Required
Review the attached file
Bertens, R. M., & Vonk, R. A. (2020). Small steps, big change. Forging a public-private health insurance system in the Netherlands. Social Science & Medicine, 266.
Informa Markets. (2019). 2019 Saudi Arabia healthcare industry overview: Towards the healthcare goals of Saudi Vision 2030. Global Health Exhibition. Retrieved from https://www.globalhealthsaudi.com/content/dam/Informa/globalhealthsaudi/downloads/GHE19-KSA-HEALTHCARE-INDUSTRY-OVERVIEW.pdf
Payments for Health Services Providers
Insurance is based on pooling of losses, payment for random losses, risk transfer, and indemnification. As a result, insurers use several different approaches to mitigate their risk and set premium rates, including:
1-the fee-for-service method
2-the cost approach.
3gthe demographic approach
For your assignment, evaluate two global payment systems within healthcare with focus on the financial risks for providers. Identify the pluses and minuses of both approaches used to mitigate these risks.
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