7-10financial-citizenship

Hospitals and healthcare

Discover hospitals and healthcare and why it matters for your financial safety and decisions.

In this lesson

Hospitals and healthcare is part of What Public Money Buys. This preview shows how financial-citizenship connects to everyday family decisions such as earning, saving, spending choices, goals, approvals, or parent-guided money conversations inside Progress Penguin.

Think about this money choice

A patient at a public hospital pays very little.

How it works

Public hospitals, vaccines, health programs.

Try a real-life example

Real-life money moment: Think about a time when hospitals and healthcare affected a money decision.

Activity preview

Try the challenge

Use what you learned to complete this short challenge.

Quiz preview

Public healthcare is mostly funded by:

Patient fees only

Insurance only

Pharmaceutical companies that donate in exchange for licences

Taxes

A public hospital treats 500 patients daily at a heavily subsidised cost. How does this subsidy connect to tax revenue?

Subsidies are funded by hospital profits in this situation

The difference between treatment cost and patient fee is funded by government budget — primarily from tax revenue

Hospital subsidies come from donor aid, not taxes

Hospitals fund themselves through charges alone given the circumstances