HSM 544 Three Major Tasks of Economics Week 1 Discussions 1

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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…

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HSM 544 Three Major Tasks of Economics Week 1 Discussions 1

HSM 544 Three Major Tasks of Economics Week 1 Discussions 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?…