COMM 2273 Lecture Notes - Lecture 12: Harvard Business Review, Contemporary Economic Policy, Health Affairs
10 Feb 2020
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Health related productivity losses in the united states. Workers who have access to insurance are often proven to be more productive. Health insurance as a productive factor march 2012 workers who were uninsured missed almost five more days of work each year than those who had insurance. Uhc allows for more disposable income within communities. Health affairs march 2016 individuals and families having more disposable income to spend on goods and services. additional spending produces a multiplier effect, as increased business revenues are passed on to suppliers and employees, who use them in turn. One estimate puts the multiplier effect of medicaid expansion at between 1. 5 and 2 times the amount of new federal medicaid spending. Healthcare treatment without insurance increases individual"s risk of economic turmoil. Uninsured individuals who become hospitalized experience a host of financial setbacks over the next four years, including reduced access to credit and a significantly higher likelihood of filing for bankruptcy.
