HC burden Flashcards

1
Q

Burden

A

Being forced to spend more and more of a percentage of your income on healthcare

income has not kept pace with your healthcare expenditures

household burden remains the same

the government and HC burden has increased

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2
Q

Private health insurance

A

in order to increase profit/reduce costs, private insurance is increasing premiums

this is done particularly for employers to shift costs onto patients

in some cases premiums rise faster than costs
premiums for families of 4 of increased a lot over the years

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3
Q

% of personal healthcare payments

A

Private insurance takes up most of personal HC payments

government, private insurance, and third party payments have increased over the years

this is for personal payments the largest payor overall is still the government

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