Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 8.1, Problem 7Q
To determine

Impact on the medical insurance rate, if illness could be predicted using DNA information.

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Students have asked these similar questions
Draw a graph and an argument about how increases in health due to one medical innovation can lead to improvements in health that are not directly affected by that innovation. Does it matter the demographic properties of those individuals whose health is improved by the initial innovation?
For a person who previously had no insurance and received an insurance plan paying for 80 percent of all types of medical care, what increase in use would you expect for hospital care, dental care, and physician services, on average?
Many consider the profit motive of physicians and hospitals a moral hazard, and if patient care isn’t valued over profit, the patient may receive poor-quality treatment. Is this a fair assumption?

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