400-600 words Analyzing the various types of reimbursement received for healthcare services and the effect on the financial operations of a healthcare organization

Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

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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 (e.g., Medicare, Medicaid, or Children’s 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.