9 - Health Policy Flashcards
Why should governments intervene in healthcare markets?
Imperfect information - adverse selection in the healthcare market
Redistributive argument: two dimension of inequality
Redistribution from rich to poor:
against argument - consumer sovereignty
The choice of instruments in healthcare
The generosity of health insurance
**Optimal health insurance generosity
Important definition
Show on a graph:
The deadweight loss from excessive health care
The price elasticity of healthcare
Selection bias equation
Rand health insurance experiment
Public healthcare in the US
How does medicaid affect health?
Medicaid expansions in the 80s and 90s
See lecture notes MT-9 p.24
Estimate the effect of Medicaid on health outcome: Currie-Gruber
The rise in healthcare spending
Why is health care spending rising?
Why are healthcare costs rising?
Summary: Health Policy
