You need to answer all 3 questions.  It is expected that it would take you at least one single-spaced typed page to answer a question.  (Assuming one-inch margins and 12 pt font.)  All answers must be in one Word file.  Handwritten work scanned into a Word document is not acceptable.  Please be sure to provide citations for your sources. 

Question One 

Define and provide an original example of the concepts listed below. 

Discuss their significance in determining the efficient functioning of a medical market.

 

Moral Hazard

Adverse Selection

Asymmetric Information

Third-Party Payer

Cream Skimming

 

Question Two  (The one-page single-spaced specification in the directions above is to give you an estimate of the length of the essay.  If you do a double-spaced essay, it should be about two pages.)

 

Write an essay in which you

 

Describe the theory of physician-induced demand for medical services. 

Explain how the dual nature of the physician’s role as both advisor and provider supports the induced demand theory.

Identify and explain what implications physician-induced demand has for healthcare policy.

Discuss how health insurance reinforces physician-induced demand.

Discuss what the natural limits to the alleged problem of physician-induced demand are.

 

 

Question Three  (The one-page single-spaced specification in the directions above is to give you an estimate of the length of the essay.  If you do a double-spaced essay, it should be about two pages.)

 

Write an essay in which you

 

Describe the different characteristics of for-profit and not-for-profit hospitals.

Discuss whether the non-for-profit hospital status eliminates the for-profit behavior.  Explain your answer.

Define cost-plus pricing and discuss how it affects the hospital’s behavior.

Run your assignments through Grammarly. Each assignment will be checked for plagiarism using Turnitin similarity report. The similarity index for your assignment should be no more than 30%. If is it higher, you will need to address the areas of concern by paraphrasing better and resubmitting your work. Don’t use quotes. 

 

 

 

 

Jude Adrien

(646) 894 8225

juga42@gmail.com

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