Health Economics
14th Edition
ISBN: 9781137029966
Author: Jay Bhattacharya
Publisher: SPRINGER NATURE CUSTOMER SERVICE
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Question
Chapter 6, Problem 2E
To determine
Check the statement: the number of hospitals in US showing an increasing tendency than 1940 is true or false.
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Indicate whether the statement is true or false, and justify your answer.Unlike in the US, there are no socioeconomic status gradients in health in countries that provide universal health care coverage to all citizens. That is, in such countries, poorer and richer citizens have (on average) the same health.
Indicate whether the statement is true or false, and justify your answer.
1. In some markets, adverse selection develops over time as customers learn about their own risk levels.
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Indicate whether the statement is true or false, and justify your answer.The number of US medical schools decreased drastically between 1900 and 1950.
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- Indicate whether the statement is true or false, and justify your answer.The average length of hospital stays in the US has remained flat after a sharp decline in the 1980s.arrow_forwardIndicate whether the statement is true or false, and justify your answer.Many countries in the world have experienced increases in the number of obese individuals in their population, but only the US has seen increases in childhood obesity.arrow_forwardIndicate whether the statement is true or false, and justify your answer.Most economists believe that the smallpox eradication campaign was not costeffective because it required so many upfront costs and smallpox was already eliminated in much of the developed world.arrow_forward
- Indicate whether the statement is true or false, and justify your answer.While obesity generally results in higher per-year medical costs, obese individuals do not typically have higher average lifetime medical costs than non-obese individuals because they do not live as long.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 the statement is true or false, and justify your answer.The take-up rate of health insurance among people with good jobs (that is full-time jobs that have lasted longer than a year) has declined in recent years, and this is an important reason for the increase in uninsurance rates over those same years.arrow_forward
- Indicate whether the statement is true or false, and justify your answer.The RAND HIE found that people assigned to the free health plan had the same rate of hospitalization as people assigned to the cost-sharing plans.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.The fact that practicing surgeons who have finished residency earn more than practicing pediatricians implies that the rate of return of choosing surgery exceeds the rate of return of choosing pediatrics for a medical school graduate.arrow_forward
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