Problem
Health economics helps health managers focus on key issues and gives health managers ground rules for strategic decision making, a framework for thinking about values and costs. While medical care is "different," standard economic analysis still offers much useful insight and analytic structuring. On the demand side, for example, the "human capital" approach offers a way to move from the demand for "health" to the demand for medical care. On the supply side, we must account for the incentives and motives of not-for-profit suppliers in some cases. And in the demand for insurance, we must account for the effect of insurance on medical care use in a specific way.
What does health economics study specifically? Some people say: "Medical care is so special that normal economic forces don't apply." Does one agree? Give Comments and Examples.