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An Insight into Single Payer Healthcare System for All

Posted by techpatrick on May 24th, 2019

Single payer healthcare is a type of healthcare given universally. It is financed by the taxes which covers the costs for all the essential healthcare for residents hence it is also known as single-public system or single payer healthcare.

These types of health systems may take contract for the healthcare services from the private entities as in the case of Canada or may own and employ their own healthcare resources as in the case of UK. Single-payer is the mechanism in which healthcare is paid only by a single public authority and not the type of delivery or for whom physicians work that may be private, public or mixture of bot.

Description of Single payer healthcare:

Single-payer healthcare for all covers health-care related services wither by a single government or by any government-related source. It is a kind of strategy employed by the Governments of different nations for achieving several goals including the universal healthcare and to alleviate the economic burden on health care. Universal healthcare worldwide was established as a goal of the World Health Organization in the year 2010 and adopted by the UNGA in 2015 for the 2030 agenda as a part of sustainable development.

The system establishes one health risk pool that affects the entire population of any political or geographic region. It also sets one set of rules for all the services offered like reimbursement rates, the drug prices and also the minimum standards for all the medical services required. In the wealthy nations this kind of public managed insurance is extended typically to all the citizens and the legal residents. Examples of these systems include the UK National Health Service, Taiwan’s National Health Insurance, Canada’s Medicare and Australia’s Medicare etc.

The standard usage of the term which is called “single payer healthcare refers to the health insurance as opposed to the healthcare delivery that operates as a public-service and offered to the citizens and the legal residents towards providing universal healthcare. These funds can be managed directly by the Government or by any public-owned and regulated agency.

Single-payer contrasts with the other types of funding mechanisms like the multi-payer (multiple public or the private sources). It can be two-tiered where in the qualifying private coverage is used as a substitute or even as a public source for the catastrophic care backed by the private insurance for commonly provided medical care. In the insurance mandate citizens are required to buy private insurance meeting the national standard. There are some systems that combine the elements of all the 4 funding mechanisms.

There are several countries world-wide that offers single-payer health care insurance programs. These programs provide all the universal healthcare that is implement in different ways. Patient’s Health Care Survival Guide is a fascinated firsthand account of what has really happened to a psychotherapist and social activities who found herself as a patients in managed health-care facilities.

Also See: Single Payer, Payer Healthcare, Universal Healthcare, Single Public, Single, Payer, Healthcare

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