Textbook Notes (368,460)
Canada (161,892)
Economics (326)
ECON 243 (3)
Chapter 3

ECON 243 Chapter 3: ECON243 Week 2 Reading Notes: Articles and Text
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Department
Economics
Course
ECON 243
Professor
Ugurham Gazi Berkok
Semester
Winter

Description
An Insurers Worst Nightmare: • Insurance can act as an accident safety net, but may also make people more accident prone. • Customers who have the greatest incentive to buy insurance are often those who pose the worst risk for insurers. Canadian Healthcare Reform: • Steps to reform medicare: 1. Control spending by limiting medicare coverage to essential treatments that work 2. Modernize primary care by moving away from solo physician practices to interdisciplinary teams 3. Create some type of universal prescription drug plan 4. Shift money from institutional care to home care so we can look at people where they live 5. Instead of spending large amounts of money to marginally extend survival of the terminally ill invest it palliative care CH3. Demand For Healthcare • As healthcare requi
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