Assignment: Health Care Economic Basics
Learning Outcome
Demonstrate an understanding of the relevance of economic concepts within the healthcare sector.
Cost and affordability are important factors in the successful delivery of healthcare to the people of this country. Economics can offer a framework to study the implications of individual decision making and help define the alternative mechanisms available to improve resource allocation. Sound policymaking is based on sound economic principles applied in a sensitive and uniform manner. Lessons can be learned from basic economics lessons about human behavior and the way individuals make decisions, respond to incentives, interact with each other, and about the efficient allocation of scarce resources.
Instructions
Describe trends in the costs of care for treating at least three diseases or conditions. Examine the burden of health care costs on businesses and governments and the extent to which Americans can afford needed care. Analyze trends in the efficiency of care delivery and the competitiveness of the delivery system and the key factors in keeping costs down.
Task
a. Describes trends in the costs of care for treating at least three diseases or conditions.
b. Examine the burden of health care costs on businesses and governments and the extent to which Americans can afford needed care.
c. Analyzes trends in the efficiency of care delivery and the competitiveness of the delivery system and the key factors in keeping costs down.
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.