The Financial Aspects of Health Care Assignment Example | Topics and Well Written Essays - 500 words

The Financial Aspects of Health Care - Assignment Example h respect to financing health care services; due to the fact that it has a direct relation with regard to be productivity, efficiency, and happiness of the populace that resides within its borders. With respect to the way that the above question is answered, it should not be understood that the government must be responsible for each and every aspect of healthcare payment. Instead, issues relating to cosmetic surgery and medical issues that do not involve direct health and well-being of the patient must be supported by the private sector; ultimately the responsibility of either insurance companies and/or the individual patient themselves. The underlying reason for this has to do with the fact that the government was responsible for all types of healthcare services, the system would necessarily be abused. Health insurers affect the cost of healthcare with respect to the fact that they are able to set premiums that an individual will be required to pay as a function of having access to their services. Likewise, employers affect the cost of healthcare due to the fact that they seek to defray the overall cost that an individual employee must pay by paying a percentage of the salary that they would otherwise devote to the employee as a function of bringing down the cost of the premiums. Likewise, patients affect the overall cost of healthcare with respect to the issues of supply and demand. Similarly, healthcare workers also affect the cost of health care in terms of issues of supply and demand as well as the overall salary that these individuals are responsible for receiving. Similarly, federal and state governments affect the cost of healthcare due to the fact that they oftentimes provide standardized cost of healthcare for those individuals that are able to afford it and therefore cre ate an unnatural barrier that offsets the cost that other individuals are responsible for paying (Miller, 2012). Similarly, taxpayers offset the cost of healthcare due to the fact that