Discuss the below:
Analyze the effect of various components of health services, i.e. physician services, managed care, health insurance, etc. on the health care economy
Create a 4 pages APA
• How do providers influence the decisions that patients make? What type of decisions do patients make as a natural consequence of the influence from providers and physicians?
o Consider the provider setting, treatment type, and method of reimbursement when formulating a response.
• How are insurance plans (including government payers) impacted by the decisions that patients and their doctors make?
o Consider supply and demand concepts when formulating a response.
• How are physicians and patients regulated by government?
o Describe how the regulatory environment will impact the health care economy when formulating a response.