10/4 notes

Question 1

two aspects to healthcare

Answer 1

1)the service provided by medical professionals
2)small % of ppl in the US receive medical care from a government doctor

Question 2

what is something always comapred between countries

Answer 2

longevity and lifespan

Question 3

what is a way to pay for health care

Answer 3

health insurance

Question 4

when was the US peak for lifespan and why did it drop

Answer 4

2016: 78.8 years ->age dropped because of accidental deaths largely caused by overdose

Question 5

what is health care itself

Answer 5

a market

Question 6

how many people in the US does medicare and medicaid cover

Answer 6

44%

Question 7

medicare

Answer 7

status is have to be at least 65 years old

Question 8

medicaid

Answer 8

means test:money /income has to be below a certain level

Question 9

what are the three things that play into health care

Answer 9

1)quality
2)cost
3)access

Question 10

for the three things that play into healthcare can you have it all?

Answer 10

No, you can improve two of these things, but you can’t have it all

Question 11

insurance policy for USA

Answer 11

medicare, Medicaid and employer based policy

Question 12

Canada insurance policy

Answer 12

single payer system and private hospitals

Question 13

single payer system

Answer 13

government provides insurance through taxes
-same insurance/socialized insurance

Question 14

UK insurance policy

Answer 14

-socialized system, no health insurance
-public employed doctors (govnt employees)

Question 15

Japan insurance policy

Answer 15

health insurance comes from professional groups
-if you dont have a group, get it from govnt
-VERY high copay, 20-30%

Question 16

fee for service

Answer 16

method in which doctors and other health care providers are paid for each service performed

Question 17

HMO

Answer 17

health insurance plan that usually limits coverage to care from doctors who work for or contract with HMO. Generally wont cover out of network care

Question 18

PPO (preferred primary organization)

Answer 18

type of medical plan in which coverage is provided to participants through network of selected healthcare providers such as hospitals and physicians

Question 19

asymmetric information

Answer 19

when buying or selling something someone knows something the other does not that is often important

Question 20

moral hazard

Answer 20

you will live less safely because you have health insurance that will take care of it