Applying Economic Concepts Relevant To Health Care Spending

Assignment #1: (15%) As you learned in Week 1 health care spending is growing faster than the overall growth in the economy (as measured by GDP) and by 2026 is expected to consume 20 percent of GDP. In Week 2 the article by Hartman (et. al.) states that “the trade-offs required to finance health care spending have become increasingly challenging for both private and public payers.” Given what you have learned from the course material in Week 1 and 2 discuss these trade-offs and how to evaluate them from an economic perspective. Specifically do the following: This briefing report should be at least four double-spaced pages plus a reference page and a cover page. In writing your report you should rely largely on reference material in the course readings and summary slides in Week 1 and Week 2. Be sure to include your name and section headers corresponding to the parts of the report above. Requirements: 4 Pages From an economic perspective explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences.Identify what economic constraints overall and in the healthcare industry will occur if this happens. Identify what economic constraints overall and in the healthcare industry will occur if this happens. Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this: Define the economic concept completely Apply the economic concept to the current issue of rising health care spending and trade-offs Evaluate the unique characteristics in health care that complicate this analysis. From an economic perspective explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences.Identify what economic constraints overall and in the healthcare industry will occur if this happens.Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this: Identify what economic constraints overall and in the healthcare industry will occur if this happens. Evaluate the unique characteristics in health care that complicate this analysis.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code HAPPY