ASSIGNMENT: Healthcare Economics

Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be cited in APA format. Your response should be four double-spaced pages; refer to the "Format Requirements" page for specific format requirements.

You will be asked to create a broad picture of the many facets of healthcare economics. First, you will be presenting reflective insight into the overview of this discipline and you will provide information on the following topics.

Part A Introduce the topic of healthcare economics by providing the following information.

1. Provide a broad description of its definition, evolution, present day status, and future direction.

2. Include the goal and/or overarching themes of healthcare economics.

Part B Provide a detailed description of supply and demand in the health care industry including the following information.

1. Describe supply and demand facets in the healthcare domain with an emphasis on influential factors, health capital, and market efficiencies. Include information about health insurance and associated costs.

2. Provide a clear and comprehensive rationale about how the relationship of economics and healthcare evolves.

Part C Provide a clear and comprehensive description about health insurance markets. Include in your discussion how insured, uninsured, and underinsured individuals obtain and maintain health insurance coverage and services.