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Funding and Reimbursing Healthcare

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United States vs. Foreign Nations:

Funding & Reimbursing Healthcare Services

United States vs. Foreign Nations: Funding & Reimbursing Healthcare Services

In this document I will discuss the health care system of three foreign nations versus the United States. Specifically, focusing on how physicians and hospitals are reimbursed and funded in the United States as opposed to foreign nations. The three other foreign nations that will be involved in this discussion will be: Germany, Canada, and United Kingdom. Reimbursement/funding of health care services varies from nation to nation. Each of these countries inhabits a different point on the international healthcare continuum. In this critical analysis you will read about the different ways foreign countries and the United States reimburse hospitals and providers for health care services.

The United States of America
In America, we, as consumers, have the right to choose among various suppliers of healthcare services. We make a decision based upon the competing market and quality of goods and services. Then we pay for the cost of our services mainly through insurance or by paying for the full cost of the purchase ourselves. According to Bodenheimer and Grumbach, health care financing in the United States started off from out-of-pocket payments and evolved through individual private insurance, then employment-based insurance, and then finally government-based financing (i.e. Medicaid and Medicare) (2012, p. 187). For most individuals, mainly employers or government agencies cover health insurance, so that the patients will not face the true cost of healthcare services (Paying for Health Services, n.d.). Medicaid and Medicare coverage’s are only offered to those individuals that meet a certain income level and meet specific criteria. Medicare is financed through income taxes and payroll taxes that...

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