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Single Party Payer Pros And Cons

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Single-Party Payer The current inflation in health care cost in the United States has gotten everyone troubled and in search for new ways to adapt or stomach these constant increases. A recent online article posted on Fortune website states that the expected cost of healthcare would grow 6.5% through the upcoming year (Lorenzetti, 2016). Such concerns have taking to the mainstream of politics as government officials continue to exploit the people’s insecurities, making boisterous promises to provide a more affordable health care system for all. A recent health care system which was proposed to the American people this recent 2016 election campaign is that of a Single-Party Payer. Republican presidential candidate Bernie Sander’s made this …show more content…

The Single-Party Payer is no different and requires a great deal of understanding. The Single Payer provides a great deal of benefits. Under this coverage, everyone is treated equally with disregard to social status and is guaranteed to receive a high quality of service. The billing process in hospitals will also be much simplified, giving the physicians free range to prescribe medicines to patients as they so deem fit. Its non-profit status significantly contributes to the reduction of single health care with no limitations and since the system is government operated, insurance premiums are not evident when compared to private organizations (HRF, 2014). Cons of Single …show more content…

One of this health care’s programs objective is to limit the number of uninsured (Shi & Singh, 2015). This controversial healthcare plan incorporates a privately funded insurance which is paid for through employment and solely by the patient and a publicly funded insurance by the government. Medicare is provided for senior citizens 65 and older, and Medicaid is provided for low income citizens. The federal government and state government both partake in the funding of Medicaid. Although insurance is provided to the low income through Medicaid, the United States continues to suffer from cost escalation spending 17.1 percent of GDP on healthcare in 2013, a 50 percent more than the second nation (Commonwealth, n.d.) The high cost and limited coverage continues to spark up the conversation for a

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