Health Medical Homework Help

I’m studying for my Health & Medical class and don’t understand how to answer this. Can you help me study?

After reading Chapter 6 of the text, use the text submission option in the assignment link above to address the following questions:

What is meant by the term “health care financing”?

List and describe two (2) desirable effects of health care financing.

List and describe two (2) undesirable effects of health care financing.

1. What is the main difference between retrospective and prospective methods of reimbursement?
2. What are the main advantages of a prospective payment system?