governmental health care funding
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Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined sums of payments (based on the type of health care problems experienced) directly to patients, who then would be free to choose their health care providers. Give an economic rationale for this approach to governmental health care funding?
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Solution Summary
Debate governmental health care funding.
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This rationale is essentially flawed in the sense that the government, in this way, will inadvertently be encouraging an underground nexus between individuals and private health care providers (which includes doctors, physicians, and companies that organise ...
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