Q: Explain how third-party payment is related to health care infl-
A: The U.S. medical care framework is based on a third party payer framework, which is permitting…
Q: iscuss the importance of comparing the best alternatives in economics for health care manage
A: Health Economics: It is one of the branches of economics that deals with the analysis of production,…
Q: What are factors accelerating modern hospitals to become important in providing health care?
A: The art of medicine and the latest available technology is combined by modern hospitals in order to…
Q: 2. Senator Lee, making the case for universal, free health care, argues that we don't need to worry…
A: Úniversal health care provides everyone with access to the necessary health care services, where and…
Q: Suppose the government imposes a system of price ceilings in the health care industry as part of an…
A: The price ceiling is a legal maximum on the price at which goods can be sold. Price ceiling can be…
Q: Proponents of a government-run health care system argue that the market does not work well in the…
A: The Healthcare industry consists of medical professions and institutions that provide services in…
Q: What is new in America’s health care reform law?
A: The Health Care Reform Law enacted in March 2010 brought the Affordable Care Act in America.
Q: Why has the government chosen to provide moneary incentives to bring about the move to health…
A: HEALTH INFORMATION EXCHANGES They were putting a patient's medical records or data on the internet…
Q: What is the term for a measure of Public Health directly related to the value of human life and the…
A: The years of potential life lost or YPLL measures the public health relative to human life value and…
Q: What would be the primary advantages of eliminating the role of the federal government in the…
A: The answer is as follows:-
Q: What is the effect of managed care programs on the affordable care act? (In other words how has…
A: INTRODUCTION 38 states and Washington, D.C. have embraced the Medicaid development. As of June…
Q: What is market failure? What are the major reasons that a free, unregulated market in medical care…
A: The economic condition described by the inefficient distribution of products and services in the…
Q: 2.) Two sources of inefficiency that managed care attempts to address are moral hazard and demand…
A: Two sources of inefficiency that managed care attempts to address are moral hazard and demand…
Q: What are the respective roles of the federal government and the state government’s and providing…
A: Government plays a major role in providing health care services to all. No level of…
Q: of person
A: Health insurance is a contract between an insurance provider and between an individual or their…
Q: b) Explain with examples why conflict can arise between the policy goals of efficiency and equity in…
A: There are two terms that can be taken into consideration while determining the distribution of…
Q: Given the future and developments in health, are the benefits more significant than the costs that…
A: In an economy, government make expenditure on various sectors, such as education, infrastructure,…
Q: The major reason the United States does not have a national health care program is because its…
A: Meaning of Health Economics: Here, the term health economics refers to the scenario under which…
Q: Is Canadian government spending on health care a direct expenditure or a transfer payment? How can…
A: A one-way payment to a person or organisation for whom no goods or services have been transferred is…
Q: 9a Briefly explain what the present value of a health care and prevention
A: The health care sector is distinguished by persistent reforms with the goal of the efficient…
Q: How can extensive government intervention influence health economics
A: Health economics is the study of economics that deals with concerns of the supply of health care in…
Q: The biggest difference between the United States and Beveridge OR Bismarck counties' health systems…
A: The U.S. spends the least on social services. They spend only 9% of GDP on social services like…
Q: In the context of implementing a program budgeting and marginal analysis (PBMA) exercise, the…
A: Marginal decision making Marginal decision making uses the concept of comparing the costs and…
Q: 1. Explain Due care theory. On what ground due care theory was criticized.
A: According to the principle of due care theory, the manufacturers have the moral obligation to…
Q: 61. Which of the following types of health care or- ganizations follow FASB statements?…
A: YES-YES-NO; Is the type of health care entitled follows FASB Accounting Standards Codification for…
Q: 2. What does cherry-picking behavior mean? What does the evidence suggest about this type of…
A: Picking and choosing only those cases and data that support a specific position while ignoring many…
Q: Health care expenditures now account for about __________ percent of the American GDP.a. 5b. 10c.…
A: The United States spends the most on health among developed countries in terms of GDP percentage.…
Q: Discuss the dominant components of healthcare.
