Assignment Prompt & Instructions
– ## Module4Assignment1.docx
– ## Module5Assignments.docx
**## Module4Assignment1.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Four
**Demand for Health and Its Social Determinants**
1) What are some of the consumer assumptions of the competitive economic model of demand?
2) Describe Grossman’s Model as it relates to the demand for health, production of health stock and a rational person’s role.
3) Why do returns on health production depreciate?
4) Do you agree or disagree with the assumption that more units of medical care produce more health stock?
5) Why does an MEI curve move to the right or left?
6) What is the utility possibility frontier and how is it determined?
7) What are social determinants of health and why do they matter to economics of health production?
8) Choose one social determinant of health presented and describe how it could affect health production capability, and depreciation rate. When might this person encounter a structural barrier?
9) Now, starting with Wagstaff standard model that is 4.6, draw one of the effects on the model showing how the social determinant predicts a difference in health good demand. (Hint: You can screenshot 4.6 and draw the effect on it and upload that.) Below the image, write four sentences describing the effect – see last paragraph on page 85 for help.
10)
**Using concepts from the chapter,** **(BOLD THE CONSTRUCTS)** how would you describe (no picture necessary) how health demands changed from ONE of the following:
· introduction of GLP1 treatment for obesity
· reduced reimbursement for virtual care visits post COVID, OR
· provision of free vaccinations.
**## Module5Assignments.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Five
The Demand for Healthcare Insurance & Healthcare Services
1) What is Pangloss’ philosophy?
2) Name some ways that the chapter said health information differs, making it complex.
3) Describe actuarially fair insurance.
4) The chapter covered 2 landmark studies: RAND and Oregon experiments. Describe the basic findings of each.
5) List 2 additional ways (besides consumer assumption violations) that the healthcare insurance market differs from the competitive model. Hint – look to the sections with demand graphs.
6) What is the moral hazard of health insurance presented in the chapter?
7) Look up the Leap Frog hospital safety grade rating
[https://www.hospitalsafetygrade.org/](https://www.hospitalsafetygrade.org/) and the CMS Hospital Care Compare of 3 different hospitals
[https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital](https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital) in your area and report their results for safety grade, quality stars and patient rating for quality.
**In your opinion**, does this capture public opinion/ preferences in your area?
8)
**In your own words**, what would your press about the RAND and Oregon studies’ findings say today? Write a few takeaway statements that you believe the public should adopt.
9)
**Do you agree or disagree** with Mark Pauly’s assertion that people are wasting health resources through overinsurance, justifying increasing cost sharing? Explain using or critiquing assumptions from the models.
10)
**Do you** support Broad-Cost Sharing or Targeted like VBID? How does equity play into that support?
**## Module5Assignments.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Five
The Demand for Healthcare Insurance & Healthcare Services
1) What is Pangloss’ philosophy?
2) Name some ways that the chapter said health information differs, making it complex.
3) Describe actuarially fair insurance.
4) The chapter covered 2 landmark studies: RAND and Oregon experiments. Describe the basic findings of each.
5) List 2 additional ways (besides consumer assumption violations) that the healthcare insurance market differs from the competitive model. Hint – look to the sections with demand graphs.
6) What is the moral hazard of health insurance presented in the chapter?
7) Look up the Leap Frog hospital safety grade rating
[https://www.hospitalsafetygrade.org/](https://www.hospitalsafetygrade.org/) and the CMS Hospital Care Compare of 3 different hospitals
[https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital](https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital) in your area and report their results for safety grade, quality stars and patient rating for quality.
**In your opinion**, does this capture public opinion/ preferences in your area?
8)
**In your own words**, what would your press about the RAND and Oregon studies’ findings say today? Write a few takeaway statements that you believe the public should adopt.
9)
**Do you agree or disagree** with Mark Pauly’s assertion that people are wasting health resources through overinsurance, justifying increasing cost sharing? Explain using or critiquing assumptions from the models.
10)
**Do you** support Broad-Cost Sharing or Targeted like VBID? How does equity play into that support?
**## Module4Assignment1.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Four
**Demand for Health and Its Social Determinants**
1) What are some of the consumer assumptions of the competitive economic model of demand?
2) Describe Grossman’s Model as it relates to the demand for health, production of health stock and a rational person’s role.
3) Why do returns on health production depreciate?
4) Do you agree or disagree with the assumption that more units of medical care produce more health stock?
5) Why does an MEI curve move to the right or left?
6) What is the utility possibility frontier and how is it determined?
7) What are social determinants of health and why do they matter to economics of health production?
8) Choose one social determinant of health presented and describe how it could affect health production capability, and depreciation rate. When might this person encounter a structural barrier?
