Identify describe the current state of the health care industry or a particular segment of the healthcare industry using the Microeconomic concepts and tools we have studied this semester.

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Identify describe the current state of the health care industry or a particular segment of the healthcare industry using the Microeconomic concepts and tools we have studied this semester.
October 9, 2020 Comments Off on Identify describe the current state of the health care industry or a particular segment of the healthcare industry using the Microeconomic concepts and tools we have studied this semester. Uncategorized Assignment-help
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Please read details carefully. This is a 2 part assignment. This is a discussion post. The first page is the discussion due wed Oct 14 and the second page will be an answer to a follow up question from the instructor regarding the first page and 2 responses to classmate’s discussions. I will need the first page first. The second page (due Saturday Oct 17) can come after I provide you the instructor’s follow up question and the 2 discussion posts from classmates that I must respond to.

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Page 1
Identify describe the current state of the health care industry or a particular segment of the healthcare industry using the Microeconomic concepts and tools we have studied this semester. You will find an overview of the economics of health care in chapter 30 and a discussion of Medicare in Chapter 5. For this week, you will want to supplement this reading with research from a newspaper or newsmagazine or from a reputable online source that deals with U.S. Healthcare.
For this week your post should:
1. List the pros and cons related to the current system in place in the United States along with a short explanation of health insurance and how it relates to this debate.
2. Apply either supply and demand analysis (week 2 material) or elasticity analysis (week 3 material) or the examination of market structures (weeks 4-5 material).
3. Develop your own solution to this social issue, but you must understand and explain the economic costs of your decision.
Hint: You may want to compare healthcare systems in other countries.
Note: Do not duplicate an example in the text, lead post or a selection from one of your classmates or you will be asked to re-post.

You need at least TWO sources. One source MUST come from text book: Miller, Roger LeRoy. Economics Today with access to MyEconLab. 19th ed, New Jersey: Pearson, 2017