Posted: September 16th, 2015

Demand & Supply for Medical Care

Demand & Supply for Medical Care
Review Chapter 6 and 7 and answer the following discussion questions:

a) Why should the concept of need not be the sole determinant of the demand for medical care?

b) How do you see the implications of Supply and Demand theory show up in your company’s (Deloitte) strategies?

c) Thinking outside the box, what types of changes could we make that would make health care cheaper?

d) If health care is cheaper, who benefits and how do they benefit?

e) Do you agree or disagree with the author’s conclusion as to the reason why health costs have not declined? Why?

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