Health Financing & Insurance

Terms for how health systems raise and pool funds, insure populations and pay providers.

  • Topic: Health Financing & Insurance
  • 39 terms
  • Editor reviewed

2 terms

Value-Based PaymentVBP, Outcome-Linked Payment

A general term for arrangements tying provider reimbursement to quality, efficiency, or outcomes, rather than volume alone under fee-for-service.

Voluntary Health InsuranceVHI, Discretionary Health Cover

In health economics, health insurance bought at the discretion of individuals or employers rather than mandated by the state, often supplementing public cover.