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Answer :
The popularity of stated preference techniques in the UK over the US is due to the UK's national health system with universal coverage, which contrasts with the US's reliance on private health insurance and fee-for-service models.
The reason why stated preference techniques are more popular in the UK than the US is primarily due to the UK having a national health system with universal coverage. The UK, like many other nations with English heritage, liberal market economies, and high levels of wealth and education, have robust, publicly funded healthcare systems that are accessible to all citizens.
This system focuses on ensuring that healthcare is available at a reasonable cost to all members of society, reflecting a value of social solidarity. In contrast, the US healthcare model relies heavily on private health insurance and a fee-for-service model where providers are incentivized by the number of procedures they perform, contributing to higher healthcare costs and less emphasis on universal access. Furthermore, universal healthcare is credited with reducing infant mortality, improving life expectancy, and enabling citizens to maintain better health compared to the US, where healthcare spending is far greater per capita.
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The reason stated preference techniques are more popular in the UK than in the US in the health sector is likely due to the UK having a national health system with universal coverage. The correct option is c.
This nationalized system allows for a more centralized approach to healthcare decision-making, which can benefit from the use of preference techniques to understand patient preferences and inform policy decisions.
This means that there is a greater emphasis on understanding patient preferences and needs in order to provide effective and efficient care.
In contrast, the US does not have a universal healthcare system, and decisions regarding healthcare resource allocation and funding are often made at a local or state level, with a greater emphasis on efficiency and cost-effectiveness. This has led to a greater focus on cost-benefit analysis and other quantitative approaches in healthcare research, rather than the use of stated preference techniques. The correct option is c.
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