Third-party Payment in health care

How does third-party payment distort the market for health care? If it is so distorted why does every wealthy country insist on using third-party intermediaries to purchase health care? Why do we carve out a separate payment program for our elder citizens?

Require reading
Textbook Readings

Read the following topics in Health Policy and Politics: A Nurse\'s Guide:

\"Interprofessional Practice, Education and Research\"
\"The Economic and Finance of Healthcare\"
Read the following topics in Policy and Politics: For Nurses and Other Health Professionals:

\"Healthcare Costs\"
\"Private Health Insurance Market\"