Give an example of a healthcare circumstance in which both public and private regulation are present. Which serves the consumers better and why?Explain

Discussion

1. Markets and government regulations are both needed to provide healthcare goods and services effciently and effectively. Do you agree. Justify your answer.

2. Give an example of a healthcare circumstance in which both public and private regulation are present. Which serves the consumers better and why?

3. Assuming you are the manager of a company, how could you use behavioral economics to increase the number of insured employees in your firm?

References

Lee, R. H. (2019). Economics for healthcare managers. Chicago, IL: Health Administration Press.

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