The U.S. healthcare system is influenced by shifting political climate,
constant economic development, rapidly evolving technological innovation,
diffusion and social values, demanding workforce issues, and demographics
trends. Also, the U.S. system differs from other countries’ systems on many
dimensions, such as lack of a central governing agency, limited coordination,
high cost but only yields average health outcomes, imperfect market conditions,
the dominant private sector market, multiple organizational forms and players,
and the conflict between market goals and social justice.
The concern over the economic future of healthcare delivery
system revolves around three broad issues: cost, quality, and access. Gaps in
coverage, combined with the upward trends in medical care spending over the
past several decades, add to the commonly-held belief that the U.S. healthcare
delivery system is in crisis.
As a final project, prepare and submit a scholarly paper that
discusses the following:
1. Describe the economic foundation of the U.S. healthcare
delivery system and the role of economics in healthcare.
2. Compare and contrast the use of various economic models to
explain the role of economics in healthcare and how the concept of the market
equilibrium works in healthcare.
3. Assess the role of production of health and demand and
supply for medical care and health insurance, and relation of income and the
demand for healthcare.
4. Compare the economic benefits and challenges of individual
versus population health.
5. Assess the international comparisons of health among the
United States and other developed countries (cost, quality, access to care, and
any other relevant measure).
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