Healthcare Economics

Credit Available

* You will be redirected to the BCM DCPD credit management site when claiming credit and may be asked to register or log in.

In this two-part video presentation, you will learn about the history of insurance in the United States, different healthcare payment systems, moral hazard and adverse selection, and how healthcare resources are allocated.

Activity Information

How to Claim Credit

You may claim credit after watching this activity.

You will be redirected to the BCM DCPD credit management site when claiming credit and may be asked to register or log in.

Needs Statement

The Ethics, Professionalism, and Policy Program (EP3) is the ethics education curriculum created by the Center for Medical Ethics and Health Policy. The goal of the EP3 program is to educate the medical community about biomedical ethics. The EP3 topics are issues most medical providers encounter regularly but many feel unequipped to handle. The EP3 program’s goal is to provide easily digestible and actionable recommendations and resources about these complicated topics.

Educational Objectives

At the conclusion of this activity, the participant should be able to:

  • Compare and contrast the different types of insurance models available in the US.
  • Describe how insurance works and its different components.
  • Identify common ethical issues around healthcare costs and strategies to best manage them.

Target Audience

Professional Categories

  • Physicians
  • Medical Students
  • Fellows
  • Residents

Specialties

Interest Groups

  • Ethics
  • Hospital Medicine
  • Primary Care

Activity Evaluation

Evaluation by questionnaire will address program content, presentation, and possible bias.

Educational Methods

  • Lectures

Accreditation/Credit Designation

Baylor College of Medicine is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.

Baylor College of Medicine designates this enduring material activity for a maximum of 0.5 AMA PRA Category 1 Credit(s)™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

This activity has been designated by Baylor College of Medicine for 0.5 credit of education in medical ethics and/or professional responsibility.

Lead Contributor

  1. Stephanie Morain, Ph.D., M.P.H.

    Stephanie Morain, Ph.D., M.P.H.

    Assistant Professor
    Baylor College of Medicine

Term of Approval

December 1, 2022 through December 31, 2024. Original release date: December 1, 2022.

Disclosure Policy

Baylor College of Medicine (BCM) is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education (CME) for physicians. BCM is committed to sponsoring CE activities that are scientifically based, accurate, current, and objectively presented.

In accordance with the ACCME Standards for Commercial Support, BCM has implemented a mechanism requiring everyone in a position to control the content of an educational activity (i.e., directors, planning committee members, faculty) to disclose any relevant financial relationships with commercial interests (drug/device companies) and manage/resolve any conflicts of interest prior to the activity. Individuals must disclose to participants the existence or non-existence of financial relationships at the time of the activity or within 24 months prior.

In addition, BCM has requested activity faculty/presenters to disclose to participants any unlabeled use or investigational use of pharmaceutical/device products; to use scientific or generic names (not trade names) in referring to products; and, if necessary to use a trade name, to use the names of similar products or those within a class. Faculty/presenters have also been requested to adhere to the ACCME's validation of clinical content statements.

BCM does not view the existence of financial relationships with commercial interests as implying bias or decreasing the value of a presentation. It is up to participants to determine whether the relationships influence the activity faculty with regard to exposition or conclusions. If at any time during this activity you feel that there has been commercial/promotional bias, notify the Activity Director or Activity Coordinator. Please answer the questions about balance and objectivity in the activity evaluation candidly.

All of the relevant financial relationships listed for these individuals have been mitigated.

Disclosures

The following individual(s) has/have reported financial or other relationship(s) with commercial entities whose products/services may relate to the educational content of this activity:

Planning Committee Members

  1. Jennifer Blumenthal-Barby, Ph.D., M.A.

    Jennifer Blumenthal-Barby, Ph.D., M.A.

    Cullen Associate Professor of Medical Ethics
    Baylor College of Medicine

    Disclosure:

    Nothing to disclose.

  2. Savitri Fedson, M.D., M.A.

    Savitri Fedson, M.D., M.A.

    Associate Professor
    Baylor College of Medicine

    Disclosure:
    • Honorarium Recipient: American Board of Internal Medicine

Lead Contributor

  1. Stephanie Morain, Ph.D., M.P.H.

    Stephanie Morain, Ph.D., M.P.H.

    Assistant Professor
    Baylor College of Medicine

    Disclosure:

    Nothing to disclose.

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