Paying for Health Care Services
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Discuss the following ways that an individual can pay for health care services:
Private insurance
Government plans
Self-pay
Give an example of each type.
Which do you feel is the best way to pay for care, and why?
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Solution Summary
This solution discusses why the Expert believes self-pay is the best way to pay for health care service in 294 words.
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Private insurance is either provided through an individual's employer or purchased directly by the individual, through the insurance company or a representative. Private insurance generally has no restrictions such as income, but it can have exclusions, such as limiting or refusing coverage for pre-existing conditions. When available through an employer, the employer typically covers a portion of the premium, while the employee pays for the rest. Private ...
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