Write a paper of 2-3 pages that includes the following:
• Explain the concept of provider reimbursement and why it is necessary.
• What are the different methods of financing for health care?
• Make a list of the 10 most common methods of financing. Examples include the following:
o Medicare
o Medicaid by state
o Military or Veteran's Affairs (VA)
o Indian Health Services
o Private Indemnity Insurance
o Managed Care: Preferred provider organization (PPO), health maintenance organization (HMO), etc.
o Private pay
o Subsidized Affordable Care Act plans
• Describe briefly how each method that you have chosen works.
• Compare and contrast 3 examples of provider reimbursement.
• Explain which has the most benefits to providers.