CHAPTER 7
HEALTH CARE EXPENDITURES, FINANCING, AND INSURANCE
LEARNING OBJECTIVES
• To know where funds for health care in the United States come from and how they are expended
• To understand why U.S. health care costs are high and increasing
• To become familiar with health insurance practices and products
• To become conversant with Medicare and Medicaid
• To understand the economic rationale of managed care
• To learn about the problem of unsponsored care and associated issues
• To attain an overview of policy issues related to health care spending, financing, and insurance
HEALTH SERVICE FUNDING AND EXPENDITURES
A review of basic numbers presented in Chapter One highlights the financial importance of health care in the United States. Annual ...
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