Eco/Hc561

ECO/HC561 ECONOMICS IN HEALTH CARE

Start Date: 01/04/2011

COURSE DESCRIPTION

This course applies economic concepts to make health care management decisions. Students employ the concepts of scarce resources and opportunity costs to perform economic analysis. Other topics include demand management, concepts of efficiency, production and distribution of health services, regulation and reimbursement, incentives in health care, macroeconomic policy (including money), and international health markets.__________________________________________________

Week 3 - Topic 1: Cost Concepts & Consumerism in Health Care

Objectives

* Evaluate consumerism in current health care delivery.

* Analyze relationships between risk and return.

* Determine production levels utilizing the concept of economies of scale in health care.

* Explain the financing means and burdens of health care in the United States.

Week 3 Assignments

Learning Objectives

See Week 3 objectives listed in the eResource Course module.

Required Reading

See Week 3 required readings listed in the eResource Course module.

Assignments

1. Cost & Consumerism Presentation

·Select one of the following options to prepare an 8- to 10-slide* Microsoft® PowerPoint® presentation with grammatically correct speaker’s notes:

o A single 23-year old female, generally healthy, who does not have a history of smoking or drinking, and is pregnant with her first child

o A 55-year old male, former smoker, who has recently learned he has lung cancer

o A 10-year old male finds out he is diabetic

o A 60-year old female suffers from severe chronic arthritis

*Please note Title page, reference page and certificate of originality do not count toward slide count

Discuss the person’s story as if he or she:

· Has no insurance

· Public health insurance

· Private health insurance

· Employer-provided health...