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Essay / Research Paper Abstract
This 4 page paper provides an overview of health care and the impacts of market forces. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: MH11_MHHeaMFs.rtf
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Unformatted sample text from the term paper:
economic models applied to health care. While national health care systems like those in many of the industrial nations of the world are based on a social justice model
(everyone has the right to health care and therefore gets health care), the United States system is based on a market justice model, in which health care is a commodity
which must be purchased. Individuals who have the resources to purchase services get them, while those who cannot go without. Because the American system is based on
a market justice model, one might ask whether or not health care responds to market forces in the same way as other commodities. In general, health care costs do
not seem to respond to market forces, including shifts in pricing based on supply and demand, and there are some very specific reasons why this does not occur. It
is important to note that unlike markets for products like DVD players or other high electronics, general health care has a secured number of consumers. The government, which pays
Medicare and Medicaid payments for health care received by the underprivileged and the elderly, is a maintained population that receives care consistently. The lack of true fluctuation in the
health care market based on the security of this population results in the ability to maintain higher prices even when other populations reduce their care because of price (Gladwell, 2004).
In the 1980s, efforts were made to implement policies and medical payment systems that would reduce the cost of health care. In particular, cost sharing methods that increased
the cost for consumers of the use of health care services was believed to be a method of reducing the use of services and placing downward pressure on health care
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