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Explain the concept of provider reimbursement and why it is necessary.
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:
Medicare
Medicaid by state
Military or Veteran’s Affairs (VA)
Indian Health Services
Private Indemnity Insurance
Managed Care: Preferred provider organization (PPO), health maintenance organization (HMO), etc.
Private pay
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.
Your paper should be 2–3 pages excluding the cover page, abstract page, and reference page. Be sure to support your work with at least 3 academic or professional peer-reviewed sources that were published within the past 5 years.
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