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- ASAP Describe graphically “Preston Curve”. Label the axes clearly. Explain the curve. What does the shape of the Preston Curve suggest about countries being stuck in a health-based poverty trap1. Explain when safety regulations can lead to an increase in efficiency. What market failures lead to this? 2. Are new technologies a pareto improvement? Explain briefly. 3. 50% of the population has household income of $20,000 and 50% of the population has household income of $80,000 Draw the Lorenz curveThe American system of health care is financed by a mix of private and government insurance programs that pay over 80 percent of the health care bills for U.S. citizens. O True O False
- The 2010 health reform law fails to provide universal health insurance coverage. T or F?How does a favorable tax treatment and a third-party payer system attribute to the rise of health care costs? Pleasse provide a detail explanation.The major reason the United States does not have a national health care program is because its citizens want different results from health care programs than citizens of other developed societies. T or F?
- Quality Health Care in the U. S. In his inauguration address, U. S. President Barack Obama mentioned the poor state of the U. S. health care system as a fundamental issue facing the nation and his administration. The sobering truth of America’s health care system is that it dramatically under-performs. In an August 2008 poll by the Commonwealth Fund, 8 of 10 adults agreed with the statement that the health care system “needs either fundamental change or complete rebuilding”. This becomes even clearer when comparing the system with those of its international peers. In 2000, the World Health Organization ranked the performance of the U. S. health care system 37th in the world. In this and other international comparisons, despite spending more than twice per capita than other developed countries, the U. S. were beaten on virtually every metric of health care cost, quality and access. In other words, they spend more and get less. Scoring the U. S. health care system on key benchmarks…9) In which of the following countries does health insurance not pay for most preventive care procedures? A) Canada B) Japan C) the United Kingdom D) the United States 10) Substantial co-payments are typically not required as a part of the health care system in A) Canada and the United Kingdom. B) Japan and Canada. C) the United States and Japan. D) Japan and the United Kingdom. 11) The largest government-run health care system in the world, with 1.7 million employees, is the National Health Service (NHS) in the United Kingdom. The NHS receives its funding primarily from A) tariffs. B) the World Health Organization. C) income taxes. D) private businesses. 12) Typically, the ________ in a country, the higher the level of spending per person on health care. A) higher the level of income per person B) larger the population C) higher the level of income taxes D) lower the median age of the population 13) In ________, health care spending per person…Briefly explain the linear relationship between income levels and health Status.