Chapter 7: Problem 4
What is meant by the phrase "health outcome"? How do health outcomes in the United States compare with those of other high-income countries? What problems arise in attempting to compare health outcomes across countries?
Chapter 7: Problem 4
What is meant by the phrase "health outcome"? How do health outcomes in the United States compare with those of other high-income countries? What problems arise in attempting to compare health outcomes across countries?
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(Related to the Apply the Concept on page 243) \(A\) column in the Wall Street Journal observed, "Independent websites like Edmunds.com, AutoTrader.com and Kelley Blue Book publish detailed pricing information [on automobiles] for consumers and do so for free. Consumers want such information and businesses see opportunity in providing it, even for free, in order to attract eyeballs for advertising..... Such information doesn't exist in health care." Why aren't there Web sites that offer pricing data on health care and make a profit from selling advertisements?
Some firms offer their employees a health care plan with high deductibles, sometimes as much as \(\$ 4,500\) per year. What effect do high-deductible plans have on how often employees visit doctors or otherwise use health care services? If the federal government were to require that employer health care plans have deductibles that were no greater than \(\$ 200\) per year, would the employees in these plans be better off? Would the employers offering these plans be worse off? Briefly explain.
Briefly discuss how economists explain the rapid increases in health care spending.
Briefly compare the health care systems in Canada, Japan, and the United Kingdom with the health care system in the United States.
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