ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Indicate whether each statement is true or false, and justify your answer.
There are several survey methods that health services researchers use to measure quality of life under different diseases.
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- Indicate whether each statement is true or false, and justify your answer.There are no out-of-pocket costs (i.e. coinsurance, copayments, premiums, deductibles, etc.) for patients being treated by health providers in the UK, at least for most types of care.arrow_forwardIndicate whether the statement is true or false, and justify your answer.NICE conducts health technology assessments for the UK, but the NHS is not authorized to use their analyses to make decisions about what health care is actually available.arrow_forwardIndicate whether the statement is true or false, and justify your answer.Even though health insurance is universal, citizens can choose whether or not they are insured.arrow_forward
- Indicate whether each statement is true or false, and justify your answer.Both ICERs and ACERs compare two drugs on the basis of both cost and medical efficacy.arrow_forwardIndicate whether the statement is true or false, and justify your answer.Results from the Oregon Medicaid Experiment suggest that having health insurance has a positive impact on health status.arrow_forwardWhich of the following hypotheses argues that a third variable, "patient", determines both health and wealth: Fuchs hypothesis efficient producer hypothesis thrifty phenotype hypothesis allostatic load hypothesis access to care hypothesisarrow_forward
- 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.arrow_forwardIndicate whether the statement is true or false, and justify your answer.One hundred percent of health expenditures in Beveridge countries is publicly financed.arrow_forwardIndicate 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.arrow_forward
- The following is an abstract from the paper "Discrimination in Health Care: A Field Experiment on the Impact of Patients' Socioeconomic Status on Access to Care," by Silvia Angerer, Christian Waibel, and Harald Stummer. We employ a large-scale field experiment to investigate the impact of patients' socioeconomic status on access to care. We request an appointment at more than 1,200 physicians in Austria, varying the educational level of the patient. Our results show that overall patients with a university degree receive an appointment significantly more often than patients without a degree. Differentiating between practice assistants and physicians as responders, we find that physicians provide significantly shorter response times and marginally significant shorter waiting times for appointments for patients with than without a university degree. Our results thus provide unambiguous evidence that discrimination by health providers contributes to the gradient in access to care.…arrow_forwardSince 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?arrow_forward
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