Question
According to the American Diabetes Association it is essential that individuals with diabetes receive frequent tests of their hemoglobin A1c levels, regular screenings for eye,
According to the American Diabetes Association it is essential that individuals with diabetes receive frequent tests of their hemoglobin A1c levels, regular screenings for eye, foot, and kidney complications, and timely immunizations in order to prevent complications from diabetes.Many individuals with diabetes do not receive the recommended amount of preventive care.Given the behavioral hazard findings and the fact that some of the health care costs of diabetes will be borne by society, this means an argument can be made that these types of visits should be subsidized.Use the externalities framework to determine the optimal subsidy for these types of visits.Explain in words and graphically.
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