Understanding a good Health Care System.

Health care system is composed of three major players, that is, the health care providers, the third party payers and the health care consumers. Just like any other market, in the health care system, the patients seek to maximize their satisfaction. This is often determined by the quality of the medical care and the health care providers look for ways to maximize their profits and for the third-party payers, their main aim is to minimize their costs and control their budgets.

Health care systems are mainly classified into three categories especially in the developed countries; that is traditional sickness, National …read more