A: Health care refers to the prevention, diagnosis, treatment, amelioration, or cure of illness,…
Q: How does Brockie et al. connect ACEs, epigenetics, and health disparities for Native Americans? one…
A: Adverse childhood experiences (ACEs): Experiencing bad things in childhood may have effects on the…
Q: Why is it important for decision-makers in a county council to take cost-effectiveness into account…
A: A cost-effectiveness analysis is a method of comparing a program's expenses to its major outputs or…
Q: Why is the growth of managed care plans a relatively recent phenomenon? Describe governmental…
A: quality indicators reported to the National Committee for Quality Assurance). The most common…
Q: Briefly describe ( a) “play or pay,” (b ) tax credits and vouchers, and ( c) national health…
A: Tax: It is a mandatory monetary charge or some other kind of toll forced on a citizen (an individual…
Q: How is the Black Lives Movement integral to promoting health equity in the U.S
A: Equity of health is described as the situation where there is the absence of avoidable and unfair…
Q: explain why the basic framework of supply and demand is not sufficient to analyze the market for…
A: Supply and demand is a framework for explaining and predicting a good's equilibrium price and…
Q: why skateholder health wants to understand how to approach healthcare provision access for complex…
A: Investment in health has been increasing.Therefore stakeholders in health industry are also…
Q: How would functionalists, conflict theorists and symbolic interactionists suggest that health care…
A: According to the functionalists, good health and the effective medical care are the essentials for…
Q: Why would increased spending as a percentage of GDP on, say, household appliances or education in a…
A: GDP is a macroeconomic measure that is used to determine the total aggregate production in a…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- As the COVID-19 crisis continues to deepen, the significant health and economic consequences of this disease is cripplingeven the most developed nations. With < 0.5% of globally confirmed cases occurring in Africa, the continent appears so farto be relatively spared the untoward direct health consequences of the COVID-19 pandemic. The disease nonetheless hasalready had a destabilizing effect on the lives of millions of Africans with disproportionate impact on the poor andunderserved. The interconnectedness that characterizes globalization has brought economic benefits to many Africancountries. With COVID-19, there have been disruptions in Africa’s global supply chains in the face of tumbling oil prices anda lowered global demand for African non-oil products, which constitutes a threat to the economic stability of the continent.Projected losses from oil shocks alone may result in a reduction in Africa’s export revenues by about US$101 billion in2020.This dip in oil prices will…One of these is NOT TRUE about Cost-utility analysis: a. It measures outcomes in Quality Adjusted Life Years (QALY), and Disability Adjusted Life Years (DALYs) b. Cost is measured in monetary units c. The limitation of this analysis is that it is difficult to compare the interventions with differing natural effects d. It is used to make policy level decisionsY8 Analysis on the perceived occurrence of challenges delaying the delivery of water infrastructure assets in South AfricaIntroductionInfrastructure development is of paramount importance for a sustainable economy that is competitive and productive. However, inflexible government’s fiscal policies, high budget deficits and lack of debt reduction strategies experienced by the public sector directly affect infrastructure development (Ruiters and Matji, 2015). The public sector experiences challenges of provisioning for public infrastructure assets. There are many challenges delaying infrastructure development. The study explored infrastructure backlog and deficits as alarming challenges to adequately fund and deliver water infrastructure assets in South Africa. Kudumela (2015) outlines challenges of infrastructure development: insufficient skills capacity at the municipal level, lack of funding, political instability and corruption, while Senyakoe (2011) indicates that municipalities…
- The ongoing COVID-19 pandemic has disrupted both the education and health system in most, if not all, nations in the world. The scarring effects of the pandemic are predicted to be long-lasting, some of which are the fear of learning-loss and lower future earnings for the current students. Provide evidence(s) that support and/or contradict this statement! If such scarring is expected to occur, would the scarring effects would be worse for the developing countries than the developed ones, and whether the effects would be worse for certain groups such as the poor, women, children, etc.!“The consumption function and budget constraints explained are useful elements inunderstanding the microeconomic approach to health spending.” With the use ofappropriate graphs and mathematical expressions, critically evaluate this statement.Assume that people receiving intervention A live 5 years at quality of life of 0.8 and people receiving intervention B live 10 years at quality of life of 0.4. Assume further that the two intervention have equal costs. Compare the cost-effectiveness of these interventions relative to each other and discuss how that would be altered by inclusion of future costs for younger adults and older adults.
