Final: US Health Care Flashcards
What country has the most technologically advanced health care system in the world?
United States. Also most expensive.
Why has there been a flux of people from the US going to other countries to receive health care?
US health care has gotten too expensive for some procedures
What rank is the US health care system?
37th
What percent of GDP (gross domestic product) do we spend on health care?
16%
What are two socialized aspects of medicine in the United States that we already have?
Medicare
VA Heath Care Service (largest health care system in the world)
What percent of US citizens are covered by insurance?
80%
What 3 things did the US health care evolve in response to?
1) Public health concerns
2) Growth in population
3) Industrialization
What are some characteristics of the health care in the US?
- No central governing agency
- Focused on acute care
- High cost
- Unequal access
What is the US health care partially governed by?
Market conditions and population needs
As demand increases, the supply price ________.
decreases
As supply increases, demand price ________
decreases
What was created by insurances in order for consumers not to take advantage of high supply, low costs?
Insurance made copays and deductibles.
What is a moral hazard? Example.
Buying or doing something just because it is cheap.
Example: Have a bruise on arm but getting an MRI because it is readily available and cheap. (Insurance made deductibles and copays to resolve this)
What does social justice believe?
- Health care is a social good.
- Planned rationing
- Distribution of health care is a societal responsibility
What does market justice believe?
- Market forces in free economy can best achieve a fair distribution of health care
- Health care is an economic good
- Demand-side rationing