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- What is the key difference between a fee-for-service healthcare system and a system based on health maintenance organizations?Preventive care is not always cost-effective. Suppose that it costs $100 per person to administer a screening exam for a particular disease. Also suppose that if the screening exam finds the disease, the early detection given by the exam will avert $1,000 of costly future treatment. a. Imagine giving the screening test to 100 people. How much will it cost to give those 100 tests? Imagine a case in which 15 percent of those receiving the screening exam test positive. How much in future costly treatments will be averted? How much is saved by setting up a screening system? b. Imagine that everything is the same as in part a except that now only 5 percent of those receiving the screening exam test positive. In this case, how much in future costly treatments will be averted? How much is lost by setting up a screening system?There is considerable evidence that societies that spend more on social services - housing, income support, food, transportation, built environment, community safety - spend less on health care, all other things equal. Why might this be true? After spending so much on social services, there is simply less to go around for health care. a. Much of health care spending occurs because people are lonely and desperate for someone to talk to, and health professional have to let them in *the door. Ob. c. The "finding" is an illusion, some countries mask health spending within the social sector and vice versa. Od. Stronger social environments enable people to be healthier and more resilient without health system intervention.
- Suppose the government imposes a system of price ceilings in the health care industry as part of an overall health care reform bill. a) draw a graph of the health care market and show equilibrium price and quantity. b) assume the government imposes an effective price ceiling in the health care market. Show the price ceiling in your graph. Indicate what will happen to quantity demanded and quantity supplied of health over time ? c) would a shortage or surplus result ? I llustrate in your graph.Total health expenditures are a function of price and O A. Reimbursement O B. Value O C. Assets O D. QuantityWhat is the importance of learning health economics as a health practitioner? what are the important things to know about heath economics?
- Using appropriate graphs and mathematical expression, briefly discuss onemacroeconomic view of health spending.If surgeons really have the ability to increase thedemand for surgeries, which kinds of surgerieswill be most affected? Can you think of a way todetermine which surgeries are unnecessary? Provide several examples from your own readings orexperience.The goal of health insurance is to O spread financial risk over a large group of people O equally distribute the probabifity of loss over a large number of people collect sufficient premiums to cover all possible losses O equalize the availability of medical care across population groups O redistribute income from the sick to the healthy