HCS 440 Week 1

Week 1

Individual Economic Terms and Health Care History

Resource: Economic Terms and Health Care History grading criteria on the student website

Complete the Economic Terms Exercise in Week One of the student website.

Write a 700- to 1,050-word paper in which you include the following:

Describe the history and evolution of health care economics and the timeline of health care funding, using the defined terms.

Include two outside resources.

Format your paper consistent with APA guidelines.

Submit your paper and a copy of the completed exercise to your facilitator.

Discussion Questions

Most people feel health care is priceless; however, health care comes with a steep cost. What factors must be considered when looking at the true cost of care? Remember to support your response.

What is a demand curve? Provide an example of a demand curve in health care. How could this example affect the economics of health care? Remember to support your response.

What part of the health care reform package do you think will be most beneficial to the consumer?