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Rationing is the controlled distribution of scarce resources, goods, or services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one person's allotted portion of the resources being distributed on a particular day or at a particular time.
Rationing is the controlled distribution of scarce resources, goods, services, [1] or an artificial restriction of demand. Rationing controls the size of the ration, which is one's allowed portion of the resources being distributed on a particular day or at a particular time. There are many forms of rationing, although rationing by price is ...
Healthcare rationing in the United States exists in various forms. Access to private health insurance is rationed on price and ability to pay. Those unable to afford a health insurance policy are unable to acquire a private plan except by employer-provided and other job-attached coverage, and insurance companies sometimes pre-screen applicants for pre-existing medical conditions.
Many U.S. hospitals are struggling to find chemotherapy drugs, antibiotics and other lifesaving treatments amid an escalating nationwide drug shortage crisis, new survey finds.
The following table illustrates the impact of the pandemic on key economic measures. February 2020 represented the pre-crisis level for most variables, with the S&P 500 stock market index (a leading indicator) falling from its February 19 peak. From February through June, the number of persons with jobs was down 14.6 million.
'The pandemic has exacerbated this trend' The health of a region’s economy is generally correlated with the size of its population, and the pandemic saw major population changes across the country.
Most Americans have private health insurance, and non-emergency health care rationing decisions are made based on what the insurance company or government insurance will pay for, what the patient is willing to pay for (though health care prices are often not transparent), and the ability and willingness of the provider to perform uncompensated ...
Their willingness to maintain large stocks has tended to vary with the severity of the most recent pandemic. For example, in the early 2000s, President George W. Bush increased US pandemic stockpiles. [4] These were depleted in the 2009 swine flu pandemic. The pandemic was seen by the public as mild, which led to a backlash over preparedness ...