Global Economics of Health Care

Paper Summary:

This paper examines the economic systems that govern decision-making policies of the health care systems in England and the U.S. It briefly provides an overview of these systems and then looks at the similarities and differences in their operating systems.

Comparing Health Care Systems
Health Care in England
Health Care in the United States
Works Cited

From the Paper:

"The tort systems of Commonwealth nations other than New Zealand remain basically similar to the American system, with the following exceptions germane to America: (1) civil jury trials prevail in the United States, but have been largely abolished elsewhere; (2) In the United States the losing party is not responsible for the legal fees and costs of the winner, unlike other locales; and (3) American law has no limits on contingency fees. Combined, these differences lead to speculative litigation, which is the legitimate basis for overarching jury awards in this country. "One can define a speculative claim as one whose success depends not on the intrinsic legal merits of the claim, but on fortuity." "

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