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During the COVID-19 pandemic, the demand for almost all non-COVID healthcare has fallen dramatically. To help stimulate demand, one strategy that healthcare organizations can take

During the COVID-19 pandemic, the demand for almost all non-COVID healthcare has fallen dramatically. To help stimulate demand, one strategy that healthcare organizations can take is to lower the out-of-pocket price that consumer pay for healthcare services. Do you think this strategy will be effective for all healthcare services though?

Specifically,

  1. do you think demand will increase more for a routine dental visit or urgent care services if the price of both decreases by 10%?
  2. do you think the demand will increase more for cosmetic surgery or diabetic care if the price of both decreases by 10%?

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