Life_Worth_09 - How Much is a Life Worth PAM 4350 Kaiser...

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How Much is a Life Worth? How Much is a Life Worth? PAM 4350 PAM 4350 January 29, 2009 January 29, 2009
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PRIZES: First Place -- $1,000 Second Place -- $500 DEADLINE: March 2, 2009 Complete rules and requirements are available online . KaiserEDU.org is giving undergraduate and graduate students a chance to win a prize of $1,000 by writing an essay addressing the elements of health reform that President Obama's team should focus on in 2009. Essay Topic: President Obama has stated that reforming the health care system is one of his top priorities, and there is broad interest from policymakers and the public in making a change. During the campaign, he outlined a framework for reforming health care. The essay should cover: what elements of his plan should be prioritized given the current economic crisis, what elements are most likely to garner support and which ones will be most challenging and why? Kaiser Family Foundation Contest
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Partnership For  Partnership For  Honduran Health Honduran Health Improve Community Health Work with Honduran and US Medical Professionals Co-develop and implement health programs Cultural and Linguistic Immersion Late May to end of June Thursday, January 29 th Rockefeller Hall 132 Starts @ 6 PM General Interest Meeting for Summer Trip with Salud Juntos A Global Health Opportunity that will Make a Difference In Honduras [email protected]
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Finishing the 1/27 Lecture Finishing the 1/27 Lecture How much does the U.S. spend on  How much does the U.S. spend on  health care? health care? Where does the money go? Where does the money go? How are health costs trending over  How are health costs trending over  time? time? If the trend continues, can we afford it? If the trend continues, can we afford it? Why is spending increasing so rapidly? Why is spending increasing so rapidly? Why does the U.S. spend so much  Why does the U.S. spend so much  more than other countries? more than other countries?
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Source: Blendon, 2006. 19 5 8 14 19 35 % of Survey Respondents Who Believe a Specific Factor is Causing Health Care Costs to Rise Malpractice lawsuits Profits from pharmaceutical & insurance firms Greed & waste Medical technology and drugs High physician fees Other Let’s Ask the Audience
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Uses of the Health Care Dollar, 2007 Source: Hartman et al., 2009. The Math Doesn’t Work For Many of These Explanations Nursing Homes & Home Care, 10% Prescription Drugs, 12% Physician & Clinical Services, 25% Hospital Care, 37% Other, 11% Dental, 5%
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Proportion of spending on each health sector in 2006 X Spending growth rate in each sector, 2006 - 2007 = Overall growth rate of health spending The Math Behind Cost Growth Rates, 2006-2007 X 0.37 0.25 0.12 0.10 0.16 Hospitals Physician services Rx drugs Other Nursing home 0.075 0.028 0.070 0.018 0.050 0.006 0.072 0.007 Source: analysis of data in Hartman et al. (2009).
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