Cuban healthcare systems, Many differences in the

Cuban healthcare systems

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Question

There are many differences in the structures, organizations, financing sources, and key stakeholders in the U.S. and Cuban healthcare systems lead to different outcomes. In addition, each nation has unique traits and difficulties with the cost, quality, and accessibility of the healthcare system. In the United States, the majority of the healthcare system is private. At the same time, specific groups, for example, those over 65, those with low incomes, and disabled, are covered by federal programs such as Medicare and Medicaid. Exorbitant expenses distinguish it, as the United States spends more per person on healthcare than any other nation. In spite of this, it fails to provide the highest-quality health results or the longest lifespan compared to other nations. In addition, a unique feature of the US healthcare system is that there are many different networks and payment systems and countless insurance companies. To finance the healthcare system, both public and private sources are used, and the main sources of funding are income taxes, personal expenses, and private insurance premiums. In addition, the private insurance industry, medical professionals, drug manufacturers, and patients are significant stakeholders. According to Shi and Singh (2019), the healthcare.

Reference no: EM134005964

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