Explain how healthcare privatisation helps balance public health needs with system sustainability in Australia. (5 marks)
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- Healthcare privatisation helps balance system demands because private hospitals and services reduce pressure on public healthcare facilities by treating patients with private insurance.
- This occurs because privatisation creates additional healthcare capacity without requiring increased government funding allowing public resources to focus on essential services for uninsured patients.
- The reason privatisation supports sustainability is private sector investment funds medical research and technology development which benefits the entire healthcare system through innovation and improved treatments.
- Patient choice increases through privatisation because consumers can select private providers for faster access to elective procedures while maintaining public healthcare as a safety net.
- Consequently, privatisation generates revenue through private health insurance premiums and out-of-pocket payments reducing the financial burden on government healthcare budgets.
- Therefore, the mixed public-private system enables Australia to maintain universal healthcare access whilst encouraging private investment to enhance overall system capacity and sustainability.
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- Healthcare privatisation helps balance system demands because private hospitals and services reduce pressure on public healthcare facilities by treating patients with private insurance.
- This occurs because privatisation creates additional healthcare capacity without requiring increased government funding allowing public resources to focus on essential services for uninsured patients.
- The reason privatisation supports sustainability is private sector investment funds medical research and technology development which benefits the entire healthcare system through innovation and improved treatments.
- Patient choice increases through privatisation because consumers can select private providers for faster access to elective procedures while maintaining public healthcare as a safety net.
- Consequently, privatisation generates revenue through private health insurance premiums and out-of-pocket payments reducing the financial burden on government healthcare budgets.
- Therefore, the mixed public-private system enables Australia to maintain universal healthcare access whilst encouraging private investment to enhance overall system capacity and sustainability.