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Question:
Health insurance in America is big business. Many insurance companies are experiencing record gains, yet benefiting from not-for-profit status.
In Illinois, some of the largest hospital operators have revenues of $1 billion, while the largest insurance company has profits of $1 billion.
What would you consider to be an effective split of the total healthcare spend among the major payors (hospitals/facilities, doctors/providers, and insurance companies)?
What is the basic logic behind your opinion?
When responding to your classmates, feel free to touch upon the split, but seek primarily to understand (or challenge) their logic.
Verified Expert
The assignment was about an effective split of the total healthcare spend among the major payers which are hospitals/facilities, doctors/providers, and insurance companies. The logic has also been put forth for the pertinent way forwards. The assignment was done in MS word. The font used was times new roman with size 12 and single spacing. Format used was APA.
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