- 1. The adoption of a systems-analysis perspective in the case of the Thai GPI did not affect the GPI value that was estimated. However, because it placed the various GPI items into various domains, it probably improved the policy-guiding value of the GPI study. Group of answer choices True False 2. In the early-1990s, Vietnam’s per capita GDP and per capita GPI both rose together. After 1996, the Vietnam’s per capita GDP continued to rise but its per capita GPI plateaued. On the surface at least, this suggests that the nexus between per capita GDP and the per capita GPI was severed in Vietnam. Group of answer choices True False 3. In the case of Japan, calculating an ‘open economy’ GPI would be superior to calculating the standard GPI because: Group of answer choices Japan has a very open economy. many of the environmental costs associated with Japan’s production of goods and services are borne by countries which export natural resources to Japan. Japan has come close to reaching…The Inter-Agency Task Force (IATF) for CoViD-19 is composed of Metro Manila Mayors, Cabinet (Executive Branch) members, and representatives of the academe and medical profession. With the latest upsurge of infection cases, the IATF is deciding on the next quarantine protocol. The table below shows the results of the votation (rankings) on three proposed quarantine measures. Proposal MM Mayors Cabinet Academe/Medical Professionals ECQ (Enhanced) 1 3 3 GCQ (General) 3 1 2 TCQ (Targeted) 2 2 1 Total voters 15 12 9 Which proposal wins by majority rule?Three types of health sector reforms are Imposed, Big ‘R’ and Small‘R’ reforms.Carefully provide points for three (3) Health Sector Reforms (one from each type previously mentioned)that has been implemented in the Caribbean region over the last 10 years.
- An important distinction in health insurance is between the list price (PL) and out-of-pocket price (PP) of a medical good or service. The list price is the official price that the provider charges the insurance company, while the out-of-pocket price is the price that the insurance customer faces. Sometimes, the out-of-pocket price depends on the list price. d. Now assume the consumer is part of a partial insurance plan with a coinsurance provision. Her insurance pays 50% of all medical expenses. Consider again the relationship between PL and PP and plot a coinsurance plan demand curve in PL - Q space. Label this curve D3. e. Finally, assume the consumer is part of a partial insurance plan with a copayment provision. Her insurance pays all expenses above and beyond her copayment of $25 for each unit of Q. Consider again the relationship between PL and PP and plot a copayment-plan demand curve in PL - Q space. Label this curve D4.Susan was frustrated. As chair of the school of nursing at the local university, she wantedher students to get used to using electronic health records. Ideally, these students wouldleave her program and be able to use their employer’s EHR system without any additionalorientation. Other campus health profession leaders had similar concerns. However, thefaculty found that within a 100-mile radius of the university, the area’s many hospitals andthree main healthcare systems all used different EHR vendors.The local healthcare systems promoted electronic health information. They were allconcerned about the safety and security of the records and the needs of their patients. Theywere also aware of the national push for system to integrate EHRs. In reality, however, therecords housed in the variety of systems could not be shared. The software was toodisconnected and dissimilar.Susan wondered what her next step should be. Which system should she adopt, ifany? How could she help move these…Suppose Tim is deciding how much to invest in his health, and his Marginal Efficiency of Investment (MEI) curve for health inputs (H = hours spent exercising per week) is given by the following equation: H = 40 – 100(r+δ), where r is discount rate and δ is the rate of health capital depreciation. If Tim’s discount rate is 8% (or 0.08), and his rate of depreciation of health capital is 4% (or 0.04), how many hours per week will he spend exercising? Show your work. Now, suppose Tim gets a large raise at work, such that his hourly wage doubles. Would we expect his optimal level of health investment to change as a result? If so, how and why? Explain your answer using the theoretical framework.