Refer to the graph shown below, which illustrates a third-party payer market for diabetes screenings (tests). Suppose that the co-payment is $5 per screening. What happens to total expenditures in the diabetes screening market if a $5 co-pay is established compared to a market where there is no third-party? $20 Supply $15 $10 Demand 25 50 75 Quantity 100 Price %24

Refer to the graph shown below, which illustrates a third-party payer market for diabetes screenings (tests). Suppose that the co-payment is $5 per screening. What happens to total expenditures in the diabetes screening market if a $5 co-pay is established compared to a market where there is no third-party? $20 Supply $15 $10 Demand 25 50 75 Quantity 100 Price %24

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 5QAP

See similar textbooks

Similar questions

2 Examples of sources of data for market failure in health.
How do economic evaluations in Healthcare inform policy and other decision makers
How can extensive government intervention influence health economics
About what percentege of helth care spending in the U.S. in 2017 was finenced by private health insurance? 40 Multiple Choice 25 percent 34 percent 41 percent 75 percent
What is the importance of learning health economics as a health practitioner? what are the important things to know about heath economics?
For 11-18: GIVEN TREATMEN T CHOICES Treatment COST LIFE Treatment D $15,000 31 Treatment $17,000 29 W no treatment EXPECTANCY Treatment B $7,000 18 Treatment C $11,000 26 Treatment Y $9,000 19 Treatment X $13,000 23 Treatment A $3,000 10 Treatment Z $5,000 16 $0 2 11. Which of the following is true? A) X OD C B) W is OD by C C) COD W D) W is OD by D B) X only C) X and W D) W only years years years years years years years years years E) all the choices are true 12. Identify all the obviously dominated treatments A) A and Z 13. Name all the obviously DOMINATING treatments. (only the treatments that obviously dominate other treatment(s) A) Y and B B) X and W C) C only D) C and D E) A,Z,B,Y,Z,D: all these treatments that are not obviously dominated, obviously dominate some treatment
How does Health Economics relate to individual Health Paracetamol 2021 2022 Quantity Demanded 1000 packets 800 packets Price 4 pounds 5 pounds
The goal of health insurance is to O spread financial risk over a large group of people O equally distribute the probabifity of loss over a large number of people collect sufficient premiums to cover all possible losses O equalize the availability of medical care across population groups O redistribute income from the sick to the healthy
“The consumption function and budget constraints explained are useful elements inunderstanding the microeconomic approach to health spending.” With the use ofappropriate graphs and mathematical expressions, critically evaluate this statement.
The information needed by health care organizations (such as commercial insurers) is often quite similar to that needed by public health entities. Please describe the types of information needed by both, as well as information that may be need by one but not the other.
In the context of implementing a program budgeting and marginal analysis (PBMA) exercise, the following information on two programs of care, A and B has been determined within the health care budget: Programme A Program B Marginal cost £350 £400 Marginal benefits (Healthy Years) 12 18 Calculate MB/MC and explain the interpretation of these ratio.
discuss the dominant cost components of health care.