5. What is the impact of healthcare price controls and global budgets on the rest of the American economy? (

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Homework 1 essay questions

70 words each

1. In what ways, if any, are nonprofit hospitals different from for-profit hospitals? (Ch. 15)

2. What is the likely response of hospitals when only one hospital is in a market, compared with their response when ten hospitals are competing for a large employer’s employees? (Ch. 16)

3. What is the outlook for hospital cost increases? (Ch. 17)

4. How does cost shifting differ from price discrimination? (Ch. 18)

5. What is the impact of healthcare price controls and global budgets on the rest of the American economy? (Ch. 19)

Suggested Reference: Feldstein, P. J. (2018). Health Policy Issues: An Economic Perspective, Seventh Edition. Chicago, IL: Health Administration Press.