HA415M1-1: Demonstrate an understanding of the relevance of economic concepts within the healthcare sector.
Cost and affordability are important factors in the successful delivery of healthcare to the people of this country. Economics can offer a framework to study the implications of individual decision making and help define the alternative mechanisms available to improve resource allocation. Sound policymaking is based on sound economic principles applied in a sensitive and uniform manner. Lessons can be learned from basic economics lessons about human behavior and the way individuals make decisions, respond to incentives, interact with each other, and about the efficient allocation of scarce resources.
Describe trends in the costs of care for treating at least three diseases or conditions. Examine the burden of health care costs on businesses and governments and the extent to which Americans can afford needed care. Analyze trends in the efficiency of care delivery and the competitiveness of the delivery system and the key factors in keeping costs down.
Writer describes trends in the costs of care for treating at least three diseases or conditions.
Writer examine the burden of health care costs on businesses and governments and the extent to which Americans can afford needed care.
Writer analyzes trends in the efficiency of care delivery and the competitiveness of the delivery system and the key factors in keeping costs down.
Minimum Submission Requirements
If work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned without being scored.
Plagiarism is an act of academic dishonesty. It violates the University Honor Code, and the offense is subject to disciplinary action. You are expected to be the sole author of your work. Use of another person’s work or ideas must be accompanied by specific citations and references. Whether the action is intentional or not, it still constitutes plagiarism.
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