X hits on this document

Powerpoint document

Cost Containment and the Patient Protection and Affordable Care Act - page 16 / 30

107 views

0 shares

0 downloads

0 comments

16 / 30

Patient insensitivity to costs

Insurance => Price-insensitive consumers

If treatment costs $100 and yields a “value” of $75, it shouldn’t be provided—but if the patient only pays $25 and receives the $75 value, it will be worth it to the patient

Americans pay more total dollars out of pocket, but we generally pay a smaller percentage of our health care costs out of pocket (i.e., through deductibles and co-payments) (premium payments are not included)

France-8%, US-13%, Germany-13%, Canada-15%, Japan-17%, Switzerland-32% (Peterson & Burton 2007)

Tax subsidies for insurance premiums

Document info
Document views107
Page views107
Page last viewedSun Jan 22 22:54:35 UTC 2017
Pages30
Paragraphs269
Words1524

Comments