Intro to US Healthcare System Flashcards
Our current health care system is one of the most ___ in the world
technologically advanced
T/F US is one of the most expensive healthcare systems
true
Due to attempts at reform, the US healthcare system is in a ___
state of flux
USA is #1 in ___
heath innovation/published research
USA falls short when it comes to ____ vs _____
life expectancy vs health expenditure
T/F spending more money=living longer
trick question, true but only until a certain point
How much of the GDP does the US spend on health?
16%
Who spends the most on healthcare in the world?
The US
What is the public expenditure component of total healthcare?
Very low in the US, we spend the most but government invests the least
What are two examples of socialized health systems in the US?
Medicare and the VA
What is the largest socialized health system in the world?
the VA
How does the US compare worldwide with insurance coverage?
“decent but not the best”
What 3 factors effected the evolution of US healthcare?
growth in population, industrialization, and public health concerns
What is the US healthcare system captured by?
cost
What are characteristics of the healthcare system?
no central governing agency, technology driven, focused on acute care, high cost, unequal in access, governed by market conditions and population needs
What are the two characteristics of conflict in care?
Market justice and social justice
What is market justice?
places the responsibility for fair distribution of services on the market forces in a free economy and accounts for an individual’s willingness and ability to pay
What is social justice?
emphasizes the well-being of the community over that of the individual and population’s need, not ability to pay
Where do demand and supply meet?
equilibrium
“Consumers decided how much to purchase based on their perception of the value they expect to receive and how much they have to pay for it” describes what concept?
customer preferences
“Expenditure on one good means forgoing other goods and services” describes what concept?
opportunity cost