What is cost containment and how has it affected health care?

Understanding the role that finance plays in health care is critical for all health care professions. For this assignment, look at the effect of cost and how finances in health care are affected.

Write a 1,250-1,500 word essay addressing the following questions:
-What is cost containment and how has it affected health care?
-What cost containment practices do we see from private health insurance versus public health insurance?
-How do national expenditures affect an organization? What trends are we seeing with national expenditures? What does the future look like?
-What role does cost shifting play?
-What are the various methods of reimbursement and what trends do we see with these?

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