Health Care Economics Essay Example

Health Care Economics Paper Almost all current factors influencing health care, such as, increasing medical care service demand, pharmaceutical prices, medical care organizations’ competition and medical care experts’ remuneration,   involve economics. Absence of comprehension regarding fundamental economic standards leads to erroneous decision-making by making persons develop opinions on the basis of feelings and feelings as opposed to logical economic standards (Schafermeyer, 2000). The health care structure in America to some extent represents the principles, aims, and beliefs found in free-market industrialist financial systems governed by contention. We will write a custom essay sample on Health Care Economics specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Health Care Economics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Health Care Economics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Physicians’ competition occurs locally for principal care doctors and amongst specialists on broader geographical extents. Medical doctors and associated practitioners also do compete, for instance, between optometrists and ophthalmologists as well as between psychologists and psychiatrists. Administered care arrangements depict lesser medical care service (tests and hospitals) utilization. Physician conduct is one factor affecting medical care and thus competition as well occurs in location, professional conduct plus waiting duration. The conduct of big urban plastic surgeons, for instance is significantly different compared to country pediatricians’. Therefore, demeanor is linked with health care options, costs, payments, and services. Demeanor is as well linked to state public medical care funding and physician education (Fisher, 2006). The economic law that states that a demand curve slopes downwards is probably the most fundamental of economic principles. It implies that demanded quantity decreases with increasing commodity prices. Demand curves have commodity prices on the perpendicular axes, commodity quantities on horizontal axes, and negatively inclined lines illustrating the relationship between the two entities. Other factors influence commodity demand with Income being probably the most apparent factor in general. Regarding health care, another key aspect is persons’ health condition. Reduced health Care is demanded when health conditions improve. Elevated revenue moves demand curves away from the origins for normal commodities, and reverses to the origins for inferior commodities. Improved health moves demand curves back inwards (Fisher, 2006). Reports regarding a vicious fresh influenza will lead to increased flu medication demand, thus making demand curves shift outwards. This implies that increased flu medication is needed compared to previous figures for every price. Flu medication demand also demonstrates seasonal patterns by moving outwards with the approach of fu periods. Alternatively, many health services’ demand curves sift outwards with Age. Outward demand curve movement implies that, for whatever price stage, there is increased demand following shifts as compared to demand levels at such prices prior to the movement. Demand curves shift as a   reaction to entities different from price, or, as a reaction to factors influencing demand that are not explicitly represented on a single of the graph axes. Such movement is referred to as demand change. Following price change, movement is made from a single demand curve point to a different same curve point. This implies movement happens the length of such curve, however, the curve position, in relation to axes, remains constant. Such an alteration is called demanded quantity change. Therefore, price changes leads to demanded quantity changes and changes in other factors, causing demand curve shifts, leads to demand alteration. Learning the behavior of demand when one decisive factor is altered is vital. Elasticity is a standard responsiveness measure. Commodity price demand elasticity is calculated as a proportional alteration in demanded quantity divided by the proportional price alteration that led to the demanded quantity modification. Since demanded quantity and price are always inversely proportional, own-price demand elasticity always is negative. A minus (-) 3 elasticity implies that a 1% price elevation leads to a 3% demanded quantity reduction (Greenberg, 2002). Demand is regarded as being elastic when own-price demand elasticity is bigger than 1 in total values. Alternatively, when own-price demand elasticity is smaller than 1 in complete value, such demand is regarded as being inelastic. With demand elasticity amounting to minus (-) 1, such demand curves are said to depict unit elasticity. Linear demand curves, having constant curve slopes, have elasticity changing with movement along the demand curves. With extremely low prices, demand becomes inelastic; high prices depict elastic demand. Starting with extremely reduced prices, thus large demanded quantities, and raising such prices, shifting upwards and towards the left along demand curves, demand elasticity progressively shifts from inelastic towards elastic, intersecting at the curve midpoint. Such point’ demand elasticity becomes unitary (Ferguson, 2002). Calculated commodity demand elasticity thus depends on the prices where such calculation was done. High prices lead to increased demand elasticity, although commodity nature remains constant. However, Consumer reactions to price alteration do change; increasing prices makes consumers increasingly responsive to additional alterations. Demand elasticity also influences commodity nature. General doctors’ services demand is very elastic (approximately -0.2) in America. Demand for a specific doctor’s services is much more, (approximately -3.0). The disparity arises due to the fact that for particular physician services, generally additional alternative supply sources are available, as compared to general physician services. Visit demand generally is quite inelastic, however specific physician’s visit demand is somewhat extra elastic owing to presence of different supply sources like walk-in hospitals and crisis rooms (Fisher, 2006). User charges imposed on every office-category visits have comparatively little influence on demanded quantity, however, charges imposed on office-category visits to crisis rooms have greatly bigger influence as regards minimizing demanded quantity since3 it prompts persons to adjust from looking for assistance at crisis rooms and seek such from different sources.

