HSA510007VA016-1166-001: Health Economics Week 1 Discussion “Population and Individual Health Measures and Healthcare Costs in the United States” Please respond to the following: From the first e-Activity, determine the most commonly used population and individual measures used in providing healthcare today. Examine the primary impact that these measures exert on the choices that consumers make in order to address their own healthcare needs. Justify your response. From the second e-Activity, compare the magnitude of healthcare costs in the United States to that of other developed countries. Analyze at least three (3) differences that you believe exist between the decisions that U.S. consumers and the consumers in other developed countries make regarding healthcare. Provide a rationale for your response. Week 2 Discussion “Health Demand, Elasticity, Principle and Agent in Determining Demand for Medical Care” Please respond to the following: From the e-Activity, compare the primary individual factors that influence demand, and explain the significant ways in which each affects the demand curve. Provide at least one (1) example of these factors to support your rationale. Imagine a situation where consumers have incomplete information about their health status and about the productivity of medical care. Examine the roles of the principal and the agent in helping consumers to determine the demand for medical care in the described situation. Provide at least one (1) detailed example of such roles in action to support your response.
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