Health Medical Homework Help
Health Medical Homework Help. Health care industry
Pick one of
the following healthcare industries listed below. Using what you have
learned so far about market structure and the impact on supply and
demand, write a 7 page report (double-spaced) addressing the following
questions:
-
From
research you have done on-line what is the market structure of that
industry (e.g perfectly competitive, oligopoly, monopoly, other) - What are the implications of the market structure on the demand and supply curve and price of the services offered?
-
What
is the implication of third-party payers like private health insurance
or federal programs like Medicare and Medicaid on demand and supply in
this industry? - How has the government intervened in the industry and what was the economic rationale for the intervention? What market failures did they attempt to remedy?
Choose one of the following industries to discuss the answers to the above questions:
- Pharmaceutical Industry
- For-profit health insurers
- Not-for profit health insurers
- Any physician specialty (e.g. cardiology, ophthalmology, etc.)
- Hospital (national Network)
- Small rural hospital