Individual private insurance Individual private insurance. A third party, the insurance plan (health plan), is added, dividing payment into a financing component and a payment component. The ACA added an individual coverage mandate for those not otherwise insured and federal subsidy to help individuals pay the insurance premium. Source: Paying for Health Care, Understanding Health Policy: A Clinical Approach, 7e Citation: Bodenheimer T, Grumbach K. Understanding Health Policy: A Clinical Approach, 7e; 2016 Available at: http://accesspharmacy.mhmedical.com/DownloadImage.aspx?image=/data/books/1790/p9781259584756-ch002_f002.png&sec=121191227&BookID=1790&ChapterSecID=121191199&imagename= Accessed: October 17, 2017 Copyright © 2017 McGraw-Hill Education. All rights reserved