Project description
Many people believe that health care in the United States is unaffordable. Do you agree? If so, what can and should be done to address this?
For this Application, you will propose ways to contain costs by altering demand or supply in one particular area of the health care industry. As you do this, it is
important to consider the distinction between the costs incurred by particular consumers, providers, and insurance companies or payers versus the overall expenditures
endured throughout the health care system. Although some strategies may shift the financial burden from one entity to another, this assignment asks you to take a
broad, analytical view and examine the potential impact of cost containment efforts on society as a whole.
To prepare for this Application:
In your view, are the overall costs associated with health care too high? On what grounds do you base your conclusion?
Submarket for this health care service will be PHYSICIAN SERVICES
Write a 2- to 3-page paper in which you address the following:
Briefly summarize your views on whether the total expenditures for health care in the United States are too high. Provide your rationale, including the criteria you
are using for your assessment.
Propose one specific approach to help contain costs in some way. How would supply and demand be affected? Explain how this shift could be brought about.
Describe the benefits of this approach. How much do you think this approach would lower market price? Could the outcomes differ in the short term and long term?
Assess potential unintended consequences of this cost-containment effort.
Do you think this is a feasible approach for reducing overall costs? Why or why not? Provide the rationale for your response.
Your written assignment must follow APA guidelines. Be sure to support your work with specific citations from this week’s Learning Resources and additional scholarly
sources as appropriate. Refer to the Pocket Guide to APA Style to ensure your in-text citations and reference list are correct.
Sources:
Getzen, T. E. (2013). Health economics and financing (5th ed.). Hoboken, NJ: John Wiley & Sons
Teitelbaum, J. B., & Wilensky, S. E. (2013). Essentials of health policy and law (2nd ed). Sudbury, MA: Jones and Bartlett.
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