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Medical Definition of Single-payer system
1. An approach to health care financing with only one source of money for paying health care providers. The scope may be national (the canadian system), state-wide, or community-based. The payer may be a governmental unit or other entity such as an insurance company. The proposed advantages include administrative simplicity for patients and providers, and resulting significant savings in overhead costs. (12 Dec 1998)
Lexicographical Neighbors of Single-payer System
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