Introduction to US healthcare
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The US healthcare industry is one of the largest industries in the world and is a bit complex compared to other countries. It is a mixed system where publicly and privately financed market coverage coexists with each other. It is a combination of four major components including finance, insurance, delivery, and payment which makes it unique and qualitative in terms of providing healthcare unlike any other country in the world.
There are three major players in the healthcare system and they are interdependent on each other for proper functioning. They are:
- Patients
- Providers
- Payers/Payors