Chat with us, powered by LiveChat WHAT ECONOMIC AND SOCIETAL FACTORS AFFECT THE DEMAND AND PRICING OF HEALTHCARE SERVICES IN TODAYS HEALTH INSURANCE MARKET? | Writedemy

WHAT ECONOMIC AND SOCIETAL FACTORS AFFECT THE DEMAND AND PRICING OF HEALTHCARE SERVICES IN TODAYS HEALTH INSURANCE MARKET?

WHAT ECONOMIC AND SOCIETAL FACTORS AFFECT THE DEMAND AND PRICING OF HEALTHCARE SERVICES IN TODAYS HEALTH INSURANCE MARKET?

You are a member of a presidential commission appointed to consider a mandatory national health insu Show more You are a member of a presidential commission appointed to consider a mandatory national health insurance plan and the question of how to fund the plan is being discussed. Specifically three separate options are being considered to generate an average of $4000 per workera flat mandatory premium a doubling of the current 7.65% payroll tax that comes out of peoples pay to cover social security and Medicare and a 7% increase in income tax. Think about funding plans from the perspective of three workers: One who makes $25000 per year One who makes the same in salary but also has $1000 in investment income One who makes $85000 per year including $10000 in investment income Based on the above scenario answer the following questions: Which of the three funding measures considering the relative financial contributions it imposes on individuals such as these would you support and why? How has the emergence of different types of health insurance plansFFS health maintenance organizations (HMOs) preferred provider organizations (PPOs) and capitationaffected the trends in healthcare services today? What economic and societal factors affect the demand and pricing of healthcare services in todays health insurance market? Include references please and thank you. Show less

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