Managed Care Payment System: A Critique
Richard Schulz
HCS 521 Health Care Infrastructure
University of Phoenix
Professor Jay Littleton
December 9, 2006
Introduction
Individual payments for health care services received have undergone many changes over the past one hundred and fifty years in this country. For many years a fee for service system was in place. This was acceptable at the time because costs were low. However, as costs began to rise, changes in the system occurred as well. Private insurance companies started to form in the 1920s to help consumers afford medical care when needed. Through several evolutions over the years and due to increased costs of medical care, we saw new market oriented public policy initiatives starting to form by the 1980s. In 1970 health care spending represented 7% of the national income, but by 1993 it grew to 13.4% (White, 2004). Health care costs were starting to get out of hand and something needed to be done to address it.......
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Approximate Word Count: 1166
Approximate Pages: 5 (260 words per double-spaced page) |