The single payer healthcare systems are insurance programs in which an organization covers the cost of medical services received. This system can be found all over the world. Medicare-for-all is a type single payer healthcare system that occurs in the United States. This article talks about the features of the Medicare-for-all and the single payer healthcare systems. Read on to learn more.
What Is Single Payer Healthcare System?
Single payer is a system of healthcare in which the cost of medical services are paid by a public organization like the federal government. In this healthcare system, government use money from taxes [1] to fund the cost of medical services received by citizens of the country.
This system of healthcare is acceptable in so many countries all over the world. This system ensures that the medical bills of every citizens of the country is covered unlike Medicare [2] that covers for people who are over 65 or younger people who are physically disabled.
The payments for healthcare services come from monthly taxes paid by the citizens. Patients will no longer have to pay monthly premiums [3] or deductibles. [4] It also helps to cover some medical procedures that might not be covered by other insurance programs.