Discuss which of the following types of technological change in health care likely to be cost increasing: I. threats of malpractice suits that cause physicians to order more diagnostic tests on average for a given set of patients symptoms ii) a new computer-assisted scanning device that enables physicians to take much more detailed picture of the brain iii) the introduction of penicillin earlier in this century iv) greater emphasis on preventive care

Discuss which of the following types of technological change in health care likely to be cost increasing: I. threats of malpractice suits that cause physicians to order more diagnostic tests on average for a given set of patients symptoms ii) a new computer-assisted scanning device that enables physicians to take much more detailed picture of the brain iii) the introduction of penicillin earlier in this century iv) greater emphasis on preventive care

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter5: Demand For Health And Medical Care

Section: Chapter Questions

Problem 4QAP

See similar textbooks

Similar questions

What proportion on the GDP is spent on health care? 0.2 0.75 0.18 0.30 QUESTION 2 Which of the following options is incorrect about US health care? Health care spending as a share of GDP has been steady from 2008 to 2012 The projected health care spending as a share of GDP in 2020 is lower than the current share. Increase in life expectancy is one of the reasons of increase in health care costs US is categorized as a country with high health care costs QUESTION 3 For every 10 percent increase in price of health care services, demand falls by 3 percent. How much is the own price elasticity of demand for health care? 0.3 3.33 -3.33 -0.3 QUESTION 4 What is a Cadillac plan? Health insurance plan for Cadillac company (car manufacturer) A very generous employer-sponsored health insurance plan There is no such plan A very generous health plan for Cadillac owners QUESTION 5 Demand for health care is not Downward sloping Sensitive to the price of health care Vertical Horizontal…
Which of the following statements is false? Significant increase in healthcare spending over the past seventy years can in part be explained by the increase in the cost of labor-intensive services. increase in the overall level of medical care prices. increase in intensity and quality of care. increase in the share of the healthcare costs spent on manufactured goods such as drugs. population growth
Which statement about the individual health insurance market in the U.S. is correct? Question options: 1) Among the non-elderly with private health insurance, about one-third now purchase it in the individual market 2) Individual market enrollment increased with implementation of the Affordable Care Act in 2014, but it has declined in every year since 3) According to data from the Kaiser Family Foundation, On-Exchange enrollment has been roughly constant (varied by less than 1 million) since 2015 4) According to data from the Kaiser Family Foundation, Off-Exchange enrollment has grown relative to On-Exchange since 2015
The stated premise behind the production function for health is that medical care, when combined with other inputs and a person's own time, produces good health. What is the marginal contribution of medical care to the production of health in the United States? Will spending more money on medical care improve the health of Americans, or is there another strategy that would work better? How would your answer change if you were studying health in a less-developed country?
Information is an integral part of many public health programs that can be considered as public good. However, individuals can benefit from it if they have access to receive that information. Does the Philippines show efficiency in information dissemination? How about in its vaccination campaign?
The cost of employer-sponsored health care benefits are expected to approach $16,800 per employee next year. Big employers project that their total cost of providing medical and pharmacy benefits will rise 6 percent for the sixth consecutive year. The total cost of health care, is estimated to average $17,800 per employee in 2022, up from $7,099 last year. Large employers will cover roughly 70 percent of those costs. For Employers, what is the “OPPORTUNTY COST “of health care? (not the price.)
Which of the following options is incorrect about US health care? Health care spending as a share of GDP has been steady from 2008 to 2012 The projected health care spending as a share of GDP in 2020 is lower than the current share. Increase in life expectancy is one of the reasons of increase in health care costs US is categorized as a country with high health care costs
According to the Organisation for Economic Co-operation and Development (OECD) the United States has a ranking in the bottom half of the OECD countries. Why is the ranking of the United States lower than half of the OECD countries, yet the United States spends more on healthcare than all other countries? Be sure to justify your response with data and not just your opinion.
Discuss how health care (to include sanitation and immunizations) leads to population growth, how population growth leads to urbanization, how global urbanization opens the door to globalization and environmental racism, and how environmental racism impacts healthcare
Which of the following would encourage consumers to economize on health care expenditures and producers to supply health care services more efficiently? Group of answer choices Decreased reliance on the purchase of catastrophic health insurance coverage and greater reliance on insurance with first-dollar coverage and small co-payments. An increase in the share of health care costs paid for by the consumer either directly or from a health savings account. Decreased reliance on personal health savings accounts and health care expenditures from the accounts. The establishment of a national health care system that would provide health care services to people free of charge.
Examine the role of health as an input to and an output from a production function and discuss the implications for government public policy..
The fact that most medical care purchases are financed through insurance: a. has no effect on health care consumption because aggregate costs are the same regardless of payment method. b. reduces the amount of health care consumed by raising the price of additional units of care. c.has decreased health care costs and therefore reduced aggregate health care expenditures. d. increases the amount of health care consumed by reducing the price of additional units of care.