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View attached explanation and answer. Let me know if you have any questions.The Convergence of HealthCare Financing and EconomicTrendsand ForcesCalifornia Nursing Legislation SB-852Presented By:Course:Date:Introduction●●●●The United States health care system has createddifferent organizations.Most of the healthcare facilities or hospitals are largelyowned by private sectors as businesses.The U.S health care system is provided by acombination of public health and private healthinsurance coverage.Many medical facilities are governed by localgovernments that are open to the general publicEmployee-based Health Care Financing●●●●●There are approximately 178 million employed peoplein the United States.They receive subsidized health insurance from theiremployers.Par of their salary is deducted and contributed as theirhealth insurance coverage.The employers are required by the law to be faithfulenough.This reduces inconveniences and unnecessarycomplaints.Government-based Health Care Financing●●●●-The government provides healthcare coverage toapproximately 83 million citizens.This includes children, veterans, elderly people, and thepoor.The government spends approximately 45% to 56% of itsspending to ensure the public is covered.Some of the programs include:MedicareMedicaidThe Veterans AdministrationThe State Children’s Health Insurance ProgramThe National Institutes of HealthIndividual-Based Health Care Financing●●●●Some people who are mainly f…
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