Exam 5: The Economics of Health Care

The health care system in the United Kingdom is referred to as ________,under which the government owns most of the hospitals and employs most of the doctors.

Over time,people in the United States and other high-income countries have,on average,become taller,which is an indication that their nutritional status has improved.

The Patient Protection and Affordable Care Act (ACA)is scheduled ________,at which point more than 30 million additional individuals are expected to have health care coverage.

Because consumers who have insurance provided by their employers usually only pay a deductible for a visit to the doctor's office

What is the main difference between a single-payer health care system and socialized medicine?

In the United States in 2012,the percentage of firms that employed more than 200 workers and offered health insurance as a fringe benefit to the workers was about

In the United States in 2012,the percentage of firms that employed more than 200 workers and did not offer health insurance as a fringe benefit to the workers was about

The Congressional Budget Office estimates that the payments to settle malpractice lawsuits and the premiums doctors pay for malpractice insurance account for ________ of health care costs in the United States.

Briefly describe the types of health care systems in Canada,Japan,and the United Kingdom.

In most circumstances,employees do not pay taxes on the value of health insurance their employers provide them.

Of the following high-income countries,which has the lowest infant mortality rate?

Which of the following is a part of the "employer mandate" provision of the Patient Protection and Affordable Care Act (ACA)?

Figure 5-2 Figure 5-2 represents the market for vaccinations.Vaccinations are considered a benefit to society, and the figure shows both the marginal private benefit and the marginal social benefit from vaccinations. -Refer to Figure 5-2.At the market equilibrium

Health problems prevent people from working harder,which can lower a country's total income.This indicates that in effect,health problems

Of the following high-income countries,which has the lowest number of MRI units per 1 million population?

The health care system in ________ is referred to as a single-payer health care system,and is a system in which the government provides national health insurance to all residents.

In the United States,the bulk of health care spending is paid by health insurance companies.Such a system is also called ________ where consumers of health care pay a nominal fee and the rest are paid by the health insurance provider.

Compared to the United States,health care spending per person in other high-income countries has been

What is the principal-agent problem?

In the United States in 2012,the percentage of firms that employed between 3 and 199 workers and offered health insurance as a fringe benefit to the workers was about