Health Equity and Equality Quiz

What is the main focus of health economics?

Applying economic theory to healthcare decision-making

Why is health economics important in the context of increasing health expenditure?

To optimize resource allocation and improve healthcare outcomes

What is the primary challenge addressed by studying health economics?

Managing the scarcity of healthcare resources

In what way can economists contribute to solving healthcare resource scarcity?

By finding ways to optimize the use of limited healthcare resources Signup and view all the answers

What is the significance of studying health economics in the context of age-related healthcare demand?

To understand the implications of an ageing population on healthcare costs Signup and view all the answers

In the context of health economics, what are some ways in which hospitals can improve the efficiency of their operations?

Properly managing drug ordering and storage, and avoiding wastage and stealing Signup and view all the answers

How does allocating more resources to healthcare impact other sectors?

It results in fewer resources available for other goods and services in other sectors Signup and view all the answers

What is a key role of the government in health care markets?

Ensuring the efficiency of health facility operations Signup and view all the answers

How can health economics help health systems with scarce resources?

By encouraging the efficient use of resources through financial data collection and cost analyses Signup and view all the answers

What are some ways in which hospitals can improve the efficiency of their operations according to the text?

Fully utilizing equipment and properly managing drug ordering and storage Signup and view all the answers

What is the primary reason for Dr. Lee's decision to choose Vaccine A?

The immediate and certain risk of the common seasonal flu Signup and view all the answers

What is the main drawback of Vaccine B, as mentioned in the text?

The immediate risk being low Signup and view all the answers

What does Vaccine A protect against?

A common and moderately severe seasonal flu Signup and view all the answers

What was a key factor in Dr. Lee's decision-making process?

The desire to minimize the overall sickness in the town Signup and view all the answers

What is the economic implication of Dr. Lee's decision to choose Vaccine A?

Minimization of immediate and certain health risks Signup and view all the answers

What is the main difference between equity and equality in healthcare?

Equality means an equal distribution, while equity means fairness and a fair distribution based on individual circumstances. Signup and view all the answers

In the context of healthcare, what does efficiency refer to?

Efficiency refers to the allocation of limited economic resources to meet the healthcare needs of a society. Signup and view all the answers

What is the primary focus of equity in health economics?

Addressing inequalities in health and healthcare through redistributive policies. Signup and view all the answers

In the context of healthcare, what does fairness mean?

Fairness refers to an equal distribution of health and health care between people. Signup and view all the answers

What is the key challenge in balancing equity and efficiency in healthcare?

Allocating economic resources to meet healthcare needs while ensuring fairness and maximizing benefit. Signup and view all the answers