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Explain the general link between system structure, performance, and policy. Using the Grossman model, discuss what happens to the demand for health and the demand
- Explain the general link between system structure, performance, and policy.
- Using the Grossman model, discuss what happens to the demand for health and the demand for medical care when the price of medical care (Pm) increases.
- Briefly answer the following questions regarding the U.S. healthcare system.
- Difference between conventional health insurance and managed care (discuss the type of insurance offered and reimbursement structure)
- Difference between Medicare and Medicaid (include a discussion on how each is financed)
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