Ealth Economics: Addressing Overall Expenditures in the U.S. Healthcare Industry
Write an essay APA style that address the following questions: My healthcare submarket is Nursing Services.
1.) Briefly summarize your views on whether the total expenditures for healthcare in the United States are too high. Provide your rationale including the criteria you are using for this assessment.
2.) Propose one specific approach to help contain costs in some way. How would supply and demand be affected? Explain how this shift could be brought about.
3.) Describe the benefits of this approach. How much do you think this approach would lower market price? Could the outcome differ in the short term and long term?
4.) Assess potential unintended consequences of this cost-containment effort.
5.) All in all, do you think this is a feasible approach for reducing overall cost? Why or why not. Provide the rationale for your response.