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This 4 page paper covers the issue of supplier induced demand in health care. Bibliography lists 5 sources.
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4 pages (~225 words per page)
File: MH11_MHSupIDD.rtf
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their recommendations. SID focuses on the role of physicians, primarily because of the level of "informational symmetry between a patient and provider" that links the directives of the physician
to the seeking of services by the patient (Induced Demand, 2003). Though professional ethics support the development of SID as a result of the physicians interest in supporting the
patient, there are questions about the efficiency and impacts of SID. Essentially, SID occurs because patients have limited access and knowledge of
healthcare situations and required services, and physicians often act as both educator and provider for health care. As a result, the physician recommends certain treatments and the patient often
follows these recommendations because of the information provided by the physician (Induced Demand, 2003). Essentially, physicians are creating the demand for their own services.
One of the central problems with this type of relationship and market strategy is that physicians have the capacity to exploit their relationship and their superior knowledge
of information (also described as informational advantage) to create demand for their services (Induced Demand, 2003). While medical ethics are supposed to direct physicians activities and the service direction
for patients, there is a conflict between personal interest (through induced demand) and the interest of patients (Induced Demand, 2003). In the
given free market situation in the United States, physicians are often motivated by their own interest, the profit motive, and often advise a higher level of treatment to be purchased
than may be inherently necessary (Economics of Health Care, 2003). In the past, physicians behaviors have been controlled by ethics, licensure, and professional codes (Economics of Health Care, 2003).
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