Health Economics and Finance

Define moral hazard and give an original example. Do you agree with this concept of moral hazard, explain your answer?

What are the main determinants in health disparities and how can these be modified to improve health status and create health equity in society? In addition to what is in the text, elaborate on these determinants and solutions based on observations that you have made in your own life.

Explain the law of diminishing marginal productivity. Be sure to mention why the law tends to hold in the short run.

Based on your readings this week, in your opinion which factors impact the supply curve for physicians the most? In your own words, explain how each factor impacts the supply curve.

Explain what would happen to the level of competition in the physician services market if all the statutes limiting activities of physician assistants were eliminated.

Explain how you would organize the financing method, reimbursement method, mode of production, and physician referral procedure.

Why is it so difficult to determine which country has the best health system? Describe the empirical issues related to evaluation of the systems as well as possible ways to overcome these difficulties. If you had to choose one, which country do you think has the best health system? Use course concepts to support your answer.

Is death an enemy that is to be fought off at all costs or is it a condition of life that is to be accepted? How does the way we answer this question affect the kind of healthcare system we might embrace?

 

 

 

 

 

 

 

 

 

Sample Solution

ACED ESSAYS