Health Economics and Policy
7th Edition
ISBN: 9781337106757
Author: James W. Henderson
Publisher: Cengage Learning
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Chapter 14, Problem 6QAP
To determine
To explain whether the Canadian health care system is a successful and viable option in the provision of medical care to everyone to be implemented in the United States of America.
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The Medicare system in the US approximates the workings of a single-payer system. Using the program as evidence, critics say that expanding the program to cover all Americans “would give us all the compassion of the Internal Revenue Service and the efficiency of the postal service at Pentagon policies” (Constance Horner, HHS official under Bush, quoted in stout, 1992). Proponents of a single-payer system point out our northern neighbors, whose Canadian version of Medicare works reasonable well. Although the Canadian system is not perfect, most citizens are satisfied with their medical care, which is available regardless of social or economic status. Does the Canadian experience translate into a successful application to a “Medicare for All” option in the US? What is the evidence?
Traditional Medicare provides uniform benefits to all recipients in all 50 states.
Is Canadian government spending on health care a direct expenditure or a transfer payment? How can you tell?
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Health Economics and Policy
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- which option is correct about Medicare and Medicaid? Medicaid is a federally-sponsored program while Medicare is sponsored with states and federal governments The health care cost of Medicare enrollees in the last two years of their life is very small Medicaid is less costly than Medicare Under the Affordable Care Act, Medicare was expanded at the cost of contracting Medicaidarrow_forward"Is Universal Health Insurance Possible in the United States?"arrow_forwardDemand falls by 5 percent for every 10 percent increase in price health care services. How much is the won price elasticity of demand for health care?arrow_forward
- What would happen if, in order to provide lower cost health care, the government decided to set a price ceiling (Pmax) in the health insurance market? (Please answer questions a, b, and c below.) What is the effect of this maximum price legislation on the market for health insurance? Briefly explain the situation for both consumers and producers (i.e. health care providers). What might the government do to achieve their intended aims (i.e. lower costs and increased quantity)?arrow_forwardBriefly discuss at least one of the outcomes of the 2008 Oregon Experiement? Briefly discuss why Medicaid payments to providers are lower than those paid through private insurers.arrow_forwardFor every 10 percent increase in price of health care services, demand falls by 3 percent. How much is the own price elasticity of demand for health care? 0.3 3.33 -3.33 -0.3arrow_forward
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