WTF Is This?
The amount you pay monthly just to have the plan, regardless of whether you use medical services.
What is Premium?
This country’s National Health Service provides care that is free at the point of use for all legal residents.
What is the United Kingdom?
This class of diabetes and weight loss drugs, including Ozempic and Wegovy, became global blockbusters and triggered shortages across multiple countries.
What are GLP-1 agonists?
This long running medical drama follows surgical residents at a Seattle hospital.
What is Grey's Anatomy?
This student run annual conference at Kellogg brings together leaders from health systems, payers, pharma, and digital health and draws 400 plus attendees.
What is the Kellogg Business of Healthcare Conference?
The fixed amount you must pay out-of-pocket for covered services before your insurance plan begins to pay.
What is Deductible?
This country uses a “Bismarck model” where most people get coverage through nonprofit sickness funds financed by employers and employees.
What is Germany?
This company type negotiates drug prices and rebates on behalf of insurers and employers, often determining which drugs appear on formularies.
What is a PBM?
This sarcastic TV doctor is known for solving rare cases while limping and playing the piano.
Who is Dr. Gregory House?
HCAK lists two “foundational courses” and one of them is STRT-444-0.
What is Healthcare Economics?
A fixed, flat fee you pay for a specific covered service, such as a doctor’s visit or prescription.
What is Copay?
This country runs a single-payer system that covers all residents and is famous for using a national fee schedule to tightly control provider prices.
What is Japan?
This country allows its government to directly negotiate drug prices for its national health system, resulting in some of the lowest branded drug prices in the developed world.
What is the United Kingdom?
This real life biotech startup became a scandal after claiming it could run hundreds of tests from a single drop of blood.
What is Theranos?
HCAK’s in-depth courses are organized into two main tracks: Life Sciences/Products and this other track.
What is the Payer/Provider Track?
Your share of the costs of a covered service, calculated as a percentage after you have met your deductible.
What is Coinsurance?
This country runs the world’s largest government funded health insurance program by number of beneficiaries, covering over 500 million people for hospital care.
What is India?
This category of medicines for rare diseases often costs over $300,000 per patient per year and receives special incentives like extended market exclusivity to encourage development.
What are orphan drugs?
This rapper revealed his bipolar disorder diagnosis and brought mental health into mainstream music conversations.
Who is Kanye West?
This Kellogg professor is one of the most cited health economists in the US and frequently advises Congress and CMS on drug pricing and competition policy.
Who is Craig Garthwaite?
A document sent by the insurer after you receive care, explaining what was covered, what was billed, and what you owe.
What is Explanation of Benefits (EOB)?
This low-income country built a nationwide community health worker network that dramatically reduced child and maternal mortality and is now studied by the World Health Organization as a model system.
What is Rwanda?
This 2022 US law for the first time gave Medicare the power to directly set maximum prices for a limited number of high-spend drugs, changing global launch and negotiation strategies.
What is the Inflation Reduction Act?
This fashion model became the face of a global breast cancer awareness campaign after publicly sharing her diagnosis.
Who is Angelina Jolie?
According to the HCAK alumni page, the healthcare alumni network size is roughly this number.
What is 4,800 alumni?