Health Systems

Health Systems - Health uniqueness effects not immediate...

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Health’uniqueness:’effects’not’immediate’ ! ’more’of’an’investment Forever’ Need’not’want. ’ Uncertainty’surrounding’it/unpredictable ’ Market’imperfections’ of’healthcare: ’ No’market’competition;’monopolization’ ! ’pharmaceuticals ’ Asymmetrical’knowledge’ ! ’hard’to’assess’the’value’of’what’I±m’ getting’back’vs.’what’I±m’putting’in. There’are’externalities:’ No’Constant’returns’to’scale:’healthcare’does’not’=’good’he alth’ Health’systems’are’supposed’to’deal’with’these’issues We’are’not’only’consumers’of’health’but’we’are’providers,’there’are’things’ we’can’do’to’promote’health’within’ourselves’and’to’others.’ HealthCARE’system:’more’hardware’stuff Physicians/traditional’healers ’ Treatment’ –’Rx ’ Facilities’ 8%’of’world’GDP’invested’in’this.
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Health Systems - Health uniqueness effects not immediate...

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