Asked by Andrea Rodriguez on Jun 23, 2024
Verified
Medicare is an example of which of the following payment systems?
A) Prospective payment system
B) Patient-driven payment system
C) Market-driven payment system
D) Retrospective payment system
Prospective Payment System
A healthcare payment system where the amount or rate of reimbursement is predetermined before the service is delivered.
Medicare
A federal health insurance program in the United States primarily for people aged 65 and older, as well as for some younger individuals with disabilities.
- Understand the various healthcare payment systems and their implementation, especially Medicare.
Verified Answer
KM
kaylor mikellJun 28, 2024
Final Answer :
A
Explanation :
The prospective payment system (PPS)is a fixed payment method that is based on a predetermined amount for the usual care needed for a patient with a specific condition.The Medicare program has been an example of a prospective pricing model since 1982 and the development of DRGs.
Learning Objectives
- Understand the various healthcare payment systems and their implementation, especially Medicare.
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