Free Essays on West Nile Virus

Just outside New Orleans, in the suburb of Jefferson, Jeanie Knesel is fretting about her grandon’s penchant to attract bugs. [†¦]. It’s the West Nile virus, carried by mosquitoes and blamed for a frightening cluster of recent deaths and illnesses, that has the 51-year-old grandmother concerned about 5-year-old Brandon, who lives with her (Lok 1). Those worries that Jeanie Knesel has are not uncommon among people today. The West Nile virus affects the people that the disease infects as well as the family’s of these people. The West Nile virus is still farley new to the United States so there is still a lot of things people don’t know about this mosquito carrying disease. Without question, the West Nile virus can have a devastating effect on anyone’s life. The West Nile virus is a disease that infects different animals like birds, horses, and dogs. This virus also affects humans by sometimes giving them encephalitis (â€Å"What you should know about West Nile Virus† 1). Mosquito bites is how the West Nile virus is carried. These blood sucking creatures continue to carry the virus and broaden the territory more and more each year (â€Å"West Nile virus† 1). Not all mosquitoes carry the virus. Only the mosquitoes who are infected with the virus can harm animals and people. The only way the mosquito gets the virus is if the mosquito bites a bird who is carrying the West Nile virus (â€Å"West Nile Virus Symptoms, History, and prevention of the West Nile Virus† 1). The West Nile virus can also be spread another way and this is by organ transplants and infected blood transfusions (â€Å"Questions and Answers About West Nile Virus† 1). This way of getting the West Nile virus is very unlikely considering the fact that so many test are done on the blood before being transferred from one person to another. The virus usually stays in humans for a period of five to fifteen days (â€Å"West Nile Virus Symptoms and Care† 3). Egypt, Isra... Free Essays on West Nile Virus Free Essays on West Nile Virus Just outside New Orleans, in the suburb of Jefferson, Jeanie Knesel is fretting about her grandon’s penchant to attract bugs. [†¦]. It’s the West Nile virus, carried by mosquitoes and blamed for a frightening cluster of recent deaths and illnesses, that has the 51-year-old grandmother concerned about 5-year-old Brandon, who lives with her (Lok 1). Those worries that Jeanie Knesel has are not uncommon among people today. The West Nile virus affects the people that the disease infects as well as the family’s of these people. The West Nile virus is still farley new to the United States so there is still a lot of things people don’t know about this mosquito carrying disease. Without question, the West Nile virus can have a devastating effect on anyone’s life. The West Nile virus is a disease that infects different animals like birds, horses, and dogs. This virus also affects humans by sometimes giving them encephalitis (â€Å"What you should know about West Nile Virus† 1). Mosquito bites is how the West Nile virus is carried. These blood sucking creatures continue to carry the virus and broaden the territory more and more each year (â€Å"West Nile virus† 1). Not all mosquitoes carry the virus. Only the mosquitoes who are infected with the virus can harm animals and people. The only way the mosquito gets the virus is if the mosquito bites a bird who is carrying the West Nile virus (â€Å"West Nile Virus Symptoms, History, and prevention of the West Nile Virus† 1). The West Nile virus can also be spread another way and this is by organ transplants and infected blood transfusions (â€Å"Questions and Answers About West Nile Virus† 1). This way of getting the West Nile virus is very unlikely considering the fact that so many test are done on the blood before being transferred from one person to another. The virus usually stays in humans for a period of five to fifteen days (â€Å"West Nile Virus Symptoms and Care† 3). Egypt, Isra...

Palliative Care Term Paper Example | Topics and Well Written Essays - 1500 words

Palliative Care - Term Paper Example In order for an individual to have a better experience, a holistic approach should be taken by the medical staff. The therapeutic intervention by nurses should address the following parameters; psychosocial, physical, cultural and spiritual. Several studies have been carried out that showed that nurses at times are unaware of the above mentioned parameters and are unable to entirely meet the needs of the patients (Aziz et al., 2012). Nurse Patient Relationship Evidence has been found that at times the patient’s quality of life may continue to deteriorate despite the fact that they have been admitted to palliative services early on in their illness. It was however discovered that the relationship between the nurse and the patient was the determining factor in the improvement of patient’s quality of life. This factor was found to create trust ad better communication between the two individuals (Aziz et al., 2012). The first aspect of palliative care that nurses should add ress is establishing trust with palliative care patients and their families in order to alleviate and reduce their worries towards the inevitable outcome of their terminal illness. Patients who are suffering from terminal illnesses often present certain symptoms of distress. However, these symptoms need specified management between each patient and this can be largely dependent on the cultural and religious views. These have been found to adversely affect the severity and nature of the symptoms if they are not addressed properly (Aziz et al., 2012). A nurse can familiarize herself with these aspects by better communication with the patient (Mok & Chiu, 2004). Despite the necessity to maintain professionalism, at times a nurse has to place the needs of a patient before her professional opinion .(Boog & Tester, 2008).Autonomy enables a patient to decide his or her medical care, and hence gives him the ability to refuse treatment. The intimate detail of this procedure may be altered de pending on the dynamics of the patient’s family (Boog & Tester, 2008). The nurses also have to address the emotional and physical burden that is placed on the patient’s family (Mok & Chiu, 2004). They need to create a supportive system which is addressed towards both the patient and his or her family. This has been found to be more effective by adopting good listening and communication skills. A study that was carried out showed that palliative care patients have a better quality of life when they are viewed as people separate from their terminal illness (Boog & Tester, 2008). The evident from this survey also states that the dying process can be made more bearable for the patient, family members and caregivers by nurses implementing the above mentioned attributes of palliative care (Aziz et al., 2012). In depth analysis of holistic palliative care Costello estimated that approximately one million people die every week. These figures further emphasize on the importance of palliative care in the community. The initial principles of palliative care emphasize on the care for any individuals facing the end of life. Therefore, these principles have been based on holism and looking at each individual as a whole unique entity. The model for this type of palliative care is known as the whole person care model and is popular among nurses worldwide. As mentioned above, this model creates a healing and nurturing environment which enables each individual to be