Healthcare as a commodity â€“ a financing mechanism to control costs and ensure access
AbstractThe US healthcare system is experiencing a funding shortfall that constrains efforts to provide healthcare to our citizens. Patients are no longer sure they will receive adequate healthcare during their senior years. One solution is to create an annuity at birth for each individual. This annuity will mature at age 65, with proceeds used for healthcare for the rest of one's life. The total investment for this annuity programme will come from the Federal government at the rate of $1000 per year for the first 3 years of one's life. The use of annuities, with their interest compounding concept, means that a minor investment by the Federal government results in substantial dollars being available to pay for healthcare at age 65.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Public Policy.
Volume (Year): 1 (2006)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID=97
commodity; cost control; financing mechanisms; healthcare delivery; Medicare; stakeholders; public policy; annuities; senior citizens; elderly; old age; retirement; United States; USA.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.