9) Now, starting with Wagstaff standard model that is 4.6, draw one of the effects on the model showing how the social determinant predicts a difference in health good demand. (Hint: You can screenshot 4.6 and draw the effect on it and upload that.) Below the image, write four sentences describing the effect – see last paragraph on page 85 for help.
10)
**Using concepts from the chapter,** **(BOLD THE CONSTRUCTS)** how would you describe (no picture necessary) how health demands changed from ONE of the following:
· introduction of GLP1 treatment for obesity
· reduced reimbursement for virtual care visits post COVID, OR
· provision of free vaccinations.
**## Module5Assignments.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Five
The Demand for Healthcare Insurance & Healthcare Services
1) What is Pangloss’ philosophy?
2) Name some ways that the chapter said health information differs, making it complex.
3) Describe actuarially fair insurance.
4) The chapter covered 2 landmark studies: RAND and Oregon experiments. Describe the basic findings of each.
5) List 2 additional ways (besides consumer assumption violations) that the healthcare insurance market differs from the competitive model. Hint – look to the sections with demand graphs.
6) What is the moral hazard of health insurance presented in the chapter?
7) Look up the Leap Frog hospital safety grade rating
[https://www.hospitalsafetygrade.org/](https://www.hospitalsafetygrade.org/) and the CMS Hospital Care Compare of 3 different hospitals
[https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital](https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital) in your area and report their results for safety grade, quality stars and patient rating for quality.
**In your opinion**, does this capture public opinion/ preferences in your area?
8)
**In your own words**, what would your press about the RAND and Oregon studies’ findings say today? Write a few takeaway statements that you believe the public should adopt.
9)
**Do you agree or disagree** with Mark Pauly’s assertion that people are wasting health resources through overinsurance, justifying increasing cost sharing? Explain using or critiquing assumptions from the models.
10)
**Do you** support Broad-Cost Sharing or Targeted like VBID? How does equity play into that support?
**## Module4Assignment1.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Four
**Demand for Health and Its Social Determinants**
1) What are some of the consumer assumptions of the competitive economic model of demand?
2) Describe Grossman’s Model as it relates to the demand for health, production of health stock and a rational person’s role.
3) Why do returns on health production depreciate?
4) Do you agree or disagree with the assumption that more units of medical care produce more health stock?
5) Why does an MEI curve move to the right or left?
6) What is the utility possibility frontier and how is it determined?
7) What are social determinants of health and why do they matter to economics of health production?
8) Choose one social determinant of health presented and describe how it could affect health production capability, and depreciation rate. When might this person encounter a structural barrier?
9) Now, starting with Wagstaff standard model that is 4.6, draw one of the effects on the model showing how the social determinant predicts a difference in health good demand. (Hint: You can screenshot 4.6 and draw the effect on it and upload that.) Below the image, write four sentences describing the effect – see last paragraph on page 85 for help.
10)
**Using concepts from the chapter,** **(BOLD THE CONSTRUCTS)** how would you describe (no picture necessary) how health demands changed from ONE of the following:
· introduction of GLP1 treatment for obesity
· reduced reimbursement for virtual care visits post COVID, OR
· provision of free vaccinations.
**## Module5Assignments.docx**
HCA 6013 Dynamics of Healthcare Markets
Module Five
The Demand for Healthcare Insurance & Healthcare Services
1) What is Pangloss’ philosophy?
2) Name some ways that the chapter said health information differs, making it complex.
3) Describe actuarially fair insurance.
4) The chapter covered 2 landmark studies: RAND and Oregon experiments. Describe the basic findings of each.
5) List 2 additional ways (besides consumer assumption violations) that the healthcare insurance market differs from the competitive model. Hint – look to the sections with demand graphs.
6) What is the moral hazard of health insurance presented in the chapter?
7) Look up the Leap Frog hospital safety grade rating
[https://www.hospitalsafetygrade.org/](https://www.hospitalsafetygrade.org/) and the CMS Hospital Care Compare of 3 different hospitals
[https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital](https://www.medicare.gov/care-compare/?redirect=true&providerType=Hospital) in your area and report their results for safety grade, quality stars and patient rating for quality.
**In your opinion**, does this capture public opinion/ preferences in your area?
8)
**In your own words**, what would your press about the RAND and Oregon studies’ findings say today? Write a few takeaway statements that you believe the public should adopt.
9)
**Do you agree or disagree** with Mark Pauly’s assertion that people are wasting health resources through overinsurance, justifying increasing cost sharing? Explain using or critiquing assumptions from the models.
10)
**Do you** support Broad-Cost Sharing or Targeted like VBID? How does equity play into that support?
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