1 Would medical technology have developed as rapidly as it did without the creation of Medicare and Medicaid in 1964? Explain your reasoning.
2. Has managed care been successful in controlling health care costs? Why or why not.
3. What are the advantages for a hospital in conducting a cost-benefit analysis on a new health care service an insurance company is considering for their policy holders and that the hospital is considering providing, such as screening for a specific medical condition as a covered benefit?