3 Drop #2CDHPsA new type of third-party-reimbursement healthcare payment plan is emerging in the United States. CDHPs strive to control costs and improve quality of care by requiring consumers to take control of their own healthcare decisions. Consumers decide how they want to spend their healthcare dollars, depending on what is important to them. CDHPs are geared to encourage participants to enroll in some type of wellness program and improve their lifestyles. Specific types of CDHPs are health reimbursement accounts (HRA), flexible spending accounts (FSA), and health savings accounts (HSA).However, there are concerns about CDHPs. The consumer may neither understand nor have the education and the tools to manage his or her own healthcare appropriately. This may have long-term ramifications on the whole healthcare system and whether CDHPs can be successful for the consumer, the employer, the physician, and the healthcare facilities, as well as the insurers. Answer the following questions in regard to this development:Are CDHPs more geared toward the healthier and younger population?Are they effective for patients with chronic illnesses?Will they discourage the use of preventative care and cause increased healthcare costs in the future?After examining the above questions in your analysis, work around the following instructions, create andSummarize the history of when, how, and why CDHPs were developed.Explain HSA, HRA, and FSA with examples.Examine different segments of the population. Describe which socioeconomic group is likely to benefit the most from CDHPs.Explain the types of incentives to providers for efficiency in the delivery of healthcare services. Explain who bears the financial risk—the provider, the patient, or the CDHP.Offer your recommendations for patients considering a CDHP, including which types are appropriate for which patients. Include your recommendations for each, to accept or decline, and also include your rationale behind such recommendations.Cite any sources in APA format.Assignment Grading Criteria Please follow these guidelinesSummarized the history of factors (when, how, and why) that contributed to the development of CDHPs.Explained HSA, HRA, and FSA with examples.Examined different segments of the population and described which socioeconomic group is likely to benefit most from CDHPs.Explained the types of incentives available to providers for efficiency in healthcare delivery and who bears the financial risk.Offered recommendations with rationales for patients considering a CDHPREADING MERTRIALS FOR ASSIGNMENTGlobalization of HealthcareThe drive for efficiency, high costs, and shortage of local skills, the availability of low cost skilled-labor elsewhere, changes in international politics, and the developments in information technology have all enabled the global expansion of the supply chain as well as markets. The same forces have driven the globalization of the healthcare industry. In this context, you will learn about the following two topics—Medical tourism: Countries like Brazil, India, Costa Rica, South Korea, Malaysia, Singapore, Thailand, and Turkey are top destinations for people seeking high quality medical care at reasonable costs. Patients without borders, a consumer information resource on international medical travel, suggests that the market size for medical tourism is close to $15 billion, while cautioning that the estimates vary widely because it is hard to define a medical tourist (Woodman, 2013). It is suggested that, globally about 5 million patients or ’health consumers’, spend an average of $3000 per surgery, traveling for such things as cardiovascular care, cosmetic surgery, dentistry, orthopaedics, reproductive care, and weight-loss surgery. In 2012, about 680,000 Americans travelled outside the U.S. for medical care (Woodman, 2013), and by 2017, 15.8 million are projected to receive medical treatment internationally (Mitka, 2009).One of the primary motivators for this trend is cost.