Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Supply and Demand Economic Theory
Discuss supply and demand economic theory as it applies to costs for diagnosis and treatment of obesity-related disease.
Healthcare services for obesity-related illnesses have a 'demand curve', just like other commercial services and goods; this demand curve slopes downwards. The same demand law that works for entertainment, clothing, automobiles, and other services and goods also applies here; movements along this demand curve take place with respect to consumer responses to price changes in obesity-related care services. It is assumed that healthcare, which includes doctor visits, hospital bills, medication, and other health services, are measurable in healthcare units (Bovbjerg, Dorn, Hadley, Holahan and Miller, 2006).
The method of healthcare financing complicates demand curve analysis for healthcare related to obesity. Nearly 80% of healthcare linked to obesity is funded by third-party financiers, which include government initiatives and private insurance firms (e.g. Medicaid and Medicare). While movements are caused along the obesity-linked healthcare demand curve due to price changes, other factors may also contribute to shifts in demand curve (Manning, Newhouse, Duan, Keeler, Leibowitz, & Marquis, 2007). Some non-price factors that may shift the obesity-linked healthcare demand are as follows: Number of Customers -- with increase in population, an...
Doctors may also impact consumer preferences through treatment prescriptions; Income -- healthcare comes under the category of normal goods. Growing inflation-adjusted earnings of United States (U.S.) consumers causes a rightward shift in healthcare services' demand curve; Prices of Alternative Services - price of substitute obesity-related services and goods can alter, in turn, influencing other health services' demand (Manning et al., 2007).
Discuss the impact on State funds of Medicare and Medicaid expenditures. See Table 1, Estimated Adult Obesity-Attributable Percentages and Expenditures, by State (BRFSS 1998 -- 2000)
Obesity negatively affects physical well-being, but also places a financial burden on the healthcare delivery structure to cure increased diseases resulting from obesity-linked health problems. Fielbelkorn, Finkelstein, and Wang, in a study conducted in January 2004, estimated that almost $75 billion of U.S. public health costs of 2003 could be ascribed to obesity; around 50% of this cost was funded publicly. Three factors play a role in the growing burden of obesity treatment. They are increase in obese individuals; increased cost of obesity- specific treatments; and demographic shifts in society, with a common…
References
Bovbjerg, R., Dorn, S., Hadley, J., Holahan, J., and Miller, D. (October 20, 2006) "Caring for Uninsured in New York. What Does It Cost, Who Pays, What Would Full Coverage Add to Health Care pending?" Report, The Urban Institute, Washington, DC; Publications.
Finkelstein, E., Fielbelkorn, I., and Wang, G. (January 2004). "State-Level Estimates of Annual Medical Expenditures Attributable to Obesity." Obesity Research, Vol. 12, No. 1, (18-24).
Manning, W., Newhouse, J., Duan, N., Keeler, E., Leibowitz, A., Marquis, M. (2007). "Health Insurance and the Demand for Medical Care: Evidence from a Randomized Experiment." American Economic Review. Vol. 77: 251 -- 277.
Establishing an NP Led Wellness and Recovery Center for Deinstitutionalized Individuals Historically, nursing, and medicine professions have been loath to utilize tools commonly linked with mercenary aspects of business, such as market research and decision analysis. In the contemporary health care setting, however, consumers hold numerous options for care providers. The division of the market or market segmentation into different subgroups allows the determination of target markets and the buildup of
Business (general) Please list sections according to instructions Exercise 1.1: Review of Research Study and Consideration of Ethical Guidelines Option 1: Stanford Prison Experiment Go to: http://www.prisonexp.org, the official site for the Stanford Prison Experiment. What do you think the research questions were in this study? List 2 or 3 possible research questions (in question format) that may have been the focus of this experiment. What happens when you put good people in an evil place?
Sugar value chain MORE LABELS Sugar: it gives us energy, in more ways than one. But this comes at a huge cost that is becoming more recognized, which will eventually have to be tallied up as population growth and resource depletion force humankind to re-evaluate consumption patterns all over the globe. The environmental consequences of sugar production have been apparent for centuries but are growing more urgent as production expands, releasing
Audit of Organizational Effectiveness Department of Social Services Effectiveness audit: The Department of Health and Human Services Organization to be analyzed The Department of Health and Human Services is the umbrella organization within the U.S. government devoted to improving the welfare of citizens through various wellness promotional efforts. Its website proclaims that "the Department of Health and Human Services (HHS) is the United States government's principal agency for protecting the health of all Americans
Korotkoff Phase Should Be Used as the Endpoint for the Measurement of Diastolic Blood Pressure During Pregnancy Literature Selection and Identification Critical Appraisal of Selected Literature Five Korotkoff Phases Conducting System of Human Heart Two of the most common complicating problems seen during pregnancy are the appearance of gestational diabetes and of hypertension. Both of these conditions are more likely to occur during late pregnancy and both generally abate in the postpartum period. Nevertheless,
Quality Improvement Program Needs Assessment and Quality Improvement Plan Paula Stechschulte, PhD, RN Quarter This paper discusses the process of drafting a quality improvement plan at a community level medical facility, a plan that is aimed at reducing days under urinary catheter and also reducing the rates of infections associated with the said catheters. As a high rate of incidence of infection related to catheter usage is costly for the hospital, this implementation