HSA 510 Assignment 3 The Convergence of Healthcare Financing and Economic Trends and Forces

Most of the Organization for Economic Cooperation and Development

(OECD) countries finance their healthcare services through public financing

systems such as the National Health Service (NHS) system (which relies primarily

on tax revenue) and the Social Health Insurance (SHI) system (which relies on

social insurance contributions). Only a few OECD countries (i.e. Switzerland

before 1996 and the United States) depend predominately on private health

insurance to finance their healthcare services (Frogner et al. 2011). In 1960,

approximately 61% of healthcare expenditures were from public funds in the

median OECD country (Organization for Economic Cooperation and

Development 2012). The fraction of...