Health Economics
14th Edition
ISBN: 9781137029966
Author: Jay Bhattacharya
Publisher: SPRINGER NATURE CUSTOMER SERVICE
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 10E
To determine
The impact of health insurance on health status.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Briefly Explain the differences between Rapid Upper Limb Assessment and Rapid Entire Body Assessment.
While it may seem intuitively obvious that health expenditures will increase as a population ages – older people after all are less healthy on average than younger people in fact, several prominent health economists have argued that it is not aging per se, but rather some of the correlates of an aging population that cause health expenditures to rise as a population ages. For instance, Getzen (1992) argues that, at least in part, rising health expenditures with an aging population are due to the higher incomes and resources of the older population; health care is a normal good, so higher incomes lead to higher expenditures. In a similar manner, Zweifel et al. (1999) argue that the real problem with an aging population, at least as far as health care costs are concerned, is that there will be more people who are within a couple of years of dying. Since health care expenditures rise sharply close to the end of life, it is this, rather than population aging by itself, that leads to higher…
Health Economics 715 Graduate Student Level
In the field of health economics, there has been mixed evidence of whether primary care and inpatient care utilization are substitutes or complements. Use the Dartmouth atlas' results to predict the relationship between primary care and inpatient care. (SHORT ANSWER)
Knowledge Booster
Similar questions
- Suggest several reasons why health care spending is higher in the United States than in other countries.arrow_forwardIndicate whether the statement is true or false, and justify your answer.There is a consensus among health economists that socioeconomic status has a major impact on health, but health does not have a significant effect on SES.arrow_forwardWhile it may seem intuitively obvious that health expenditures will increase as a population age – older people, after all, are less healthy on average than younger people – in fact, several prominent health economists have argued that it is not ageing per se, but rather some of the correlates of an ageing population that cause health expenditures to rise as population ages. For instance, Getzen (1992) argues that, at least in part, rising health expenditures with an ageing population are due to the higher incomes and resources of the older population; health care is a normal good, so higher incomes lead to higher expenditures. In a similar manner, Zweifel et al. (1999) argue that the real problem with an ageing population, at least as far as health care costs are concerned, is that there will be more people who are within a couple of years of dying. Since health care expenditures rise sharply close to the end of life, it is this, rather than population ageing by itself, that leads to…arrow_forward
- Indicate whether the statement is true or false, and justify your answer.Results from the Oregon Medicaid Experiment suggest that having health insurance has a positive impact on health status.arrow_forwardOut of seven most developed countries, the United States finished __________ in terms of health care performancearrow_forwardHow can extensive government intervention influence health economicsarrow_forward
- On average which group is less healthy than the other group? Highly educated individuals vs. the low-educated Whites vs. blacks Young adults vs. elderly Hispanics vs. whitesarrow_forwardThe price elasticity of demand for health care has been estimated to be −0.2. Characterize this demand as price elastic, unit price elastic, or price inelastic. The text argues that the greater the importance of an item in consumer budgets, the greater its elasticity. Health-care costs account for a relatively large share of household budgets. How could the price elasticity of demand for health care be such a small number?arrow_forwardThose without any health insurance in the U.S. tend to be the following groups, except Group of answer choices those who are in excellent health and those with the poorest health. workers in small firms. minimum-wage workers. those receiving Social Security payments.arrow_forward
- The 2010 health reform law fails to provide universal health insurance coverage. T or F?arrow_forwardDescribe Grossman's Improvement Model of Health. How does Grossman reconcile health as both something in demand and something produced by individuals?arrow_forwardSuppose consumers consume and gain utility from two types of goods and services – (1) health care and (2) all other goods & services. Using this information, derive the demand curve for health care.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Exploring EconomicsEconomicsISBN:9781544336329Author:Robert L. SextonPublisher:SAGE Publications, Inc
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc