Abstract
The payer mix in healthcare financing currently comprises of three broad groups that include private insurance, government payers, and private payers. Private insurance covers 61% of the US population and contributes 49% in revenues. Government payers cover 31% of the population and contribute 55% of the revenues while the private payers account for 5% of population and contribute 6% of the revenues. The Affordable Care Act seeks to increase the insurance coverage in the United States. It would increase the contributions from government payer and reduce the default risk associated the private payers. This would also ensure that all ...
