Reference no: EM13867348
Data on historical national health expenditures (NHE) for selected years from 1970 through 2009 (Centers for Medicare & Medicaid Services [CMS], n.d.). Based on the data for these years, answer the following questions:
• Table 1: Sources of National Health Expenditures presents a breakdown of the sources of national health expenditures for selected years from 1970 through 2009. Comment on the changes in the categories of expenditure sources (i.e., out-of-pocket, third-party payers, and types of third-party payers), both year-to-year changes and changes over the entire period.
• Table 2: Public Program Payments presents a breakdown of public program payments for selected years from 1970 through 2009. Describe the situation that the state and local budget officials are facing, in economic terms, as they construct expenditure plans for Medicaid and other programs.
• Remember that Medicaid expenditures (which approximately account for over 20% of state budgets) are increasing each year at a rate that exceeds the rise in other spending categories (such as elementary and secondary education, which approximately accounts for 22% of state budgets) and revenue projections are approximately 4-5% over previous years. Explain how an increase in Medicaid expenditure represents the economic problem and what economic principle it illustrates.
Compile your work and create a 2- to 3-page Microsoft Word document that includes answers to the above questions.
Note: When analyzing such types of statistics, you will find it useful to present the data visually, such as by constructing a line graph or a bar diagram. A bar diagram will clearly show changes in values. You can also use a Microsoft Excel spreadsheet to construct a graph.
Support your responses with examples.
Cite any sources in APA format.
Attachment:- economics_of_healthcare.pdf
|
How much steel does a profit-maximizing monopoly produce
: Declines in stock prices are sometimes viewed as an indicator of future declines in real GDP
|
|
Assume that froogle, inc. is a corporation
: Assume that Froogle, Inc. is a corporation with its principal place of business in California. Mary, a proprietor of a small business in Vermont that specializes in the manufacture and sale of ski equipment to Vermont ski resorts, signs a contract wi..
|
|
The concepts of legal writing
: In this assignment, we will attemptto utilize some of the concepts of legal writing that we will discuss in class.Below you will find an essay that, to put it mildly, needs a bit of work. Thewording is verbose and uses "slang". There is no focus or o..
|
|
What do you tell the board
: What do you tell the board? In a 2- to 3-page, double-spaced paper, give your response. Be sure to discuss the board's duties, the shareholders' expectations.
|
|
Data on historical national health expenditures
: Data on historical national health expenditures
|
|
Where is the center of mass
: Three masses (m = 1.2, 2.5 and 3.4 kg) are placed on a horizontal frictionless surface at the corners of an equilateral triangle of edge length l = 140 cm. Where is the center of mass?
|
|
What was the initial speed of the bullet
: The bullet remains embedded in the block, which is observed to slide a distance 0.270 m along the surface before stopping.
|
|
Analyse the advantages of controlling employee access
: Create an initial post in which you analyse the advantages and disadvantages controlling employee access to the Internet through various methods (e.g. blocking certain sites or monitoring employee usage of computing resources).
|
|
Where should amc report any gain or loss on this transaction
: Prepare the journal entries to record the issuance of the 4 percent bonds and the early retirement of the 6 percent bonds. Assume both sets of bonds were issued at face value. Where should AMC report any gain or loss on this transaction? What dollar ..
|