Health Econ 365 Part C Appalled by the answer to the previous questions, you set your scientist to work again. They concoct another "breakthrough" technology that raises each citizen's annual medical expenditures by 50% without having any effect on death rates. Now you have lower death rates and higher medical expenditures. Will the Medisure trust fund ever go bankrupt now? If so, when? Please show us how you come up with the calculation. Thank you.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter8: Market Failure
Section: Chapter Questions
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Health Econ 365 Part C
Appalled by the answer to the previous
questions, you set your scientist to work
again. They concoct another "breakthrough"
technology that raises each citizen's annual
medical expenditures by 50% without having
any effect on death rates. Now you have
lower death rates and higher medical
expenditures.
Will the Medisure trust fund ever go bankrupt
now? If so, when?
Please show us how you come up with the
calculation. Thank you.
Transcribed Image Text:Health Econ 365 Part C Appalled by the answer to the previous questions, you set your scientist to work again. They concoct another "breakthrough" technology that raises each citizen's annual medical expenditures by 50% without having any effect on death rates. Now you have lower death rates and higher medical expenditures. Will the Medisure trust fund ever go bankrupt now? If so, when? Please show us how you come up with the calculation. Thank you.
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