Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mandatory private health insurance: to require a specified group of the population to subscribe to a regulated private health insurance scheme for their own healthcare

Mandatory private health insurance: to require a specified group of the population to subscribe to a regulated private health insurance scheme for their own healthcare protection

According to the following eight criteria, does "Mandatory private health insurance" can access the financing arrangements?

  1. Financial stability and sustainability:Is the supplementary financing option able to ensure stable financing for the sustainable development of the healthcare system?
  2. Accessibility of healthcare: Do you want your contribution to provide you with better access to healthcare?
  3. Pooling and sharing of risk: Do you want your financial risk arising from illnesses to be pooled or shared out with others?
  4. Wealth re-distribution: How far do you think supplementary financing should further require those with higher income to pay more for healthcare subsidising those with lower income?
  5. Choice of services: Is the supplementary financing option able to bring about more choice of personalised healthcare services tailored to your own preferences?
  6. Market competition and efficiency: Is the supplementary financing able to bring about a market system that drives competition among healthcare providers and enhance price transparency, quality, efficiency and costeffectiveness of healthcare services?
  7. Utilisation and cost control: Does the supplementary financing arrangement induce the excessive use and lead to ever more costly healthcare for the community as a whole?
  8. Overhead cost:How expensive is the supplementary financing option's overhead costs?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Reform Of The International Monetary System An Asian Perspective

Authors: Masahiro Kawai, Mario B Lamberte, Peter J Morgan

1st Edition

4431550348, 9784431550341

More Books

Students also viewed these Economics questions

Question

7. How can the models we use have a detrimental effect on others?

Answered: 1 week ago