There are a range of ways that healthcare in different countries are primarily funded. Some of them include private health insurance (PHI), social health insurance (SHI) or taxes. PHI as a primary funding source tends to represent a smaller share of primary healthcare funding in some OECD countries. However, there are strengths and weaknesses towards achieving efficiency through a PHI system. For instance PHI driven systems has meant more consumer choice. Nonetheless, PHI systems can create challenges for achieving equity goals when market failure occurs. These strengths and weaknesses including others will be discussed below with application to different countries and their cultural, political and historical factors. Finally an argument
