Public and private health insurance plays a very significant role in the delivery and funding or reimbursement of health care services, making it very important that all health care professionals understand, at a minimum, the basics of health insurance. For this assignment, you are required to discuss the following:
Provide a definition of both private and public health insurance, and discuss the differences between private and public health insurance.
Choose 1 public health insurance program, and discuss the basics of that program and the financial impact it has had on health care delivery in the United States.