Healthcare Systems Vs. Healthcare

1241 WordsApr 30, 20175 Pages
Introduction There is a variety of healthcare systems around the world that have similar features but also many differences. The purpose of this paper is to compare various components of healthcare systems in Australia and the U.S and reveal strengths and weaknesses in both systems. United States Capitalism, entrepreneurialism, individualism, and belief in technological and scientific advancement have shaped the U.S healthcare system and still impact how health services are provided to the American population. In the U.S, the responsibility of healthcare is distributed between the government, employers, and individuals. Through the enactment of the Affordable Care Act (ACA) in 2010, federal and state programs under Medicare, Medicaid and…show more content…
In 2015, 47% of the Australian population had private coverage and about 56% had public coverage (The Commonwealth Fund, 2016). Patients who require hospital services have the options to receive treatment as public or private patients. Public patients are fully covered through Medicare and private patients benefit of a 75% fee coverage (The Commonwealth Fund, 2016). The U.S. In the U.S, health insurance coverage can be publicly-funded or private, with the majority of people acquiring private health insurance through their employers. In 2015, the rate of private coverage (67.2%) was higher than that of government coverage (37.1%) (U.S Census Bureau, 2016). Furthermore, the U.S census bureau reports that from 2014 to 2015, rates of uninsured decreased from 10.4% to 9.1% (U.S Census Bureau, 2016). Even though uninsured rates decreased, racial minorities in the U.S observe higher rates of uninsured compared to non-Hispanic whites. In 2015, Hispanics had the highest uninsured rate (16.2%), followed by Blacks (11.1%) and Asians (7.5 %) compared to non-Hispanic whites (6.7%) (U.S Census Bureau, 2016). Financing structure The U.S. In the U.S, healthcare is financed through government programs or private insurance. Medicare and Medicaid are the two major government-funded programs. On one hand, Medicare finances healthcare for disabled individuals, people 65 years and older, and people with end-stage renal disease
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