Preventative care refers to care taken to prevent future diseases rather than to treat current ones. Compared to emergency room care, preventative care is rarely urgent, and benefits can be difficult to measure-if you had the flu vaccine this year but did not catch the flu, it is difficult for an individual to tell if that was because of the shot or assiduous hand washing. Given this description, we would expect the price of preventative care to be relatively price elastic compared to emergency room care. less more

Preventative care refers to care taken to prevent future diseases rather than to treat current ones. Compared to emergency room care, preventative care is rarely urgent, and benefits can be difficult to measure-if you had the flu vaccine this year but did not catch the flu, it is difficult for an individual to tell if that was because of the shot or assiduous hand washing. Given this description, we would expect the price of preventative care to be relatively price elastic compared to emergency room care. less more

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter5: Demand For Health And Medical Care

Section: Chapter Questions

Problem 9QAP

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