Would following a simpler, single-price healthcare system

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Question: The United States (US) is considered a wealthy, developed nation, and is known for the highest healthcare spending per capita. Yet, the US ranks lower than other countries with respect to infant mortality, maternal and infant care, chronic diseases, and more. Doctors are burdened by complex insurance and other reimbursement systems that are time-consuming and often reduce the time a provider can spend with their patients. Would following a simpler, single-price healthcare system be more manageable? Or would some of the innovation and funding associated with a multi-tiered system disappear? Now imagine this, you are asked to advise our current president and his cabinet about focusing efforts on a single-price healthcare system.

Reference no: EM133553759

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