What is the difference between Beveridge and the BIsmarck model? Beveridge allow

Question

What is the difference between Beveridge and the BIsmarck model?

Beveridge allows multiple payer while Bismarck is single payer

Beveridge requires universal health care while Bismarck does not

Beveridge providers are mostly private while Bismarck providers are mostly government employees

Bismarck allows multiple payer while Beveridge is single payer

Beveridge allows multiple payer while Bismarck is single payer

Beveridge requires universal health care while Bismarck does not

Beveridge providers are mostly private while Bismarck providers are mostly government employees

Bismarck allows multiple payer while Beveridge is single payer

Explanation / Answer

Under the Beveridge model of healthcare, healthcare spending in an economy is convered by government and the expenditure is borne by the government completely, financed by government revenues like tax collections. Thus this model is more of a universal model, covering everyone under government take care.

Under the Bismark model of healthcare, healthcare spending is borne from using 'sickness funds' which are a pool a contributions by employers as well as employees together. Thus, this model applies only to salaried professional.

Hence, the correct option is (b).

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