One of the significant problems in medical care markets may be the information problem. Asymmetric information has led to two important defects in the medical marketplace. What are they? How do these defects affect medical markets?

The Subject: Microeconomic Chapter Seven What are the asymmetric information problems in the market for health insurance?

A noted insurance authority has said, “Because the financing of long-term care is inconsistent with insurance principles, it is a problem that does not lend itself to solution through insurance.” In what ways is the financing of long-term care inconsistent with insurance principles? What, in your opinion, is the solution to the problem of financing long-term care?

Is the U.S. ready to have a  "healthcare for all" program? Why or why not?

Explain the factors that may cause shortages of physicians in rural areas. Explain what types of policies might encourage physicians to move to rural areas and reduce the shortage.

a. Sketch a graph of what the insurance market equilibrium looks like if health status is public information and there are no regulations on prices other than the fact that the insurance market is perfectly competitive.

To receive coverage for bodily injury resulting from an accident with a stolen vehicle, an individual should purchase which of the following coverage? please read the question carefully? Medical payment Uninsured Motorists Bodily injury liability Property damage liability

What are the three major cost-reducing features of the Singapore health care system? Which one do you think has the largest effect on holding down the price of medical care in Singapore? What element of the Singapore system is shared by the Whole Foods and State of Indiana systems? What elements are missing? How difficult do you think it would be to implement those missing elements in the United States? Explain

Evaluate the economic imperative of innovation in healthcare examining the costs of innovation and the economics of it's investment.

Dana’s lives in a country where health care is publicly funded, available to all of its citizens, provided by private providers. Dana lives in a country which uses   Universal healthcare   Market-driven healthcare   Optimization healthcare   Socialized healthcare