Sample Essay on:
Question and Answers in Health Care Economics

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Essay / Research Paper Abstract

This 8 page paper answers three questions posed by a student all related to the economics of health care. Several concepts are defined and explored. Bibliography lists 5 sources.

Page Count:

8 pages (~225 words per page)

File: RT13_SA616hc.rtf

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Unformatted sample text from the term paper:

products in the health care realm. For example, they see a drug advertise on television and coax their doctors into writing a prescription. They want the best of care, but people do succumb to advertising and doctors are often persuaded by drug representatives. The relentless pushing of the drugs sometimes creates demand. Prescription drugs are used as an example. However, there is a demand for a myriad of health care services. Today, couples will not take no for an answer when they are told they are infertile. They demand procedures that will result in fertility. Quite often, with enough money, they will get those services. First, what is demand exactly? According to the Economics Glossary (2006), " Demand is the want or need or desire for a product that is backed by an ability to pay. Demand is measured over a given time period. It is determined by a number of factors including income, tastes and the price of complementary and substitute goods." In health care, demand is often attached to individual needs. It is attached to income as those with higher incomes seek greater care such as non-essential items like braces, health screenings, and regular check ups. Those with less income will wait out a problem and not seek preventative services. Also, ideology enters the picture. Some people simply avoid medical care because they do not like doctors for example. Many things play a role in respect to demand. Third world countries have fewer resources but a reduced quality of life and while there may be "demand" for health care, it sometimes goes unnoticed. The deaths of citizens are merely accepted as a part of life, even when such deaths might have been prevented in modern countries. In comprehending demand in the context of health care economics, ...

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