Universal Health Coverage explained

The video explains universal health coverage (UHC) as a system where everyone can access necessary healthcare without financial strain. It discusses funding sources like government budgets and insurance, and the three dimensions of UHC: people covered, costs covered, and service range. The video contrasts UHC with market-based healthcare, highlighting market failures in healthcare provision. It emphasizes UHC's benefits, such as poverty prevention and economic growth, and introduces DCP3, a tool for economic evaluation in healthcare. Examples of UHC implementation worldwide are provided.

What are the three dimensions of universal health coverage?

• Proportion of costs covered, government funding, private insurance

• Range of services available, quality of services, private insurance

• Proportion of people covered, quality of services, government funding

• Proportion of people covered, proportion of costs covered, range of services available

Why is healthcare not well-suited to market dynamics?

• Because it is a luxury good

• Because it is not profitable

• Because it involves adverse selection and information asymmetry

• Because it is too expensive

What is the main reason for market failure in healthcare?

• Excessive competition

• Lack of government intervention

• High demand for services

• Adverse selection and information asymmetry

How does universal health coverage benefit entrepreneurs?

• By encouraging innovation and reducing financial risk

• By providing them with free healthcare

• By reducing their tax burden

• By offering them government subsidies

What is DCP3 and what does it promote?

• A private organization funding healthcare research

• A government policy for universal health coverage

• A series promoting economic evaluation for priority setting in healthcare

• A healthcare insurance plan promoting private healthcare