Health care policy and cost control are inseparable

Assignment Help Business Economics

Reference no: EM131238758

Health Care policy and cost control are inseparable. It could be economically disastrous to develop a policy if the costs of that policy could not be controlled. Some may say that is exactly what we have already done with Medicare, and perhaps with the current implementation of the Affordable Care Act. Of course, those issues are debatable. I am eager to hear your thoughts about cost controls we are already attempting and any alternatives you can suggest.

What are some examples of painless cost control? Are they painless for everyone?

Reference no: EM131238758

Questions Cloud

Determine interior v. corner solution and explain : Utility function of Inzaghi is given as u(x, y) = 2x2y. His income is $m, to spend onconsumption of x and y. Assume that price of y is 3 times the price of x, i.e. Py = 3Px. State the optimization problem for Inzaghi, including the constraints. Deter..

What are the costs and benefits of this practice : One suggested remedy for high drug prices in the US is the re-importation of drugs at lower prices from other countries. Do you think this re-importation of drugs is a good idea? Why or why not? What are the costs and benefits of this practice?

Firm possesses any market power based on market structure : How would yo describe the current market structure of the pharmaceutical industry? Do yo think that the typical drug firm possesses any market power based on market structure? why or why not?

Expect interior vs corner solution for optimization problem : Maria’s utility for yoga classes (y) and spin classes (x) are as follows: Maria lives in Clarksville, Austin where things are expensive: yoga classes cost $10 and a spinclasses cost $14 each. Her monthly budget to spend on yoga and spin classes are $..

Health care policy and cost control are inseparable : Health Care policy and cost control are inseparable. It could be economically disastrous to develop a policy if the costs of that policy could not be controlled. Some may say that is exactly what we have already done with Medicare, and perhaps with t..

What is the size of your addressable market : When you think about attending a high end business meeting or an important interview, do ever wish you could wear a luxury accessory like all the other executives? Our business is able to fulfill that need, in pleasing consumers to rent luxury access..

Discuss one strength or one weakness of capitalism : Discuss ONE strength OR ONE weakness of capitalism. Do we have any government (federal or state) policies designed to take advantage of the strengths? What are they and how do they work? Or, alternatively, do we have any government policies that atte..

Problem with CEO compensation : Is there a "problem" with CEO compensation in the United States? If not, why? If so, what is the primary problem with respect to the compensation of CEO's in the United States? (Please discuss only ONE problem so that other students in the class have..

Lagrangian technique using objective function : Perform, the Lagrangian technique using objective function f(x, y) = x + y and constraint 0.25 - xy = 0. Then sketch a graph of the constraint and a few level curves of the objective, function. Did the solution to the Lagrangian technique give you a ..

User Account

All Pages