Private Insurance

Question 1:

Lets consider the general concept of insurance. 
1. How does health insurance differ from other kinds of insurance? 
2. What are the similarities and differences between them?
3. What might happen if value-based reimbursement completely replaces volume-based (i.e., fee-for-service) reimbursement. 
4. What are the implications for providers? For patients? For healthcare managers and administrators?