Health Economics
14th Edition
ISBN: 9781137029966
Author: Jay Bhattacharya
Publisher: SPRINGER NATURE CUSTOMER SERVICE
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Question
Chapter 6, Problem 3E
To determine
Check the statement: the length of hospital stay in US remaining flat after a sharp decline in 1980s is true or false.
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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.
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.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.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.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_forwardOne 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.arrow_forward
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