12 Questions
What is the primary goal of healthcare insurance companies?
To spread the risk of large medical bills and make a profit
What is the main purpose of statisticians in healthcare insurance companies?
To predict the likelihood of policyholders getting sick
What is the key difference between high-cost and low-cost policies?
The amount of coverage provided
What is the purpose of deductibles in healthcare insurance?
To pay for medical services upfront
What are 'out of network' costs in healthcare insurance?
Costs not covered by the policy
Why do individuals with healthcare insurance still end up paying directly for some healthcare services?
Because their policy doesn't cover certain services
What is the primary requirement to access healthcare in the US?
Having a certain amount of money
In a socialized care model, who is responsible for determining what care to provide to citizens?
Government
Why is health insurance profitable?
Because medical bills are high and unpredictable
What is a key difference between private care and socialized care models?
Private care is funded by individuals, while socialized care is funded by taxes
Why do many Americans struggle to afford healthcare?
Because healthcare is expensive and not everyone can afford it
What is the primary purpose of health insurance?
To protect individuals from high and unpredictable medical bills
Explore the differences between viewing healthcare as a privilege or a right, and how it affects access to medical care in the US. Compare and contrast private care and socialized care models.
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