SICK AROUND AMERICA ECONOMIC INDICATORS AND HEALTH CARE.

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SICK AROUND AMERICA ECONOMIC INDICATORS AND HEALTH CARE

FACTS GDP=Final value of all goods and services produced in country in one year. GDP Formula= Consumption+Investment+Government Spending+ Net Exports (Exports-Imports) C+I+G+X

SICK AROUND AMERICA QUESTIONS DAY ONE Watch the video Chapter 1 and 2 up until 15 min 20 sec.video 1. What are the FOUR health care insurance options American’s can choose from? 2. How much of GDP is spent on health care? 3. What are the strengths of employer based health care? 4. What are the weaknesses of employer based health care? view/

SICK AROUND AMERICA DAY TWO Business Cycle -Fluctuations that occur when a country’s GDP is plotted over time. It includes five parts: Expansion -economy is growing Peak -economic growth maxes out Contraction -economic growth slows—also known as recession—characterized by rising unemployment. Trough -economy hits its low point of contraction Recovery -economic growth is occurring but still below previous peak in terms of value.

SICK AROUND AMERICA The Theory

SICK AROUND AMERICA The Reality

SICK AROUND THE WORLD Depression- a severe recessionary period. The Great Depression of in the US saw 20+% unemployment at its worst point. Unemployed- 16 or older Able to work Willing to work Non-institutionalized Non Military No job, seeking work

SICK AROUND THE WORLD VIDEO QUESTIONS, PART TWO Watch video: 15 min to 18:25 and 29:30-40:00video 1. Employer based healthcare works great if it is easy to find a job. What other solution might work besides employer based health care? 2. What are the difficulties a sick person faces in a system that does not guarantee coverage no matter your background? 3. Why do some sick people have to forego their dreams even though they can work? 4. If you live below the poverty threshold, you can get Medicaid. What is the poverty threshold?poverty threshold

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