EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN: 9781337668279
Author: Henderson
Publisher: YUZU
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Question
Chapter 15, Problem 4QAP
To determine
The approach or policy that should be accepted to deter market failure and its key features are to be determined.
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Discuss and carefully evaluate the health sector reform The Patient Protection and Affordable Care Act by briefly discussing the nature of the health sector reform project. Identify and briefly discuss three lessons learnt from this health sector reform.
Which of the following options is incorrect about US health care?
Health care spending as a share of GDP has been steady from 2008 to 2012
The projected health care spending as a share of GDP in 2020 is lower than the current share.
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Discuss pros and cons of having government involved in providing and/or paying for health care. If government is to be involved, which level of government - federal or state - is in in the best position to play a role in the provision of health care? (There may be no clear answer here.)
Chapter 15 Solutions
EBK HEALTH ECONOMICS AND POLICY
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- The stated premise behind the production function for health is that medical care, when combined with other inputs and a person's own time, produces good health. What is the marginal contribution of medical care to the production of health in the United States? Will spending more money on medical care improve the health of Americans, or is there another strategy that would work better? How would your answer change if you were studying health in a less-developed country?arrow_forwardWhich of the following is a reason for the prevalence of employer-sponsored health insurance in the US? It offers a way to pool risk (wrong) Wage controls in WWII made employer sponsored health insurance more common. (wrong) all are possible reasons Firm specific human capital helps reduce adverse selection.arrow_forwardDo countries with national health insurance programs have lower average medical costs than the United States? Is cost of care correlated with quality of care?arrow_forward
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