Skip to main content

Business Finance EBK HEALTHCARE FINANCE: AN INTRODUCTION

Whether insurer has greater impact on healthcare reform or provider. Introduction: Insurer can be defined as a company or a person that underwrites the risk associated with the insurance. In other words, it is a company or person that enters into a contract to provide cover in case of damage or loss. It can be concluded that due to health care reform the major impact would be on the insurer. Health care reform forms part of the government policy that affects the delivery of health care. Such reform strives to ensure that maximum population get themselves enrolled for health care coverage either through private insurance companies or under public sector insurance programs. The purpose of health care reform it to provide all legal residents and US citizens access to improve care and quality, reduce cost of health care, affordable health insurance. The major impact of the health care reform would be on the insurer because as required by US law, it is mandatory for all citizens to have some sort of insurance coverage for their health.

Whether insurer has greater impact on healthcare reform or provider. Introduction: Insurer can be defined as a company or a person that underwrites the risk associated with the insurance. In other words, it is a company or person that enters into a contract to provide cover in case of damage or loss. It can be concluded that due to health care reform the major impact would be on the insurer. Health care reform forms part of the government policy that affects the delivery of health care. Such reform strives to ensure that maximum population get themselves enrolled for health care coverage either through private insurance companies or under public sector insurance programs. The purpose of health care reform it to provide all legal residents and US citizens access to improve care and quality, reduce cost of health care, affordable health insurance. The major impact of the health care reform would be on the insurer because as required by US law, it is mandatory for all citizens to have some sort of insurance coverage for their health.

Solution Summary: The author explains that insurers have greater impact on healthcare reform than providers. Health care reform is part of the government policy that affects the delivery of health care.

EBK HEALTHCARE FINANCE: AN INTRODUCTION

EBK HEALTHCARE FINANCE: AN INTRODUCTION

6th Edition

ISBN: 9781567937428

Author: Gapenski

Publisher: YUZU

See similar textbooks

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

Blurred answer

Chapter 1, Problem 11.1STQ

Chapter 1, Problem 11.3STQ

Students have asked these similar questions

What is the importance of insurance companies?

What levels and kinds of risks are properly and mosteconomically passed on to insurance carriers?

How does the imperfect information in insurance markets cause an increase in health care costs? Explain with great detail.

Chapter 1 Solutions

EBK HEALTHCARE FINANCE: AN INTRODUCTION

Ch. 1.1 - Prob. 1.1STQ Ch. 1.1 - Prob. 1.2STQ Ch. 1.1 - Prob. 1.3STQ Ch. 1.1 - Prob. 1.4STQ Ch. 1 - Prob. 1.1STQ Ch. 1 - Prob. 1.2STQ Ch. 1 - Prob. 1.3STQ Ch. 1 - Prob. 1.4STQ Ch. 1 - Prob. 2.1STQ Ch. 1 - Prob. 2.2STQ

Knowledge Booster

Background pattern image

Similar questions

SEE MORE QUESTIONS

Recommended textbooks for you

Personal Finance
Finance
ISBN:9781337669214
Author:GARMAN
Publisher:Cengage

Text book image

Personal Finance

Finance

ISBN:9781337669214

Author:GARMAN

Publisher:Cengage

SEE MORE TEXTBOOKS