Why Is Healthcare Financing Important?

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In a general sense the role of healthcare financing deals with the way insurance expenses are paid for. Financing is important because it the mechanism that is needed to pay for health insurance premiums. Having health insurance in the US is the primary way individuals and families acquire healthcare; and health insurance is also the primary way providers receive payments. “Providers…rely on the patients’ insurance status to be assured that they will receive payments for the services they deliver.” (Shi & Singh 2015:197) So in essence healthcare financing is a very important part of access for consumers and payment for providers. Financing has a very important impact on who receives health insurance. The impact can be seen through the demand

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