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Terms in this set (168)
Other "truths" in motivating Employed doctors are easier to motivate than
physicians behaviors include independent practitioners
Physicians identity themselves as "doctor" with a
higher level of intensity than "your employee"
What is Asymmetry of information? A gap in knowledge from person/group to another.
What is non-marketability of risk? inherent of medicine and medical practice
Moral Hazard behaving differently when you know someone else
is taking the risk (induced demand)
Adverse selection the sicker people likely want more insurance (the
healthier the less)
Pooling risk sharing risk proportionately among many is a basic
insurance concept
, What is PHC? (a subset of HCE) includes all medical goods and
services that are used to diagnose, treat, and
prevent health problems in a specific person.
Personal Health Care
How much $$ is spent on HC in US? $3.49trillion,
Per capita and % of GDP? 17.9% GDP and
$10,739 per capita.
Financing health care in U.S. .Workarounds
•Redundancies
•Contradictions
Percentage spent in hospitals? 33%- largest share of NHE
Percentage spent on Doctors? 26%- second highest share of NHE
Percentage spent on drugs? 9.5%-10.5%- third highest share of NHE
Chronic disease? defined broadly as conditions that last 1 year or
more and require ongoing medical attention or
limit activities of daily living or both.
(i.e. heart disease, cancer, and diabetes)
What are "personal behaviors" and 10 leading CODs attributed to personal behaviors-
how do they fit into the leading Tobacco, obesity, poor diet, substance
causes of death? misuse/abuse.
90% 0f Americans have 1 risk factor, 52% have 2 or
more
highest proportion in impoverished and
racial/ethnic minorities