Medical Incentives

20192020 Jadrian WootenLeave a comment

Gus and Mike have both been shot. However, the personnel at temporary medical facility they found themselves in only focus on saving Gus. Jesse is frustrated by this because Mike and he are very close. Nevertheless, the doctor points out that Gus is the priority because he is the one paying his salary. This is also visible in our current medical system. Specifically, those who have the ability to pay often receive priority and extra-quality healthcare, which may not be equitable, but may be, perhaps, efficient.

See more: incentives, health economics, health care, cost benefit analysis, efficiency, equity, fairness

Healthcare · Skyler · Walter

Paying for Treatment

20192020 Jadrian WootenLeave a comment

Now that Skyler knows about Walter’s cancer, they are on the lookout for ways to finance his healthcare. Skyler reaches out to one of the best oncologists in the country, but the first consultation alone is priced at about $5,000. This is not something a typical family in the United States can afford. However, the two could use their credit card or borrow the money form Hank, Skyler’s brother in law. Nevertheless, the reason this particular doctor is so expensive is because he is not part of their Health Maintenance Organization (HMO), which works to lower copay and further costs for those covered by insurance. In this regard, a health care system akin to the one in the United States can be a bit confusing and hard to navigate especially for the poor and less educated. This clip represents an interesting way to start the discussion of how individuals pay for medical care.

See more: health care, health economics, insurance