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Question: 1. Explain how Consumer Directed (High Deductible) Health Plans (HDHP) with Health Savings Accounts (HSA's) are expected to affect patient and provider incentives, and the consequent effect on the cost and use of medical care.
2. Define each of the following terms used regularly by the major third party payers, and explain how they are supposed to affect provider's incentives, fees, and overall utilization.
Fee for service
Capitation
Risk sharing
3. What are the primary cost saving features of managed care?
4. In theory, how is managed care expected to affect patient and provider incentives, and hence the cost and use of medical care? What is the evidence?
5. Explain how the theory of managed care with prospective payment was expected to affect the patient and provider incentives, and the consequent effect on the cost and use of medical care.
Movie attendance dropped 8 percent as tickets prices rose a little more than 5 percent. What is the price elasticity of demand for movie tickets? Could price elasticity be somewhat overestimated from these figures? That is, could other things have ch..
Calculate the annual cost to the entire industry from the closures and calculate the consumer surplus for the number of visitors
In your opinion, how would you summarize interest rates and decision making in plain English to someone who is considering making a car or house purchase?
The Solow Growth Model is an "Exogenous Growth Model". What does this mean? Is it a good or bad characteristic of the model, why?
What Information Does the Fed Use? What type of information is provided in the Beige Book prepared by the Federal Reserve?
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The Medicare Payment Advisory Commission recently voted to suggested to Congress to institute a set of pay for performance incentives for providers serving Medicare patients.
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The boss tells you that he doesn't want more than 15 TV commer- cials because he gets sick of watching the same thing over and over again. The objective is to find the combination of TV (x) and radio (y) commercials that maxi- mize the sale of mil..
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