Health Economics and Policy
7th Edition
ISBN: 9781337106757
Author: James W. Henderson
Publisher: Cengage Learning
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Question
Chapter 1, Problem 3QAP
To determine
The importance of cost containment in establishment of a national policy on health care and the alternative goals of such a system.
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Chapter 1 Solutions
Health Economics and Policy
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Similar questions
- Weigh the pros and cons. How would changing Medicaid financing to a block grant or per capita cap be an advantage or disadvantage for millions of low-income children and adult participants?arrow_forwardWhat are the three major cost-reducing features of the Singapore health care system? Which one do you think has the largest effect on holding down the price of medical care in Singapore? What element of the Singapore system is shared by the Whole Foods and State of Indiana systems? What elements are missing? How difficult do you think it would be to implement those missing elements in the United States? Explainarrow_forwardexplain why the basic framework of supply and demand is not sufficient to analyze the market for health care.arrow_forward
- Does perfect competition provide an advantage or disadvantage to the consumer and to the health care provider/organization? Provide an example of perfect competition within health care.arrow_forwardThe American College of Physicians has a bold vision for the future: https://www.acponline.org/advocacy/where-we-stand/better-is-possible-acps-vision-for-the-us-health-care-system. Links to an external site. After what you've learned is this possible? The vision seems simple, however many argue this vision may not be easy to implement in our current system.arrow_forwardWhich of the following is one of the solutions proposed by the Affordable Care Act to address the gaps in quality and unrestrained costs of the U.S. healthcare delivery system as seen through the Medicare fee-for-service system? A. Preferred provider organizations B. Accountable care organizations C. Patient-centered medical homes D. Point of service plansarrow_forward
- What can be done to ensure that Medicare does NOT run out of money or that the plan stays financially viable in the future? Why would Medicare's Advantage plan (managed care plan) cost more than the traditional Medicare plan? Isn't the purpose of managed care plans to save money?arrow_forwardWhat is new in America’s health care reform law?arrow_forwardWho is responsible for the health and healthcare needs of an individual in the US and in Great Britain? How do they compare and/or contrast? What could the U.S. learn from other countries who have a Socialized/Nationalized/ Universal Healthcare Model? Would that type of model work for the U.S.? Would a Socialized/Universal healthcare model help or hurt the health of the U.S. What are some major factors that hinder the United States from having a more universal healthcare system? The movie "Sicko" shows the downside of our healthcare system, please explain two positives of our current system. Would removing profit and/or setting profitable limits that providers can earn, hurt and/ or improve healthcare? Examine from an economic and an ethical perspective. The movie, "Sicko," mentioned industries in the U.S. that are "socialized." Examples provided were industries like public sector employees (Firefighters, Teachers, Postal Service, Libraries, etc.). The movie eluded that these…arrow_forward
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