Exam 1 - Week 5 Flashcards
What % of money goes to medicare and medicaid?
27%
What was the U.S. national expenditure as a share of GDP in 2020?
19.2%
What are the public health expenditures for medicare, medicaid, & CHIP, 2015?
52%
What are the public health expenditures for private health insurance in 2015?
48%
What is the health condition with the most health care expenditures?
heart disease
What type of program is medicare?
federal
Who is medicare for? (3 things)
- People age 65 or older.
- People under age 65 with certain disabilities.
- People of all ages with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant).
How much of the federal budget was medicare in 2016?
15%
Who is medicaid for? (4 things)
- Low-income families
- Pregnant women
- People of all ages with disabilities
- People who need long-term care
How is medicaid funded?
jointly by the federal government and states
What is nice about medicaid with the states?
federal guidelines are broad, states have a great deal of flexibility in designing and administering their programs.
true or false: medicaid varies widely from state to state
true
Who is medicaid spending for mostly?
disabled and elderly
How does medicaid rank as a domestic program?
3rd largest
True or false: The U.S. spends more on health care as a share of the economy — nearly twice as much as the average OECD country — yet has the lowest life expectancy and highest suicide rates among the 11 nations.
true