TAILIEUCHUNG - Lecture Issues in economics today - Chapter 20: Health care

Lecture Issues in economics today - Chapter 20: Health care. The main contents of this chapter include all of the following: Where the money goes and where it comes from, insurance in the ., economic models of health care, comparing the . with the rest of the world. | Chapter 20 Health Care Chapter Outline WHERE THE MONEY GOES AND WHERE IT COMES FROM INSURANCE IN THE . ECONOMIC MODELS OF HEALTH CARE COMPARING THE . WITH THE REST OF THE WORLD The Money 14% of GDP spent on health care ( trillion of 10 trillion) 43% spent by governments (Medicare, Medicaid etc.) Government Health Programs Medicare public insurance in the . which covers those over age 65 $214 billion Medicaid public insurance in the . which covers the poor $186 billion Where the Private Money Comes From Private Insurance $355 billion Out-of-Pocket Patient Expenses $187 billion Where the Money Goes Hospitals $391 billion Doctors $269 billion Prescription Drugs $100 billion Research $22 billion Insurance Coverage 84% covered all year 11% covered part of the year 5% without any insurance all year Insurance Types Private Group Insurance 168 million Private Individual Insurance 22 million Medicare 36 million Medicaid 28 million Why People Buy Insurance People who believe that

• Quản lý Nhà nước
• Issues in economics today
• Lecture Issues in economics today
• Macroeconomic issues
• International issues
• Price control issues
• Economic models of health care
• Economics of crime
• Economics of children
• Opportunity cost
• Prescription drugs
• Demand model
• Elasticity of demand
• Firm production
• Perfect competition
• Gross domestic product
• Federal spending
• Fiscal policy
• Monetary policy
• Flaws in the CPI
• International trade
• International monetary fund
• Trade agreements
• Economic model
• Environmental problems
• Medicaid costs
• Public insurance
• Human capital
• Measuring poverty
• Social security
• Head start