Health Expenditure In Australia

When considering about the health expenditure in Australia, mainly government, private health insurers and individuals are sources included in the expenditure. According to the Australian institute of health and welfare mentions that in 2011-2012 Australia has spent around $140.2 billion in health and spending for health is growing faster than the population (Australian Institute of Health and Welfare , 2016). When look into the roles of the government one of the major responsibility is to manage Medicare. Medicare provides universal access to every Australian which most of them considering it as a backbone of the Australian Healthcare system. Medicare provides free hospital treatments in public hospitals and range of pharmaceutical and medical