Health care economics | Applied Sciences homework help

Assignment 1: Applying Economic Concepts Relevant To Health Care Spending  Assignment     I’m Done         Due June 9 at 11:59 PM     

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

Assessment #1: (10%) 

As you learned in Week 1, health care spending is growing faster than overall growth in the economy (as measured by GDP) and by 2026 is expected to consume 20 percent of GDP.  Many economists believe that the trade-offs required to finance health care spending have become increasingly challenging for both private and public payers.

Given what you have learned from the course material in Week 1, discuss these trade-offs and how to evaluate them from an economic perspective. BE SURE TO USE SECTION HEADERS CORRESPONDING TO THE SECTIONS BELOW.

Specifically, do the following:

  1. From an economic perspective, explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences. 
    1. Identify what economic constraints overall and in the healthcare industry will occur if this happens.
  2. Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this:
  • Define the economic concept completely
  • Apply the economic concept to the current issue of rising health care spending and trade-offs
  1. Evaluate the unique characteristics in health care that complicate this analysis.

This report should be at least four double-spaced pages, include a reference page, and cover page.  In writing, your report you should rely largely on reference material in the course readings and summary slides in Week 1. Please be sure to properly cite all material used.  

Be sure to include your name and section headers corresponding to the parts of the report above.  

Attached is the material for reference if needed:

There are two textbooks for this course: 

1)The first text for this course is written by Mayer, “Everything Economics”. 

Access the text via the following link (copy  link and paste in your browser)

http://ezproxy.umuc.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=418083&site=eds-live&scope=site&profile=edsebook

The second textbook is: Economic Theory Through Application 

And can be found at:

https://saylordotorg.github.io/text_economics-theory-through-applications/

This week Read: 1) Mayer Chapter 1: What is Economics?

          2) Mayer Chapter 13: Keeping Score: The Gross Domestic Product

           3) Economic Theory Through Applications Chapter 1: What is Economics? (p. 6-18)

https://saylordotorg.github.io/text_economics-theory-through-applications/

          4) Economic Theory Through Applications Chapter 2: Microeconomics in Action (p. 19-32)

5) National Health Expenditures 2016 HIghlights

https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/downloads/highlights.pdf 

6) What Do We Spend on Healthcare: National Health Accounts Forecast:

See Forecast Summary link and Tables 1, 2, and 3 in detailed data files:

https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsProjected.html

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

At Myrestlab.com, we always work diligently to provide our customers with high-quality nursing assignment help services. We ensure that all papers by our writers possess 100% originality. We also guarantee all students of 100% privacy and confidentiality when working with us.

Money-Back Guarantee

At Myrestlab.com, our mission is to provide quality services to all students. We, therefore, guarantee money-backs for the rare occasions of satisfaction. Your satisfaction is our goal.

Read more

Zero-Plagiarism Guarantee

All our nursing assignment help services are 100% original. Each of our professional writers develops custom papers from scratch to reduce the chances of plagiarism. In addition to this, we always run completed papers through advanced anti-plagiarism checkers for 100% originality.

Read more

Free Revision Policy

Our free revision guarantee is a courtesy service by Myrestlab.com to ensure that we achieve 100% customer satisfaction rates. In case you feel unsatisfied with the outcome of your paper, you can always request for free unlimited revisions. We recommend a revision request within 14 days after the delivery date for short papers and 30 for dissertations.

Read more

Privacy Policy

Myrestlab.com also guarantee 100 privacy and confidentiality. We do not share any of our customers’ personal details with third parties. We have also fitted our websites with security features to ensure secure connections. Our security features also prevent damages that might occur through attacks by outsiders.

Read more

Fair-Cooperation Guarantee

By ordering a paper through My Rest Lab, you agree to receive nursing assignment help services offered by our nursing assignment writers. Our assignment help experts will always endear to provide quality services as promised. We always expect maximum cooperation from our students to help us achieve our mission and vision.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency