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<RECENT VERSION>
opening of 20th century - ANSWER ✔ -doctors were solo practitioners
-hospitals were single, independent entities, mostly non-profit
-long term care for the elderly was largely home-based
-pharmaceutical and medical device manufacturing was a small business
1847 - ANSWER ✔ founding of American Medical Association (AMA)
AMA - ANSWER ✔ -established standards for preliminary medical education for
the degree of MD
-Code of medical ethics
-recommended use of anesthetic agents for surgery and obstetrics
-noted the dangers of secret remedies (snake oil) and patent medicines
-recommended that state governments register births, marriages, and deaths
advances that made practice of medicine more successful in treating health
problems - ANSWER ✔ -improvements in surgery made during the civil war
,-application to medicine of advances in bacteriology by scientists such as louis
pasteur
provided the start for some of the largest names in the modern pharmaceutical
industry : wyeth, pfizer, squibb - ANSWER ✔ demand for therapeutics fueled by
the civil war
1861 - ANSWER ✔ founding U.S. nursing corps
nursing corps - ANSWER ✔ -created ambulance-to-emergency room system we
know today
-established hierarchy of treatment stations to type of hospital facilities
1899 - ANSWER ✔ founding of association of hospital superintendents
the individual mandate - ANSWER ✔ most citizens and legal residents have to
have health insurance
why individual mandate? - ANSWER ✔ private health insurance market is
intended to cover everyone not already insured (without ESI or gov insurance or
uninsured)
-ACA distributes health care costs over people in poor health and good health
(community rating)
-CRITICAL TO SUCCESS OF ACA
death spiral - ANSWER ✔ healthier people disenroll in the plan in favor of less
expensive coverage
, ACA put in place 3 organizations intended to lower health care costs and improve
quality over the long term - ANSWER ✔ independent payment advisory board,
center for medicare and medicaid innovation, prevention and public health fund
independent payment advisory board - ANSWER ✔ reduced deficits and debt
based on the values of shared responsibility and shared prosperity
ACA recognized that - ANSWER ✔ deficit reduction required reduced growth of
health care spending
ACA aimed to reduce costs by tackling - ANSWER ✔ -medicare fraud
-excessive payments for prescriptions
-shift costs to states (after 3 years of 'extra medicaid $' states would carry more
burden
-series of health care reforms that would save at least an additional $1 trillion in the
following decade
center for medicare and medicaid innovation - ANSWER ✔ established to develop
cost savings through health service research (like NICE in UK)
prevention of public health fund - ANSWER ✔ preventing health problems is
another way to decrease demand for HC
two sources of funds for ACA - ANSWER ✔ cuts in gov spending, new revenues