Which method would you use to evaluate a new medication based only on the cost? Cost effectiveness analysis, cost utility analysis or a cost benefit analysis and why? How can you perform an economic review?

Q: With the use of relevant examples, critically examine four economic principles that are essential to…

A: Economics is referred to as the social science which deals with the study of production,…

Q: What is the effect of Certificate of Need (CON) on the economics of long-term care economic decision…

A: The Certificate of Need (CON) program is a regulatory process used in the healthcare industry to…

Q: describe Diagnostic Research Design

A: In this type of design, the person conducting research tries to find and evaluate the causes,…

Q: n Canada everyone has equal access to healthcare. However, emergency, imaging, surgery and treatment…

A: In Canada even though everyone has the equal access to the healthcare, causes more demand by the…

Q: Compare the U.S. with other countries' health care systems in terms of access, costs, and outcomes.…

A: Universal Healtcare System:Universal healthcare, also known as a socialized healthcare system, is a…

Q: what does non-stationarity mean ?

A: Non - stationary means something which changes its trend over a period of time.

Q: When the FDA lifted restrictions of TV advertisements for prescription medication in 1997, How has…

A: The objective of the question is to understand the impact of the FDA's decision to lift restrictions…

Q: Take a look at how the different healthcare systems around the world works. How would you advise…

A: There are some activities of healthcare that differently works around the world are the following:…

Q: In what way is insuring for a medical loss different from insuring for any other loss?

A: Insurance is a method used by the people to protect themselves from uncertain or unexpected…

Q: Why does taking a drug off a formulary increase the prices to the consumer?

A: At the marketplace, there are many pharmaceutical companies that make their medicines using…

Q: What is new in America’s health care reform law?

A: The Health Care Reform Law enacted in March 2010 brought the Affordable Care Act in America.

Q: A medical reported that the consumption of this product has many health benefits Describe how does…

A: As a medical reported that the consumption of this product has many health benefits, Describe how…

Q: What factors cause Physician Induced Demand, and how do you diagnose it?

A: Physician induced demand would be affected by health of people.

Q: How do economic evaluations in Healthcare inform policy and other decision makers

A: Economics deals with the allocation of limited resources to maximize the welfare of the economy. It…

Q: List and explain the three broad reasons that an individual would need long-term care care.

A: ANSWER   "Long-term Care" referes to providing assistance to people of all ages for their medical…

Q: Discuss the kind of pressure the Health Maintenance Organizations (HMO) exerted on the price of…

A: The health-care system that provides insurance and services to its members.  The traditional HMO is…

Q: Answer the following questions: a. Some health analysts believe that physicians try to increase…

A: Healthcare alludes to the support or improvement of health through the prevention, diagnosis,…

Q: What factors can be identified that are affecting the demand for healthcare. Also the demand for…

A: The demand for healthcare has come from the demand for health. So as to get a stock of health…

Q: What are different types of managed care Plans in terms of operation/definition and cost control…

A: The 3 managed care plans include: High Deductible Plans, Health maintenance Organizations and Point…

Q: Why are the various forms of e- and m-commerce important in health care? Be sure to include the…

A: E-commerce is determined by the performance of business activities with the usage of the internet.…

Q: What is the relationship between health and health economics?

A: Health is very important in life.Health economics is related to maintaining health efficiency…

Q: financial impact that COVID made in the health care industry?

A: The economy is significantly impacted by COVID-19. There has been a disruption in international…

Q: how can the healthcare economy be fixed? How can we solve healthcare problems?

A: The part of the economy concerned with economic activities associated with the production,…

Q: f the United States is constantly evolving. Analazye state New York. How do the various age…

A: The modern nation-state is informed in its decision-making by the information it collects from its…

Q: How does capitation change the incentive structure in a managed care environment?

A: Capitation is a payment system in which healthcare providers receive a fixed amount of money per…

Q: Why do individuals choose to become physicians?

A: Being a doctor is a dream for millions. While the goal is common: “I want to become a doctor,”…

Q: Graph showing government role in the market for health care

A: The health care market is a complex and highly regulated system governed by the government.…

Q: Given the future and developments in health, are the benefits more significant than the costs that…

A: In an economy, government make expenditure on various sectors, such as education, infrastructure,…

Q: explain why health economics is an important tool when it comes to managing health care resources,…

A: Health economics Health economics is an economics subject that focuses on the subject of health…

Q: select a federal law impacting the U.S. health care workforce as their topic.

A: With Congressional oversight, United States health offices foster laws intended to safeguard public…

Q: What can be done to ensure that Medicare does NOT run out of money or that the plan stays…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If…

Q: Explain how health insurance works and describe the different health insurance plans that are…

A: The insurance which covers all the cost of treatment, medical and surgical expenses is the health…

Q: Where does the United States rank on efficiency ofhealth care?

A: Answer is given below