Institute: ONC | Component: 1 | Unit: 4 | Lecture: e | Slide: 29
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 1
Lecture:The Government as an Insurance Payor
Slide content:Financing Health Care, Part 1 Summary - 2 UK and Canada have primarily public-funded health care systems UK: Multi- payor system Canada: Single- payor system Insurance spreads the financial risk of health care and provides pay based upon: Diagnosis and procedure code Contractual agreement 29
Slide notes:The public health plans in the United Kingdom and in Canada reflect the different social and political priorities of each country. Both the United Kingdom and Canada provide public health care coverage for their residents, funded primarily by taxes. The United Kingdoms multi- payor system is centrally funded and administered, whereas Canada has a single- payor system that is funded through federal and provincial taxes. Insurance works by spreading financial risk. Insurers pay providers based upon the diagnosis code, procedure code, or the service provided, and contractual agreements for fees. 29