Unit 9 Homework Eco 765 1. The US health care system relies more on competition, market...

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Unit 9 Homework Eco 765 1. The US health care system relies moreon competition, market mechanisms, and pricing than Beveridge-typesystems. a. Summarize the pros and cons of the UK approach (i.e.relying less on competition and markets, having a centrallycontrolled, single-payer system). In your assessment, what is thegreatest success of the UK system? Explain. b. How has the UKattempted to address the negative aspects of their single-payersystem through various policy reforms? Be sure to explain theeconomic rationale for the reforms. c. How successful have UKreform attempts been? Why has the NHS been experiencing problems inrecent years? (read the articles on D2L!; not Covid-19 related) d.How might NHS internal-market reforms create a “race to thebottom”? You might have to look up this expression...this is acommon critique of many different public policies. e. Evaluate thepros and cons of having a parallel private market for health carealongside the NHS.

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A The pros and cons of UK approach are as follows Pros 1 Better public health Every citizen will get a better health care in UK This system allows every citizen to approach to the basic equall health care This will enhance the health of the population and the country can develop a better population which can contribute to the economy Every citizen can approach immediatly when they feel illness 2 Better reach Every citizen can reach the health care regardless of the place they are staying It is availabel all over the country The government ensures that the healthcare can be accessed by every citizen with ease 3 Eqality The government ensures that the citizen will have the benefits of the healthcare without any discrimination They ensure that each people can acces the medications without any discrimination and they are supposed to face any inequality 4 Cheap Medication The medication of the country is very cheap so that everyone can buy the prescribed medication without much cost As they dont have See Answer

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