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.
