SOCIOL 1101 Lecture Notes - Lecture 10: Health Care In The United States, Video Lesson, Patient Protection And Affordable Care Act
15 Nov 2016
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Function: address the problem of sickness and ill-health and society. Disease-cure system: based on biomedical model of health which defines disease objectively and views the body is a machine that can be continually repaired; many believe that the most illnesses are curable. Public (government funded; medicare/medicaid) and private (privately funded employment-based or direct purchase insurance) Affordable care act (aca): exchanges are a mix of private and public; government subsidizes purchase of insurance on exchange from private company for those who meet qualifications for subsidy. Individual mandate: everyone must have insurance or pay penalty. Socialized medicine: government owns and manages the healthcare system. Universal healthcare: guarantees health care coverage to all the health care providers are private (not government employees) In 2000, amount spent on healthcare equaled that spent on education, defense, prisons, farm subsidies, food stamps, and foreign aid combined. Sellers determine price and product options: no competitive market please and inelastic demand.
