Explain the concept of provider reimbursement and why it is necessary. What are the different methods of financing for health care? Make a list of the 10 most common methods of financing. Examples include the following: Medicare

Explain the concept of provider reimbursement and why it is necessary.
What are the different methods of financing for health care?
Make a list of the 10 most common methods of financing. Examples include the following:
Medicare

Medicaid by state
Military or Veteran’s Affairs (VA)
Indian Health Services
Private Indemnity Insurance
Managed Care: Preferred provider organization (PPO), health maintenance organization (HMO), etc.
Private pay
Subsidized Affordable Care Act plans
Describe briefly how each method that you have chosen works.
Compare and contrast 3 examples of provider reimbursement.
Explain which has the most benefits to providers.

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