Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This week's first article was about Medicare Part D coverage and its influence on the acquisition of pharma product by the elderly. When the overhaul

This week's first article was about Medicare Part D coverage and its influence on the acquisition of pharma product by the elderly. When the overhaul was made to Medicare and part d was created, policy makers suggested that there wouldn't be a big enough increase in elderly drug use to justify the spending. Regardless, the authors still noted a decrease in spending overall for prescriptions.

There is a moral conflict in may of the arguments that arise when economists/policy makers question the efficiency of spending in healthcare. I personally believe is the government's job, in this instance, to provide access to prescription medication. While adherence by the patient population may not increase much, that is separate from the same population not being able to have access to necessary care. I'm not sure how we can increase adherence. I've seen small non government programs where family members are incentivized to make sure their elders are following the prescribed regiment. Maybe that is an option that could still result in decreased spending but also a desirable level of

(respond to this discussion 1 paragraph)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Theory And Practice

Authors: Eugene F. Brigham, Michael C. Ehrhardt

10th Edition

0030329922, 9780030329920

More Books

Students also viewed these Finance questions

Question

Describe ERP and how it can create efficiency within a business

Answered: 1 week ago