Indicate whether the statement is true or false, and justify your answer.Queuing care is never optimal because it increases wait times and provides no concomitant benefit.
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Indicate whether the statement is true or false, and justify your answer.
Queuing care is never optimal because it increases wait times and provides no concomitant benefit.
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- Which method(s) of payment to physicians will most likely result in higher total charges due to volume of services provided? Capitation. Salary. Fee-for-service (FFS). RBRVs. Methods based on patient outcomes.Payments for the same services differ greatly between Medicaid and private insurers. Explain whether differences in payments should lead to differences in access to services and the quality of care received.There have been shifts in policy regarding the regulation of managed care organizations intended to protect the consumer from rationed care. Are current regulations working or are they adding to already too much regulation and associated cost of providing healthcare in the U.S.?
- Suppose consumers consume and gain utility from two types of goods and services – (1) health care and (2) all other goods & services. Using this information, derive the demand curve for health care.Why can’t a healthy lifestyle and a medical history with no major incidents be enough to guarantee low health care costs going forward?Prospective payment systems encourage providers to offer more health care services. True False
- What is the effect of Certificate of Need (CON) on the economics of long-term care economic decision making and how is this different from that of a hospital?How can I Analyze the effect of healthcare reform on the healthcare consumer who uses the Insurance company launching a new medical product for the health insurance exchangeYou have been recruited as an expert in health economics to recommend what is the best therapy for a group of patients. In the image below you will find the decision tree showing the probabilities for different health states and outcomes for patients undergoing two possible treatments, No drug therapy and Drug therapy. Based on the expected cost, which therapy would you recommend as the least expensive? Explain how you arrived at your recommendation and show your calculations the space provided. No drug theraphy ? Drug theraphy ? HEALTH STATES PROBABILITIES Remain in Good Health 0.5 Develop disease A 0.2 Develop disease B 0.2 Die 0.1 Remain in Good Health 0.53 Develop disease A 0.16 Develop disease B 0.22 Die 0.09 OUTCOMES (Costs) $0 $400 $300 $200 SO $800 $500 $0