available in the background notes.
DHA 724 Financing Delivery of Health Care Services AssignmentMost expenditure on health (74%) was financed by government, while voluntary health contributions, which are predominantly private health insurance, funded 14% and the remaining 12% was paid for by household out-of-pocket payments. The share of spending between the classification groups has changed very little over time (see Figure 2.1).
There was a rise of 24% in health spending by government between 2014 and 2018. Private health insurance payments for health care grew by 12% in the 5 year time frame and there was very little change in household out-of-pocket expenditure over this period,
DHA 724 Financing Delivery of Health Care Services AssignmentMost of the revenue for the government’s expenditure on health care came through internal government transfers, social insurance contributions (such as PSRI) cover a tiny percentage of government spending on health care (1%). The revenues of the Voluntary Health Contributions are predominantly voluntary prepayments for health insurance premiums,
Health care systems may be financed in various ways, including through government funding, taxation, out-of-pocket payments, private insurance, and donations or voluntary aid.