Assignment: Economic Issues in Public Health
o When managed care enrollment increases in a market, how does it affect other insurers and providers?
o What are the five criteria for a competitive market? Briefly explain each criterion.
o Which factors have contributed most to the increase in drug expenditures? Explain.
o Why has the FDA's drug approval process sped up in recent years?
o What are the expected long-term consequences of price controls on R&D investments, quality of life, mortality rates, and the cost of medical care? Explain.
Suggested Reference: Feldstein, P. J. (2018). Health Policy Issues: An Economic Perspective, Seventh Edition. Chicago, IL: Health Administration Press.
Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. 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.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.