Title: The 6 Functions of Health Insurance
1The 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