Healthcare-NOW! | Organization for National Single-Payer Healthcare System
Single-payer is a term used to describe a type of financing system. It refers to one entity acting as administrator, or “payer.” In the case of healthcare, a single-payer system would be setup such that one entity—a government run organization—would collect all healthcare fees, and pay out all healthcare costs.
In a single-payer system, all hospitals, doctors, and other healthcare providers would bill one entity for their services. This alone reduces administrative waste greatly, and saves money, which can be used to provide care and insurance to those who currently don’t have it.
First kachingled on:
Feb 11, 2012
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Photo courtesy (http://creativecommons.org/licenses/by/2.0/deed.en) of Flickr user greggoconnell | Gregg O'Connell
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2 visits, last May 15, 2012