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The health care industry encompasses the following sectors, except:
A. Dental care
B. Health clubs
C. Nonprescription drugs
D. Nursing homes
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- Give typing answer with explanation and conclusion What are disadvantages for perfect competition in health care for providers?Health Economics- whether the profit motive in hospitals generate a negative impact on the quality and access of care for the poor and uninsured. That is, is there significance in the quality and access between for-profit and not-for-profit hospitals?Answer the following questions: a. Some health analysts believe that physicians try to increase their income by inducing demand for their services. For example, physicians may order unnecessary tests and treatments. Why would patients willingly accept these additional tests and treatments? b. How does the Internet, which makes freely available all sorts of information about diseases and their treatments, affect the physician–patient relationship?
- Physicians’ offices supply some urgent care services (i.e., services patients seek for prompt attention but not for preservation of life or limb). Name three other providers of urgent care services.Q)What are some reasons that health care markets may not be perfectly competitive? a. Many types of employees in health care must have licenses b. Insurance means consumers do not pay the full market price for the good or service c. Consumers lack information d. All of the aboveWhich of the following is NOT a healthcare good or service? A)Vaccine B)Patient advocate (social worker) C)Life insurance D)Privately purchased a knee brace
- What is the largest health care program in the United States? A)DOD Tricare B) Medicaid C) Medicare D) The ACAWhat are factors accelerating modern hospitals to become important in providing health care?What is the relationships between economics, legislative changes, and policies and how these relationships are important to the overall delivery of healthcare systems?
- What approaches to healthcare reform are morally acceptable, economically effective, and politically feasible?Question 3: Consistent with Figure 12.1, assume that the FFS price was $100 per visit and the average patient made eight visits per year. A competing managed care organization came in and charged $80 per visit, providing seven visits per year. (a) Calculate the change in total expenditures. (b) Graph the FFS and the managed care market equilibria as was done in Figure 12.1. What do our findings suggest about demand for managed care compared to demand for FFS care?Which one among these may not be a reason that is often cited as why physician service may not be explained by standard economic analysis?A. Individuals have little knowledge about the medical care needed when faced with a health problem.B. Higher income people often pay higher fees in any geographic area.C. Many physicians generally compete for patients.D. Variability in physician's fees within the same small geographic areas.
