StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Demand for Health Care Services - Assignment Example

Cite this document
Summary
Governments are generating and directing funds towards the Medicare and Medicaid facilities. Citizens highly value government backed health care services because of their…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Demand for Health Care Services
Read Text Preview

Extract of sample "Demand for Health Care Services"

Demand for Health Care Services Task Introduction Demand for health care services is an issue that is debated in public and political forums globally. Governments are generating and directing funds towards the Medicare and Medicaid facilities. Citizens highly value government backed health care services because of their availability and ease of access to medical and health facilities. This essay reviews the demand for health care services of obese patients by discussing the demand and economic theory as it applies to the medical diagnosis treatment.

It also discusses the impact on state funds for Medicare and Medicaid and recommends ways to lower costs for a particular state of residence.Discuss the supply and demand economic theory as it applies to the medical diagnosis treatmentSupply and demand economic theory is a significant aspect in the economics. It is a basis in which many economists believe further economic models and theories are extracted. The theory shows the association amid the products accessibility and client’s interest on it.

It is established that resources are relatively scarce related to wants. In applying to the medical diagnosis treatment, the demand for medical diagnosis treatment is high. Amusingly, health amenities, certified doctors, and necessary equipments are few; hence, unable to offer proper treatment (Cohen, 2011). Supply and demand economic theory assists in solving the problem leading to increase for demand for medical care to offer efficient treatment. Decision making in the medical sector majorly relies on the necessity for treatment and the accessibility of ample health equipments and services.

Consequently, the theory is significant in medical diagnosis treatment (Cohen, 2011). Discuss the impact on the State funds for Medicare and Medicaid The impact of the State funds for Medicare and Medicaid that has improved the quality of health services provided to patients from low incoming households. The funds have assisted an estimated 60 million Americans, which has provided a home based care. The funding has cost many American citizens through taxing. The low income individuals have been conditioned to rely on the States funds; hence, making them unproductive and hardworking.

In reference to table 1, Estimated Adult Obesity-Attributable Percentages and Expenditures, by State (BRFSS 1998–2000), most of the states spend a lot of money in budgeting for Medicare and Medicaid, hence making it difficult to concentrate on other development projects (Berger, 2008). Speaking as a health care economist, what would you recommend to lower the cost for your particular state of residence?In case I was a health care economist for the Chicago, I will recommend the following strategies to be used to lower the cost of medical services.

Firstly, the health facilities should begin to reuse hospital equipments that are safe to be used once again, for example, surgical apparatus. A program will be initiated to edify doctors on the significance of being responsible and remove the profit-minded way of thinking some of them have. This will ensure that health facilities concentrate on treating rather than finding strategies of getting money (Brannon, & Feist, 2010). Thirdly, I will urge the federal government to lessen the amount of money insurance takes on health facilities so that it can be used elsewhere.

Unused rooms like emergency rooms can be eliminated or reduced in number to offer the underprivileged a routine medical care. Lastly, the earlier life-ending decisions should be allowed to reduce the cost, which also reduces the process of losing life. Futile strategies and programs that have failed to bring progress to the health care sections should be eliminated to avoid the huge amount of money used to run them. This will ensure that the costs are reduced and cut down (Brannon & Feist, 2010).

ConclusionConclusively, the discussed areas in demand for health care service include ways in which supply and demand economic theory applies to the medical diagnosis and treatment, the effects of state funds and lastly the ways in which medical cost for Chicago state can be lowered. Consequently, the government ought to ensure that every citizen access quality health services by applying the discussed ideas. ReferencesBerger, S. (2008). Fundamentals of health care financial management: A practical guide to fiscal issues and activities.

