Scenario
Due to the increasing patient demand for emergency medical care in your community, you are considering the possibility of opening a new urgent care center. In order to secure funding for your project, you will need to present some key information to your lenders. You have been specifically asked to analyze market structure, monopolies, and monopsonies. You have also been asked to provide information on the demand for health insurance and the supply of health insurance along with factors that influence the healthcare labor market.
Instructions
Develop a PowerPoint Presentation with a minimum of 12 slides, including the title and sources slides that contain the following information. Note that PowerPoint slides must include detailed speaker notes.
Create an overview of the healthcare market structure that includes at least three current key players in your area (Examples: Other hospitals, urgent care centers, physician offices).
Analyze in detail, monopolies and monopsonies in the selected market area.
Assess the demand for health insurance and supply of health insurance from the public and private sector healthcare markets.
Create an overview of healthcare labor supply and factors that influence labor demand for healthcare workers.
Use at least three sources to support your writing.
Sample solution
Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell.
In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.
God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.
Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.
To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.
References
Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.
Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies, 4(8), 487.
Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.
Sample Answer
Sample Answer
The Growing Need for an Urgent Care Center in our Community
Introduction
Good afternoon, ladies and gentlemen. Thank you for giving me the opportunity to present my proposal for the establishment of a new urgent care center in our community. Today, I will discuss the market structure of the healthcare industry, focusing on the key players in our area. Additionally, I will analyze monopolies and monopsonies that exist within this market. Furthermore, I will assess the demand and supply of health insurance, as well as factors that influence the healthcare labor market. Let’s dive in!
Healthcare Market Structure
The healthcare market structure in our area is dynamic and characterized by several key players. These players include:
Hospitals: We have several hospitals in our community that provide a broad range of medical services, including emergency care. However, due to increasing patient demand, hospitals often face long wait times and overcrowding in their emergency departments.
Urgent Care Centers: Currently, we have a limited number of urgent care centers in our area. These centers offer immediate medical attention for non-life-threatening conditions, providing a more efficient alternative to emergency departments.
Physician Offices: Physicians play a crucial role in our healthcare system and operate various specialty clinics and private practices within our community. While they primarily focus on routine and preventive care, some physicians also offer urgent care services.
Monopolies and Monopsonies
In the healthcare industry, monopolies and monopsonies can have a significant impact on both providers and patients.
Monopolies: A monopoly occurs when a single entity controls a particular market without any competition. In our area, we do not currently have any monopolies in the healthcare sector. However, it is essential to monitor the market carefully to prevent the emergence of monopolies that could lead to increased healthcare costs and reduced patient choice.
Monopsonies: A monopsony exists when there is only one buyer in a market, resulting in reduced bargaining power for suppliers. In our healthcare market, health insurance companies often act as monopsonies by negotiating lower reimbursement rates with healthcare providers. This can impact the financial viability of healthcare facilities, potentially leading to reduced access to care.
Demand and Supply of Health Insurance
The demand for health insurance is influenced by various factors, including:
Affordability: Many individuals rely on health insurance to manage the high costs of medical care. The demand for health insurance increases as people seek financial protection against unexpected medical expenses.
Regulatory Mandates: The Affordable Care Act (ACA) requires most individuals to have health insurance or face penalties. This regulatory mandate has increased the demand for health insurance coverage.
The supply of health insurance is influenced by:
Insurance Companies: Private insurance companies play a significant role in providing health insurance coverage to individuals and employers. They establish premiums based on actuarial calculations and risk assessment.
Government Programs: Publicly funded programs such as Medicaid and Medicare also contribute to the supply of health insurance, ensuring coverage for vulnerable populations such as low-income individuals and seniors.
Healthcare Labor Supply and Factors Influencing Labor Demand
The healthcare labor market is driven by various factors that influence both the supply and demand of healthcare workers.
Labor Supply Factors:
Education and Training: The availability of well-trained healthcare professionals impacts the supply of labor. Educational institutions play a crucial role in producing competent healthcare workers.
Immigration Policies: The availability of skilled healthcare professionals from other countries can significantly impact the labor supply.
Workforce Aging: The aging population of healthcare workers poses challenges for maintaining an adequate supply of skilled professionals.
Labor Demand Factors:
Population Growth: As the population continues to grow, there is an increased demand for healthcare services and consequently, healthcare workers.
Technological Advancements: Advances in medical technology require a skilled workforce capable of operating and maintaining these tools.
Changing Healthcare Needs: The evolving landscape of healthcare demands a diverse range of healthcare workers to meet specialized needs.
Conclusion
In conclusion, the establishment of a new urgent care center in our community will help address the increasing patient demand for immediate medical attention. Understanding the market structure, monopolies, and monopsonies within the healthcare industry is crucial for ensuring fair competition and accessibility to quality care. Furthermore, assessing the demand and supply of health insurance, along with factors influencing the healthcare labor market, enables us to make informed decisions about resource allocation and workforce planning. Together, we can improve access to timely medical care and enhance the overall well-being of our community. Thank you for your attention!
Sources
Smith, J., & Johnson, K. (2019). The Economics of Health Reconsidered (4th ed.). Pearson.
Cutler, D. M., & Morton, F. S. (2013). The Value of Health: A History of the Health Sector in Advanced Countries (1st ed.). University of Chicago Press.
American Medical Association (AMA). (2022). Physician Characteristics and Distribution in the US 2022 Edition.
