EBK HEALTH ECONOMICS
null Edition
ISBN: 9781137029973
Author: TU
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Question
Chapter 4, Problem 7E
To determine
Determine whether the given statement is true or false.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Indicate whether the statement is true or false, and justify your answer.The thrifty phenotype hypothesis states that early-life events after birth have a strong influence on health status even in adulthood.
One major premise of the Rothschild–Stiglitz model is that there is a perfectly competitive market for health insurance. Suppose instead that the market is not perfectly competitive, and in fact competitor firms have a hard time entering the market. Could a pooling equilibrium occur in this case? What is it about competition that prevents pooling in the Rothschild–Stiglitz model? No formal proof is necessary, but do make your reasoning clear. Evaluate the following statement: competition in health insurance markets is harmful.
Indicate whether the statement is true or false, and justify your answer.Nearly half of expenditures on health care in the US are government financed.
Knowledge Booster
Similar questions
- Indicate whether the statement is true or false, and justify your answer.In Canada, unlike in the US, the gap between rich children and poor children in health status does not widen as children age.arrow_forwardIndicate whether the statement is true or false, and justify your answer.Reducing mortality from one disease necessarily increases the sum of the total mortality risk from all other causes of death.arrow_forwardIndicate whether each statement is true or false, and justify your answer.One reason why total health expenditures are rising is because of an aging population.arrow_forward
- Indicate whether the statement is true or false, and justify your answer.A primary cause of increasing uninsurance in the US over the past decade is that more employers are deciding to stop providing health insurance coverage entirely.arrow_forwardOne major premise of the Rothschild-Stiglitz (RS) model is that there is a perfectly competitive market for health insurance. Suppose instead that the market is not perfectly competitive, and in fact competitor firms have a hard time entering the market. Could a pooling equilibrium occur in this case? What is it about competition that prevents pooling in the RS model? No formal proof is necessary, but do make your reasoning clear. Evaluate the following statement: competition in health insurance markets is harmful.arrow_forwardIndicate whether the statement is true or false, and justify your answer. In the Grossman model, optimal health status declines with age.arrow_forward
- Indicate whether the statement is true or false, and justify your answer.In the framework of the Grossman model, an individual’s level of health is completely controlled by her actions. Thus, in any given period, an individual is unconstrained in her choice of health status.arrow_forwardIndicate whether the statement is true or false, and justify your answer.In a typical Beveridge system, patients are able to enter queues to see specialists automatically.arrow_forwardHere is a selection from an abstract of a recent study entitled “The effect of health insurance coverage on the use of medical services” by Michael Anderson, Carlos Dobkin, and Tal Gross (2010). NBER Working paper No. 15823. Substantial uncertainty exists regarding the causal effect of health insurance on the utilization of care. Most studies cannot determine whether the large differences in healthcare utilization between the insured and the uninsured are due to insurance status or to other unobserved differences between the two groups. In this paper, we exploit a sharp change in insurance coverage rates that results from young adults “aging out” of their parents insurance plans to estimate the effect of insurance coverage on the utilization of emergency department (ED) and inpatient services. [In the US, children are eligible for insurance coverage through their parents’ insurance only up to their 23rd birthday, at which point they lose eligibility.] Using the National Health…arrow_forward
- Indicate whether each statement is true or false, and justify your answer.The goal of health policy is to maximize health, wealth, and equity.arrow_forwardIndicate whether the statement is true or false, and justify your answer.The ratio of a disease’s prevalence to its incidence is constant.arrow_forwardIndicate whether each statement is true or false, and justify your answer.Cost–benefit analysis (CBA) allows us to pick an optimal treatment from the list of potentially cost-effective treatments.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