San Francisco, Calif: Josey-Bass.Brannon, L., & Feist, J. (2010). Health psychology: An introduction to behavior and health. Australia: Wadsworth, Cengage Learning.Cohen, J. (2011). Successful training in gastrointestinal endoscopy. Chichester, West Sussex, UK: Wiley-Blackwell.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Demand for Health Care Services Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Demand for Health Care Services Assignment Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/health-sciences-medicine/1598137-demand-for-health-care-services
(Demand for Health Care Services Assignment Example | Topics and Well Written Essays - 500 Words)
Demand for Health Care Services Assignment Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/health-sciences-medicine/1598137-demand-for-health-care-services.
“Demand for Health Care Services Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/health-sciences-medicine/1598137-demand-for-health-care-services.
  • Cited: 0 times

CHECK THESE SAMPLES OF Demand for Health Care Services

Effect of Mergers and Acquisitions on Healthcare

It's a well known fact that increase in population implies increasing Demand for Health Care Services.... Changing environmental factors and the proliferation of new diseases arising out of them also has been a major factor towards commercialization of health care services.... hellip; As the human race evolved, the health care became increasingly complex finally becoming a multi-trillion dollar industry worldwide.... Infact the use of the word "industry" to the term Healthcare itself suggest the kind of view one has these days towards the Healthcare services....
5 Pages (1250 words) Essay

Financial Implications of Staff Morale problems

These pressures may be in the form of the following: increasing competition, staffing shortages, employee and patient safety concern, and the significant increase in the Demand for Health Care Services.... These pressures may be in the form of the following: increasing competition, staffing shortages, employee and patient safety concern, and the significant increase in the Demand for Health Care Services.... Every health care organization aims to provide good quality health care services at par or above par among its competitors....
2 Pages (500 words) Essay

Ethical and Legal implications of Staff Morale Problems

It can be caused by the increasing competition, downsizing, employee and patient safety concern, and the significant Demand for Health Care Services.... health care organizations are becoming more and more concerned on how to support high levels of staff satisfaction without sacrificing the quality of health care provided to patients.... Beyea (2004) mentioned that “low morale can contribute to negative outcomes at both the… A member of the health care team experiencing low morale may perform at a lower standard of practice than usual....
2 Pages (500 words) Research Paper

Implications of Health Economic Concepts for Healthcare

Most people believe that the Demand for Health Care Services is inelastic.... The experiences of a variety of health care organizations are able to demonstrate the fact that the demand of health care services is not insatiable, and they are predictable.... These are considered luxurious health care services, and it is only for the preserve of the rich (Dalton, 2012).... However, when the demand is high, and there is little supply, then chances are In the health care, accesses to medical services are always on high demand....
5 Pages (1250 words) Coursework

Macro and Microeconomic Evaluation

The change in price affected the demand for hamburger, its substitute and complementary products.... In this perspective, the quantity of hamburger that I demand for the month decreased.... This essay stresses that businesses usually use certain economic incentives to encourage customers to come and make a deal with them....
4 Pages (1000 words) Essay

The Changing US Population Demographics

The aging population in the US will increase the demand for health-care services.... The high fertility rate was attributable to increased access to child care services and other societal adaptations such as male involvement in household labor.... This requires innovative health technologies that will address the high increase in acute and terminal diseases such as Alzheimer and cancer....
2 Pages (500 words) Assignment

Chart of Accounts for Health Care Organizations

Demand for Health Care Services is dynamic given the changing lifestyle in the contemporary society.... An author of the essay "Chart of Accounts for health care Organizations" reports that despite having such a philanthropic structure, the company is among the largest employer in the country.... Banner health portrays the dynamism capable of handling the demands for health care service in the future.... Billion (Piland, Glass & Center for Research in Ambulatory health care Administration, 1999)....
5 Pages (1250 words) Essay

Taking the Pulse of Consumer-Driven Health Plans

Increasingly, policymakers have come to the realization that one way of improving the health care system is by managing the Demand for Health Care Services.... However, health economics now mandates that demand for health care must be managed as well in order to create balance and sustainability within the entire system.... Today, most medical care experts and professionals are feeling a pinch of supply constraints such as the lack of qualified medical care personnel and further made more complicated by a continually rising population that demands more health care services....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us