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Reform Duel

How much do you know about the health-care reform debate?
CFO Staff, CFO Magazine
September 1, 2009

When Congress reconvenes this month, lawmakers will resume the debate over health-care reform, even as many of them lick their wounds from last month's contentious town-hall meetings. How much do you know about some of the key facts, figures, and attitudes that inform the debate?

1) Last year, total health-care spending in the United States represented what percentage of GDP?
A. 4%
B. 9%
C. 13%
D. 17%

2) CFOs ranked "cost of health care" as their #3 top internal concern in the summer of 2008. This year it:
A. Rose to #1
B. Remained at #3
C. Dropped to #6
D. Dropped off the Top 10 list

3) Percentage of employers confident that they can afford to offer health-care benefits in the next decade:
A. 52%
B. 62%
C. 72%
D. 82%

4) The health-care challenge most commonly cited by employers in both 2008 and 2009:
A. Cost of prescription drugs
B. Employees' health habits
C. Federal regulations
D. Hospital admitting practices

5) Percentage of Americans willing to pay higher taxes so that all Americans can have health coverage:
A. 19%
B. 28%
C. 35%
D. 41%

6) Ratio of U.S. health-care spending devoted to preventive versus purely elective treatments:
A. 1:1
B. 1:2
C. 1:3
D. 1:4

7) Percentage of preventive care paid for by consumers out-of-pocket:
A. 34%
B. 44%
C. 54%
D. 64%

8) Market share of generic prescription drugs (by value) in the United States in 2008:
A. 15%
B. 25%
C. 35%
D. 55%

9) Percentage change in Americans who rate the U.S. health-care system "good" as of August 2009 versus a year earlier:
A. Decrease of 20%
B. Decrease of 10%
C. Increase of 10%
D. Increase of 20%

Sources: National Coalition on Health Care (1); CFO Business Outlook Survey (2); Watson Wyatt (3, 4); Rasmussen Reports (5, 9); McKinsey (6, 7); IMS Health (8)

Answers: 1–D; 2–C; 3–B; 4–B; 5–B; 6–D; 7–C; 8–D; 9–D