Respond to the following criticism using the criteria below

Assignment Help Business Economics
Reference no: EM13372142

Respond to the following criticism using the criteria below:

Criticism:

Funding for health care has become a standard practice by many governments. Jennifer Jonh-Yar Bukrs has raised concerns about the abuse of health care opportunities by some.  Her criticism includes:

Social returns to health care are below private returns and likens the scenario to that of the Tragedy of the Commons discussed in module 4.

Those who prefer to put their tax dollars to other uses (i.e. other than funding of health care) are adversely impacted or prohibited from acquiring entitlements and social welfare suffers; the allocation of tax revenue to health care is another form of Expropriation/Eminent domain (discussed in module 5) for which there is no just compensation.

Jennifer Jonh-Yar Bukrs is now an advocate of privatization of health care.

 Response Criteria (items that must be included in your response):

  • Provide a legal perspective on how privatization of health care may be possible.
  • Analyze Jennifer Jonh-Yar Bukrs' critique of health care funding and the notion of privatization of health care.

Your analysis should also include:

  • An examination of the right of an individual to health care
  • The impact health care funding can have on social welfare
  • An examination of equity in relation to health care
  • A criterion for determining efficiency
  • The Neoclassical view v. real world
  • A Pigovian v. Coasean perspective
  • Reference to the health care debate in at least one country
  • A conclusive position on the type of health care system you believe is appropriate given your analysis of Jennifer Jonh-Yar Bukrs' critique.

Reference no: EM13372142

Questions Cloud

Problem 1 suppose the market for oil is characterized by : problem 1. suppose the market for oil is characterized by the demand p 7 - q where q is the total quantity supplied
Write a 2- to 3-page paper that addresses the followingwhat : write a 2- to 3-page paper that addresses the followingwhat is the value of understanding the discipline of health
1 suppose the yield to maturity on a 2 year treasury note : 1 suppose the yield to maturity on a 2 year treasury note was 4.5 while the yield on a 1 year note was 5.5. assume that
Internalization1 operate in domestic market only least : internalization1. operate in domestic market only. least productive2. serve foreign markets through subsidiaries. more
Respond to the following criticism using the criteria below : respond to the following criticism using the criteria below criticismfunding for health care has become a standard
Markets in developed economies are approaching saturation : markets in developed economies are approaching saturation level. therefore mncs are searching for new untapped markets
Ceteris paribus that is all other things equal or assuming : ceteris paribus that is all other things equal or assuming no changes to performance in future years and no change in
Question 1 the jkl corporation the pqr corporation and the : question 1. the jkl corporation the pqr corporation and the xyz corporation have an oligopoly in making widgets a
In 1931 pepsi was almost broke the great depression hit it : in 1931 pepsi was almost broke. the great depression hit it hard and coke had most of the duopoly market for soft

Reviews

Write a Review

Business Economics Questions & Answers

  Which projects are good candidates

Considering expected return and risk, which projects are good candidates? The firm believes it can earn 5% on a risk-free investment in government securities

  Topic of human capital

Describe why teenagers tend to accumulate low wages yet proportionally higher human capital than adult workers.

  Compare the additional income microsoft makes as it moves

Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.

  Illustrate young adults at random to serve in the army

Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army.

  Explain how does marginal analysis affect goods and service

Explain how does marginal analysis affect goods and services, efficiency, equity, and on market economy.

  Chain store representative was overlooking

Illustrate what did he know about costing to the chain store representative was overlooking. Be sure to describe or chart the shape of Morita's costing.

  Efficient amount of pollution control

The Environment Ministry in Japan proposed new carbon tax in order to meet Japan obligations to decrease carbon dioxide emissions under Kyoto Treaty.

  Advantages and disadvantages of design dominance

When design dominance is discussed, what company name comes to mind.

  Q1 in country a the opportunity cost of a ton of cereal is

q1. in country a the opportunity cost of a ton of cereal is 100 gallons of beer. in country b the opportunity cost of

  What are the characteristics of an oligopoly

What are the characteristics of an oligopoly? Using the concept of duopoly and the price leadership model, discuss demand and pricing strategies in an oligopolistic market structure.

  Qanalysis the demand for housing is often described as

q.analysis the demand for housing is often described as highly cyclical and very sensitive to housing prices and

  Explain how many histories game tree nodes

Explain how many histories/game tree nodes are there where P2 has to move? P1.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd