You just started working as a Health Service Manager within one of the following health care industries. First choose an industry below to discuss the questions that follow:
Your boss has asked you to write a memorandum detailing how the demand for your product(s) is impacted by various economic factors. In writing your memo, be sure to include your name and in the subject line identify the health care entity you chose above. In order for your boss to easily review your memo, please include section headers to correspond to the questions below.
Answer the following questions relying primarily on the course readings and other resource material presented in this class (do not cite any other outside sources).
In this evaluation, be sure to identify:
1) Economic Theory Through Applications- Chapter 5.3 Avoiding Risk (p. 155-167)
2) Economic Theory Through Applications- Chapter 5.4 Embracing Risk (p. 168-177)
3) Economic Theory Through Application: Chapter 16.2 Health Insurance (page 718-729)
4) “Consumer Demand for Health Insurance” http://www.nber.org/reporter/summer06/buchmueller.html