Indicate whether each statement is true or false, and justify your answer.The Dartmouth Atlas results are proof that health is easier and/or cheaper to produce in some American cities than others.

How did you get step 2? I am confused on how you went from  dQ/dE= 6*1/2*E-1/2 to VMP=6*6*1/2*E-1/2

What have been some Economic consequences of a Pandemic?

Demand for medical services is price inelastic (Absolute value of price elasticity of demand is less than 1 and greater than zero). Medical services are different from most other goods and services in that the person who determines the demand (the patient) is not the person who makes the payment (payment is made by the insurance company). How does this affect the price elasticity of demand for medical services (increase it or decrease it)? You may assume that this question only refers to people who have health insurance. Ignore co-payments and deductibles and any other out-of-pocket expenses. Please give an explanation.

Indicate whether the statement is true or false, and justify your answer.One hundred percent of health expenditures in Beveridge countries is publicly financed.

While it may seem intuitively obvious that health expenditures will increase as a population age – older people, after all, are less healthy on average than younger people – in fact, several prominent health economists have argued that it is not ageing per se, but rather some of the correlates of an ageing population that cause health expenditures to rise as population ages. For instance, Getzen (1992) argues that, at least in part, rising health expenditures with an ageing population are due to the higher incomes and resources of the older population; health care is a normal good, so higher incomes lead to higher expenditures. In a similar manner, Zweifel et al. (1999) argue that the real problem with an ageing population, at least as far as health care costs are concerned, is that there will be more people who are within a couple of years of dying. Since health care expenditures rise sharply close to the end of life, it is this, rather than population ageing by itself, that leads to…

Indicate whether the statement is true or false, and justify your answer.Barriers to care erected by managed care organizations, such as requiring patients to visit gatekeeper physicians prior to seeking specialist care, can increase consumer welfare.

Which statement about the individual health insurance market in the U.S. is correct?   Question options:   1)  Among the non-elderly with private health insurance, about one-third now purchase it in the individual market   2)  Individual market enrollment increased with implementation of the Affordable Care Act in 2014, but it has declined in every year since   3)  According to data from the Kaiser Family Foundation, On-Exchange enrollment has been roughly constant (varied by less than 1 million) since 2015   4)  According to data from the Kaiser Family Foundation, Off-Exchange enrollment has grown relative to On-Exchange since 2015

See attachment. Whats the the maximum health insurance premium the individual is willing to pay?

Since the passage of Medicare in 1965, what has happened to overall medical spending for the elderly?  Per capita spending? Out-of-pocket spending? How does this compare with healthcare spending by the non-elderly?