Health Insurance and the Labor Market
1. Analyze the implications of adverse selection in insurance markets that contain information asymmetry and community ratings. Justify your response.
2. Analyze the primary ways in which analysts may use a model of the labor market to explain wage and employment figures for healthcare workers. Propose the main ways in which health status affects workers' compensation overall. Provide at least one example the model in use to support your response.
3. Evaluate the efficacy of major types of health clinical outcomes one can use in economic evaluation analysis. Provide at least one example to support your response concerning clinical outcomes (e.g., infant mortality, average longevity, leading chronic disease, etc.) that one can use in order to conduct economic evaluation.
4. From the e-Activity,( Visit the United States Department of Labor website. Review issues and trends in Patient Protection and Affordable Care Act impact on labor issues in the United States.) compare and contrast alternative healthcare delivery arrangements in terms of their efficiency. Determine the primary ways in which an established market for health insurance can be efficient, especially when individuals carry less than adequate medical insurance coverage. Provide a rationale for your response.
5. Defend the primary alternative sources of healthcare funding in the United States. Analyze the main effect on the resource owner of the following means of financing healthcare: insurance premiums. Provide at least one example which illustrates the selected effect to support your response.
6. Analyze the key types of policies required for the delivery of a public health insurance program, and hypothesize their main effects on the achievement of social goals overall. Provide at least one example of such effects to support your response.