Financial Structure of Australian Healthcare System

Running head: INDIVIDUAL REPORT
INDIVIDUAL REPORT

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INDIVIDUAL REPORT
Table of Contents
Introduction......................................................................................................................................3
Comparison of financial structure of Australian healthcare system with two other countries........3
Analysis of Australian healthcare system from a financial perspective..........................................4
Performance measures.....................................................................................................................5
Financial implications of Australian health system and two other countries..................................5
Challenges faced by the health care systems from a financial perspective.....................................6
Recommendations regarding social and financial implications......................................................7
Conclusion.......................................................................................................................................7
References........................................................................................................................................9

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INDIVIDUAL REPORT
Introduction
The financial structures of the health care system of different OECD countries have been
analysed in this project. They are also compared and contrasted with getting a clear idea about
the healthcare systems prevailing in the countries. The Australian healthcare system is also
discussed in details in this project.
Comparison of the financial structure of the Australian healthcare system
with two other countries
Factors of the
financial structure of
the financial system
Australia United Kingdom United States of
America
Role of government The federal
government funds the
health care system
through Medicare
Benefit Schemes and
the Pharmaceutical
Benefits Scheme. It
also provides for the
services of the state.
The state also
provides additional
funds for its services
(Duckett & Willcox,
2015).
The parliament
provides funds for the
healthcare system
through the
department of health.
The government
provides national
health services, and
the NHS budget is
made to meet the
objectives of the
NHS. The local
government provides
the budget for public
health (Leelarathna,
Ashley, Fidler &
Parekh, 2018).
All the health care
systems that prevail
in the US share the
responsibility with
the government under
the Affordable Care
Act (ACA), the
healthcare systems
work in partnership
with the government
(Dickman,
Himmelstein &
Woolhandler, 2017).