{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

2. What is Health Economics(1)(1)

2. What is Health Economics(1)(1) - Why Health Economics...

Info icon This preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Economics of Healthcare – ECO 381 August 30, 2011 Professor Pinka Chatterji Why Health Economics?
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Outline What is health economics and what types of questions do health economists seek to answer? Why is the health sector relevant? Does economics apply to health and health care? Is health care different? Health and health care from an economist’s perspective What does this mean in the real world?
Image of page 2
Outline What is health economics and what types of questions do health economists seek to answer? Why is the health sector relevant? Does economics apply to health and health care? Is health care different? Health and health care from an economist’s perspective
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
What is Health Economics? Application of microeconomic tools to health issues and problems. (Santerre & Neun, 1996) Largely an empirical, policy-oriented field of economics.
Image of page 4
Health Economics Questions From recent issues of the WSJ and the NY Times: Does posting nutritional information in restaurants improve the healthfulness of customers’ choices? (health labels will become law soon!) How will the passage of health care reform in March 2010 affect small businesses? Why does health care for the average Medicare patient cost nearly twice as much a year in New Jersey, at $8,076, as it does in Hawaii, at $4,529?
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Health Economics Questions Titles of papers from recent issues of the Journal of Health Economics: What should (public) health insurance cover? (Hoel, 2007) Do religious nonprofit and for-profit organizations respond differently to financial incentives? The hospice industry (Lindrooth & Weisbrod, 2007) Child health and the income gradient: Evidence from Australia (Khanam et al., 2009)
Image of page 6
Outline What is health economics and what types of questions do health economists seek to answer? Why is the health sector relevant? Does economics apply to health and health care? Is health care different? Health and health care from an economist’s perspective
Image of page 7

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Why is the health sector relevant? Size of the contribution of the health sector to the overall economy (more details to follow…) Large and rising as a percentage of GDP High relative to other countries High proportion of personal spending
Image of page 8
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern