Discussion Post: Evaluating Economic Trade-Offs In Healthcare Sector
• Why do we care that health care spending is growing faster than growth in the overall economy as measured by GDP?
• What are the unique characteristics of health care sector that creates inefficiencies in the market.
• In general, what two metrics would you use to evaluate trade-offs of spending more on health care vs. other non-health care goods. Elaborate on each metric.
• From a government (policymakers) perspective, apply these two metrics to excessive health care spending.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.