Study Guides for ECON256 at University of Waterloo

Chapter 11 What are the three principal means by which funds flow within a health care system Financing: Raising the monies required to pay for the operation of the health care system Funding: The allocation of revenue t...

Chapter 16 What are two main phenomena that will potentially be affecting the sustainability of Canadas publicly financed health system? Population aging Technological innovation in health care What does the implication...

Chapter 15 Why are pharmaceuticals an increasingly important component of health care? Therapeutically, prescription drugs are becoming an ever-more-important input to health production. Drugs are used to treat a growing...

Chapter 14 What were the three basic settings where people obtained care? - Home - In-patient hospital - Old folks home How much do hospitals represent as a component of the healthcare system? Is it hi...

Chapter 7 Review Why is healthcare different than standard goods and services we buy everyday? Healthcare involves life and death, society cannot treat health care the same as any other consumer products. What is the probl...

Chapter 12 What are the three basic elements of a funding scheme? - Participants: Include the parties to the exchange or transfer funds. (Government, health insurance providers, enrollees) - Funded se...

Chapter 9 What is risk pooling? When each member of a large group contributes a small amount (of money or effort) to the pool in return for the promise that, if a specified risky event happens to one of the members, money ...

Chapter 8 The analysis of health care demand informs a wide range of health care policies, what are they? - The design of insurance systems for health care services - Health human resource planning - Th...

Chapter 13 What does the economics of health care delivery involve the studying of? Why? The economics of health care delivery involves studying the concept of the firm as it applies to the supply of goods and services i...