The 6 Functions of Health Insurance - PowerPoint PPT Presentation

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The 6 Functions of Health Insurance

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Pennie health insurance serves many functions to enable everyone to benefit from being insured. Health insurance protects individuals from unpredictable and financially catastrophic events. Health insurers leverage their market power to obtain price concessions from clinicians or hospitals and health care systems or to screen out high-cost providers from their networks. To know more visit here – PowerPoint PPT presentation

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Title: The 6 Functions of Health Insurance


1
The 6 Functions of Health Insurance
In addition to helping people stay healthy and
improving their health when they get sick,
Pennie health insurance serves at least 6
functions to enable everyone to benefit from
being insured. These functions, however, are not
always compatible. Financial protection to
individuals with catastrophic health
events. Enhancing and ensuring the quality of
clinicians and hospitals. Nudging individuals
toward staying healthy. Broad access for small
usage fees. Negotiating health services. Wealth
transfer. Source- jamanetwork.com
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