Cost shifting in healthcare involves increasing costs through private charges to compensate for losses from Medicare/Medicaid patients. It is a method of transferring expenses from private entities to the public, affecting individuals' financial situations differently.
Cost shifting in healthcare refers to the policy of increasing the cost of healthcare by private and out-of-pocket charges to offset funds lost from accepting Medicare/Medicaid patients and regulatory requirements. This practice involves transferring costs from private entities to the public, impacting individuals differently based on their financial situations. It is a complex issue influenced by factors such as insurance coverage, government regulations, and healthcare reforms.
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