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Course: The Brookings Institution > Unit 1
Lesson 1: Introduction to health care in the U.S.- Introduction to the U.S. health care system
- Medicare
- Medicaid
- The U.S. uninsured population
- Paying for medicines: copays and deductibles
- Paying for medicines: tiering and formularies
- Understanding your medical bill
- Health care costs
- Private health insurance
- Health care for the chronically ill
- Health care exercise
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Private health insurance
Approximately half of Americans rely on their employers to help obtain and pay for health coverage. This video explains the history of private insurance, how risk-sharing works, and the incentives for employers and employees to share the responsibility of health care coverage. Created by Brookings Institution.
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- at9:00, wouldn't the insurers just negotiate with the hospitals? Why would they pay whatever the providers charge?(3 votes)
- why health insurance is needed?(1 vote)
- why is it that large number of people are uninsured(1 vote)
- This question is answered in the video "The U.S. uninsured population" in this series.(3 votes)
- From8:50to the end at12:26, the narrator discusses the conundrum of long-term care (LTC) for a chronically ill patient. He does not mention LTC insurance, which can cover at least a portion of LTC expenditures, Reliable financial advisors often recommend that young people purchase LTC insurance.
A second question involves the percentage of Medicaid and Medicare outlays which disappear as fraud by criminals in the healthcare system. I recall reading about a hospital administrator in Houston, who along with some physicians, diverted tens of millions of dollars in Medicare payments. Please comment on this very real phenomenon.(1 vote)- first of all I think young people can/should purchase medicare /medicaid. this is because you cannot tell when you gonna fall sick or will be needing skilled , rehab care or hearing defects and many other end of life illnesses.So, despite the short comings of medicare/medicaid such as low levels of care and immunization , it still covers up 20 percent of the nursing home bills compared to private insurance.(1 vote)