WEEK 3: COST OF HEALTHCARE, VALID HEALTH INFO

Question 1

where can we find valid health information?

Answer 1

• don’t rely on the results of one study
• consider where the report originated
• Just because you have seen or saw it doesn’t mean it’s true or reliable
• knowing if you can trust your gut
• good to always get second options and not always trust family
• cant always trust science
• government cant always be trusted

Question 2

king charles story

Answer 2

• Pro homeopath way head of the royal household
• Hired a doctor who deals with aromatherapy
• Internal medicine doctor lobbying
• Problem: The royal family in England is a big deal and looked upon
• To the public perception, this leads to it looking like it is creditable

Question 3

The Pure Food and Drug Act

Answer 3

With strong support from president Theodore Roosevelt, the Pure Food and Drug Act was passed by Congress in 1906. It paved the way for public health action against unlabelled or unsafe ingredients, misleading advertising and the practice of quackers. Its main purpose was to ban the sales of contaminated or mislabelled food and drug products. The Food and Drug Administration (FDA) was created later that same year

Question 4

is alternative medicine going up or down in sales? why?

Answer 4

up
- Overall lack of trust in science and conventional medicine, government organizations due to covid
- Over the years people have been gravitating towards natural healing
- Social media has a big role in it

Question 5

Kim Kardashian ad

Answer 5

• Promoted a drug on Instagram for morning sickness (Bonjesta) and was flagged by the FDA as the drug wasn’t tested and there was no potential side effects listed
• The 2015 ad was pulled for being “false and misleading” and failing to include any information about its potential risks.

Question 6

3 primary marketing strategies pharmaceutical companies use:
(ted talk)

Answer 6

1. Exaggerate drug benefits
2. Expand number of patients needing treatment
3. Minimize drug risks

Question 7

sources of waste in american health care

Answer 7

• Unnecessary services
• Excessive administrative costs
• Inefficiency delivered services
• Prices that are too high
• Fraud
• Missed prevention opportunity

Question 8

4 causes to rising costs

Answer 8

1. Aging populations
2. Uneducated personal healthcare choices
3. Medicalization of society
4. Consumer ignorance of costs

Question 9

4 components to the canadian health care future

Answer 9

· E health
· Fewer hospitals
· Senior care
· Private insurance

Question 10

An American sickness

Answer 10

1. More treatment = better, most expensive = best
2. Lifetime of treatment > cure
3. Marketing more important than good care
4. As tech ages, prices can rise rather than fall
5. No free choice, patients must buy American
6. More competition = prices go up
7. Economics of scale = prices go up
8. No fixed prices for tests or procedure
9. No billing standards, bill anything and everything
   10 Prices will rise to whatever the market will bear

Question 11

advertising in america:

Answer 11

1. FTC: can create and enforce ad laws in the USA
2. Federal Trade Commissioners
3. US Postal Inspection Service: stops postal fraud
4. Advertising industry wants to remain self regulated
5. Internet advertising = self regulated
6. 66% of docs think patients are misinformed by ads
7. 75% of docs believe patients overestimate benefits of drugs in ads and underestimate the risks