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Q  What are the different types of healthcare costs?
A Generally speaking, there are three different types of cost depending on who is paying for the service.

Costs to Patients
This often includes the total amount of premium payments, deductibles and coinsurance paid to healthcare providers and health insurance companies for coverage. The cost to patients also includes healthcare supplies and services received within the coverage period. Healthcare services not covered by insurance can be another type of cost for patients. 

Costs to Providers
While providers are paid by insurers for the services they deliver to patients, they incur a considerable amount of operating costs which often get lost in the equation. These costs can include the amount paid for land, buildings, equipment, supplies, wages and benefits, laundry and housekeeping, electronic medical records, as well as services used when delivering care to patients. Providers also bear the cost of delivering care to patients who are unable to pay for their own care.

Costs to Payers
Payers in the healthcare system include both private insurance companies and government insurance programs. The cost to healthcare payers is the total amount they distribute in patient claims. The second major cost to payers are operating costs such as wages and benefits, supplies, and administrative costs.


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