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The U.S. spends approximately 18% of GDP on health care - and with the current pandemic crisis will likely pass 20% of GDP spent on

  • The U.S. spends approximately 18% of GDP on health care - and with the current pandemic crisis will likely pass 20% of GDP spent on healthcare in 2020. What economics-based changes could be implemented to attempt to lower this percentage? Imagine that your audience is White House staff.
  • Looking at concepts from Chapter 18 on behavioral economics, what biases (choose 2 or 3) or other pitfalls explored through the study of behavioral economics does your organization need to be aware of? Imagine that your audience is the CEO of your company or organization.
  • Discuss the problem of adverse selection if the U.S. is committed to prohibiting insurers from refusing to insure individuals with pre-existing conditions. Your audience is an insurance company.
  • Discuss the economic implications of viewing healthcare as a right versus viewing it as a commodity. Your audience is a congressional staff.
  • Discuss the economic effect to your organization (a healthcare organization that you work for or that you would like to work for) if the U.S. were to adopt a single-payer health care system. Imagine that your audience is the head of your organization. Your audience is the management of the healthcare organization you work for or that you would like to work for).
  • Choose a topic of your own that presents a problem related to health or healthcare that can be addressed by using solutions employing economic concepts. If you have a problem that involves health or healthcare economics at work, feel free to use this. The more practical the better!

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