Tag: health-economics

Market failure in health economics often leads to suboptimal outcomes. Delve into the hidden challenges it poses and potential solutions.

Inelastic demand means some healthcare needs remain unchanged despite cost. Understand how this shapes economic strategies in healthcare provisioning.

Marginal cost is crucial for decision-making in health economics. Explore its significance in assessing healthcare services' efficiency and pricing strategies.

Cost-effectiveness analysis is essential for balancing healthcare costs and benefits. Dive into its methods and impact on resource allocation decisions.

In health economics, adverse selection can create serious challenges. Learn how it affects healthcare plans and impacts costs both for insurers and patients.