PUBHLTH 122 Lecture Notes - Lecture 1: Hygiene, Capacity Planning, Price Controls
1 Apr 2017
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Document Summary
Gdp=sum of all products and services in the economy. Health care as % of gdp = 17. 9% Insurance a: capacity planning, disease progression, medical decision making, quality of care assessment, diagnostic tests, efficacy of treatments. Definition: when one side of the encounter has more information than the other side. Definition: an action such that the costs or benefits do not accrue to the same party. Positive externality: an action that confers a benefit on someone other the person taking the action. Negative externality: an action that imposes a cost on someone other the person taking the action. Decision to act based on internal costs and benefits: If total cost > internal costs too much action. If total benefit > internal benefit too little action. Providers: hospitals, physicians, nursing homes, home health agencies, clinics, nurses, nurse"s aides, dentists, hygienist, therapists, clinicians, laboratories, alternative medicine providers. Figure 2: 2014 national health expenditures - % of gdp.
