This website paid for by "Ropes for Senate" Committee, Joliene Olson, Treasurer 416 W. Howard St., Winona, MN 55987
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Health Care: the Ropes
Course
Every year, about what percentage
of personal bankruptcies are caused
by medical problems that overwhelm
people's abilities to pay?
50% 40% 30% 20%
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"Cost sharing" (having a high
"deductible", and a high "co-pay
for prescriptions") is a good way
to reduce medical insurance costs,
because it reduces unnecessary
treatments.
True
False
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Overhead costs of the federal Medicare
program use about 2% of expenditures.
Overhead costs of Medicaid use 5% of
that program's expenditures. What are
the overhead costs of the private
enterprise Medica (Minnesota's largest
HMO):
44% 19% 7% 3%
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U.S. health care expenditures amount
to $1.7 Trillion every year. What
percent of the U.S. Gross Domestic
Product does $1.7 Trillion make?
20% 15% 10% 5%
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"Universal Health Care", affordable
health care for everybody, is an
impossible ideal. Nobody
understands how health care finance
works, so we should just leave it up
to the free market, and let the
health care industry and insurance
industry sort it out!
False False
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Because such a large amount of money
is spent each year in the U.S. on
health care (both in absolute dollars
and per capita), we have created the
finest health care system in the
world, by all accepted measures.
True
False
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