Archive for Economics

What is the percentage of health care costs in the final months of life?

health
jl a asked:


I have heard that 80% of health care expenditures in the US are spent in the final three months of life. This seems to be one ofthe reason that the US has higher cost of medical care than other countries.

Comments (1)

How does a government-supported health care system affect that country’s currency exchange rate?

health
Craig asked:


For example, if the Canadian government were to decide not to provide national health care to its citizens, mandating that employers pay part or all of the premiums instead, what would happen to the value of the Canadian dollar, and, therefore, the competitiveness of Canadian exports to the US? My econ professor brought this up last week and I’ve been noodling over it ever since. Would this weaken or strengthen the Canadian dollar and why? Thanks much!

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Is health insurance responsible for the ridiculous cost of health care in the US?

health insurance
idlenessss asked:


Since capitolism is based on the concept that competition mixed with supply and demand will motivate compainies to maximize their efficiency and innovation, would it not seem that health insurance, whereby the person receiving the service is not actually required to pay the bill, would prevent hospitals from caring about havign a reasonable price fortheir service, or for operating efficiently? (sorry for the long sentence) Since hospitals are plentiful, would not simple free market economy work with with medicine in the US, and force prices to drop the a reasonable amount that people can actually afford, as it does with food, shelter, and all the other necesities that benefit from the superior free market economy? Could solving the problems of health care in the US be as simple as eliminating all health insurance companies?

Comments (6)

What theories can economics draw upon to evaluate Health care reforms?

health
Kevin I asked:


Hi, I am a stduent studying Health Economics.
I am just wondering what kind of economic theories we can use when evaluating the health care reform.

Please let me know if you have any idea and thanks for reading!

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