Update ) Healthcare
Policy | Questions & Verified
Answers | 100% Correct | Grade A –
LSUS
Question:
What is a market justice approach?
Answer:
Pay to play --> those who can afford healthcare can access it.
Question:
What is a social justice approach?
Answer:
Everyone should have access to healthcare & it should not be based on ability
to pay.
,Question:
What are the assumptions associated with a market justice approach to
healthcare?
Answer:
1. healthcare is just like any other good & service (S&D).
2. Individuals paying for goods & services rewards society.
3. health is an investment/commodity (not right).
4. People & providers are in best position to decide health, not the
government.
5. Free market is free (works best w/o gov interference)
Question:
What is the US healthcare market composed of today?
Answer:
- A mix of market & social justice system.
Question:
Medicare & Medicaid are driven by what kind of market?
Answer:
- Social justice market (government involvement/regulation/decisions)
, Question:
Who enacted the Health Security Act in 1990s?
Answer:
- Hillary Clinton
- Universal coverage mandate.
- Financing was provided from projected cuts in Medicare/Medicaid spending
& increased tobacco taxes.
- Defeated by congress under Obama admin.
Question:
Who enacted the Affordable Care Act in March 2010?
Answer:
- Obama
- Reformed the private health insurance market.
- Extended coverage
- Removed preexisting conditions denials.
- Financed through taxes (40% on cadilac taxes --> pharma, med device,
tanning salon)