What is the definition of equity in the context of healthcare?

In the context of healthcare, equity refers to the quality of being fair and impartial in the distribution of health resources and access to care. This definition emphasizes that everyone should have the opportunity to attain their highest level of health regardless of factors such as socioeconomic status, geographical location, or personal characteristics. Achieving equity in healthcare involves addressing barriers and disparities that may prevent individuals from accessing necessary services.

While the other choices mention various aspects of healthcare management and finance, they do not capture the essence of what equity entails. Payment models, listings of fees, and financial management classifications are important components of the healthcare system but are more focused on the transactional and operational aspects rather than emphasizing fairness and impartiality in health access and outcomes.