HSM 544 Three Major Tasks Economics Factors Influencing Healthcare Demand

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HSM 544 Three Major Tasks Economics Factors Influencing Healthcare Demand
Identify the three major tasks of economics and discuss why they are important. What are their…

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HSM 544 Three Major Tasks Economics Factors Influencing Healthcare Demand

HSM 544 Three Major Tasks Economics Factors Influencing Healthcare Demand

HSM 544 Three Major Tasks of Economics and Factors Influencing Healthcare Demand Discussions Week 1

HSM 544 Three Major Tasks of Economics Week 1 Discussions 1

Identify the three major tasks of economics and discuss why they are important. What are their roles in organization management?  Are there any additional or different questions that need to be asked when it comes to healthcare?  Can you think of other tasks or roles economics plays in our healthcare system?

Healthcare economics can defy traditional predictive models.  Consumer behavior and reimbursement schemes and amounts are quite volatile in the healthcare context.  How healthcare is delivered can vary depend on who is control of state and federal government.  For the class, does this undermine the effectiveness of healthcare economics?

Unlike a lot of consumers, healthcare consumers often hold the key themselves as to how much demand for care they are going to need, based on their ability to comply with a health regimen.  For the class, how does this affect the validity of economic predictors?…

HSM 544 Factors Influencing Healthcare Demand Week 1 Discussions 2

Identify and discuss the factors that influence the demand for healthcare and, in turn, healthcare economics. What factor do you believe has the greatest impact on healthcare economics and why?Healthcare economics differs from other types of economics, mainly due to the presence of third party payers, such as the government or insurance companies.

For the class, how do such third party players influence supply and demand?  Are there any obvious ways that healthcare costs can be reduced?  How do providers profit from such arrangements, where their actual collection may barely cover their costs?  Do people demand health coverage merely because they have the ability to pay for it?

Many diseases are preventable and to some extent, healthcare consumers can control their own demand for healthcare services.  For the class, do you think there are sufficient incentives in our healthcare system for healthcare consumers to control their own need for healthcare services?…