05oct27_finlsten

05oct27_finlsten - Finkelstein 27 Oct 05 health care...

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Finkelstein 27 Oct 05 health care payment "system" - do we have a system? - charitable name? health care in crisis? - many aspects of how healthcare is delivered: inefficiencies, errors, etc. - crisis refers to costs assoc w/ healthcare - current year: 14.5% gdp - 1980: spending 1/10 what we're spending now - 1990: spending 1/5 of what we're spending now - growth is what's notable growth in health care cost components - hospital care proportion has come down - physician care has gone up - pharmaceuticals GROWTH; why is this proportion rising so greatly? - prices increasing - volume: only in past 20 years or so have drugs been any good health insurance coverage - half of population gets insurance through their employer - 13.6% of population (40-45 million people) without insurance medicare - program for the elderly: retirement age are eligible - part a: hospital insurance: financed through trust fund - part b: supp medical insurance: not automatic, covers physicians' services, rates insufficient
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This note was uploaded on 11/11/2011 for the course BIO 7.344 taught by Professor Bobsauer during the Spring '08 term at MIT.

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05oct27_finlsten - Finkelstein 27 Oct 05 health care...

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