What is included in the Private Sector?

Prepare for the Business of Healthcare and Health Policy Test. Study with multiple choice questions and explanations to ace your exam!

In health policy, the Private Sector refers to organizations not owned or controlled by the government that operate in the market to provide goods or services. Insurance companies fit this description because they are privately owned firms that financing healthcare through premiums and pay claims, operating independently of government control. Government agencies, by contrast, are part of the Public Sector, funded and run by the state. Consumers are individuals who use health services rather than a sector itself. Medical suppliers can be private firms too, but the clearest example of a Private Sector entity among these is the insurance company.