After independence, it adopted a public sector-led model wherein the government was to provide healthcare services to all for free. Depending on how this public-private balance is maintained, health systems around the world can be divided into three models—the national health service model, the social health insurance model (also known as the Bismarck model) and the private insurance or consumer sovereignty model. In the first case, the state is the lead player and the healthcare system is financed through general taxation. In the second case, the workforce contributes to a fund which is used to finance healthcare, such as in Germany, which has about 180 autonomous health insurance funds. The US healthcare system is built on this model.

Source: Mint March 22, 2017 22:30 UTC