Summary: Code Red E-Book

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• Herausgeber: Political Book Summaries
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 15

Veröffentlichungsjahr: 2017

Beschreibung

The must-read summary of David Dranove's book: “Code Red: An Economist Explains How to Revive the Healthcare System Without Destroying It”.

This complete summary of "Code Red" by David Dranove, a renowned American economist, outlines the author's analysis of the factors that affect American health care system and his proposals to improve the system. Concerned at the state of the healthcare system and its repercussions on the quality of patient care, he suggests improvements to the insurance markets and reforms that will lead to efficiency and better healthcare for all.

Added-value of this summary:
• Save time
• Understand the American healthcare system and its shortcomings
• Expand your knowledge of American political and societal issues

To learn more, read "Code Red" and discover the thorny issue of healthcare reform and its potential benefits.

Leseprobe

Book Presentation: Code Red by David Dranove

Book Abstract

The United States healthcare system is in trouble, with 47 million Americans uninsured and medical costs skyrocketing as new technologies come onto the market. Healthcare costs are complex to calculate and analyzing the effectiveness of procedures is becoming even more difficult. In Code Red, economist David Dranove walks us through the maze of factors that affect health care in America and offers his suggestions for improving the system.

About the Author

David Dranove is the Walter McNerney Distinguished Professor of Health Industry Management at Northwestern University’s Kellogg School of Management. His past books include What’s Your Life Worth and The Economic Evolution of American Health Care.

Summary of Code Red (David Dranove)

PART ONE: DIAGNOSING THE CONDITION

An Accidental Health Care System

In the late 19th century, health care was basic, but inventions like anesthetics, antiseptics, and X-rays arrived in the early 20th century, raising medical expenses to the point where they sometimes drained life savings. States began to intervene. By 1915, half the states had enacted health care legislation and a movement for national health care began.

National health care proposals failed every time they were suggested. Even the popular president Franklin D. Roosevelt did not succeed in persuading the country. After World War II, President Harry Truman unsuccessfully supported a plan to grant 60 days of hospital care.

There were a few successes. The Kerr-Mills Act of 1960 created Medical Assistance to the Aged, providing federal matching grants to the states. A major step came in 1965, when Lyndon Johnson created Medicare and Medicaid. Medicare covers people who receive Social Security benefits, and Medicaid covers the “medically indigent.”