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There are four commonly used methods of raising income to foot health services cost. They are revenue financing from the tax system, tax financing achieved through social security mediums, premiums that are voluntary and have been reviewed by insurance co

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There are four commonly used methods of raising income to foot health services cost. They are revenue financing from the tax system, tax financing achieved through social security mediums, premiums that are voluntary and have been reviewed by insurance companies, and finally personal financing. The United States pegs its hope on subnational and local governments to run health care. In other countries like Canada, that is the role of the federal government. China relies on subnational governments to foot its health insurance fund.

The United States has funding elements where private insurance premiums are preset on the basis of risk estimates. It also lacks NHS and NHI. It is important to note that the country’s healthcare relies on insurance companies whether public or private and has social insurance for aged and persons with disabilities. After World War II, governments in England, Canada, and China increased their role of financing health care. China, however, has migrated from public financing to personalized payments. Various countries also have various remuneration strategies for caregivers like the NHS protocol where salaried and capitation methods of reimbursement for health care workers and budget are applied. Canada applies FFS method while France private sector physicians are paid upon a schedule deliberated upon by the physicians’ unions. Organizations in governments that deal with disease management encourage health workers to focus on patient-centered care. The Commonwealth Fund has a task to assess excellent health sectors in developed nations.

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