Question
Please discuss If health care a regular or special commodity/market? Please use a table (as shown in the question) to briefly discuss the differences (if
Please discuss "If health care a regular or special commodity/market?
Please use a table (as shown in the question) to briefly discuss the differences (if there is any) of all aspects in the list.
Since it is a debate exercise, please present ideas/stance and examples from both sides of perspective.
Is Health Care a regular or special commodity/market?
Health is nothing different from Other goods Health is a special good and we need to treat it differently
Suggested topics to be discussed and debated:
1. Are there unique or special characteristics of health care that make it different from other commodities or markets? Or there is nothing different in health care from others.
2. Could general economic principles be applied to Health Care? Please raise examples and discuss how they work, or why they could not work.
3. Are there government interventions in health care finance? Should they exist or not? What are types and levels of government interventions in health care finance? Were those also applied to other commodities or markets? Please raised examples and discuss.
4. Should government be involved in intervening the delivery and distribution of health care services and resources aside from the free-market (invisible hand) approach? What are types and levels of government interventions in health care delivery/distribution? Were those also applied to other commodities or markets? Please raise examples and discuss "why" and "why not?"
5. In general, what level of government intervention in the market do you think reasonable? Is there any difference between health care and all other industries?
6. Stepping aside from your debate stance, is there any other alternative way in managing health care services to make the finance, service delivery and resource allocation more efficient and effective?
Step by Step Solution
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Step: 1
Answer Aspect Health Care as Regular Commodity Health Care as Special Commodity Characteristics Supply and demand dynamics apply similarly as other commodities Unique characteristics such as inelastic ...Get Instant Access to Expert-Tailored Solutions
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Step: 3
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