S9: Health Economics Flashcards
1
Q
Explicit Rationing
A
Rationing based on defined rules of entitlement
2
Q
Implicit Rationing
A
Care is limited, but neither the decisions nor the bases for those decisions are clearly expressed
3
Q
Issues with Implicit Reasoning
A
Can lead to inequalities and discrimination
Open to abuse
Decisions are made based on perceptions of “social deservingness”
Doctors appear unwilling to do it
4
Q
Opportunity cost definition
A
Opportunity cost is measured as benefits forgone.
5
Q
Categories of health costs - How do you measure health costs?
A
Cost of healthcare services
Costs of the patient’s time
Costs associated with illness
Economic costs borne by the employers, other employees and the rest of society
