What are the three parts of the iron triangle? Explain why it is called the iron triangle.

Q: How much is deducted each month from his paycheck for medical insurance?

A: Annual insurance payment by Company = 3,300 x 80% = 2,640 Annual insurance payment by David = 3,300…

Q: Suppose that for a given good demand increases and supply decreases at the same time. If demand…

A: In a market, a simultaneous change in demand and supply have a greater impact on market equilibrium…

Q: A PPF is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping…

A: A production possibility frontier (PPF) represents the possible combinations of maximum outputs an…

Q: How would you explain the current precarious state of the NHS?

A: The National Health Service (NHS) is a publicly funded health system in the United Kingdom and is…

Q: Alex contributes 23% of the total cost of her individual health care coverage. She pays $52…

A:

Q: What is the relationships between economics, legislative changes, and policies and how these…

A: Economics is a subject matter that focuses on the rational management of scarce resources that have…

Q: How does Health Service Organization (HSO) control patient costs? What is the percentage breakdown…

A: related to Health Service Organizations (HSOs) and how they control patient costs the percentage…

Q: Why are the various forms of e- and m-commerce important in health care? Be sure to include the…

A: E-commerce is determined by the performance of business activities with the usage of the internet.…

Q: In 3-4 pages in APA style making sure to provide citations and references with peer reviewed…

A: Affordable Care Act (ACA):The Affordable care Act, often referred to as Obamacare, is a…

Q: Is Healthcare like any other commodity

A: Healthcare is one of the industries of service sector that provides facilities related to health…

Q: What differentiates for-profit and nonprofit healthcare organizations financially

A: This can be described as the concept that shows the ultimate or final gain of an individual or…

Q: Why would payers want to add shared savings components to PMPM or enhanced FFS payments to primary…

A: FFS is the medical care installment model where doctors and clinicians are paid in light of the…

Q: Explain why the percentage of all money paid to hospitals “out of pocket” is much smaller than the…

A: The given question is following: - We have to explain why the percentage of all money paid to…

Q: Why is healthcare fraud is a big problem in the U.S. economy?

A: Health care fraud is one type of crime which is claiming of insurance by providing false information…

Q: Please answer the following questions thoroughly 1) What is the purpose of deductibles and…

A: Deductibles and coinsurance are tools insurers use to manage risk and control costs while providing…

Q: What is the relationship between hospital consolidation and prices? Why? What about between hospital…

A: What Is Hospital Consolidation?  Solidification in medical care incorporates mergers, acquisitions,…

Q: Is Effective payment model a challenge in the healthcare system today

A: Yes, the effective payment model is a challenge in the health care system today.

Q: The difference between retrospective versus prospective reimbursement is that:   a. Prospective…

A: Retrospective Payment Framework A framework wherein repayment is made to the supplier dependent on a…

Q: Select and analyze 1 determinant of health within the concept of its impact to the U.S. healthcare…

A: Growth in the economy necessitates a healthy population. Healthier individuals are more effective at…

Q: In a typical competitive market (not in health care), how does competition work to promote the…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Different reimbursement approaches/strategies involve more or less risk for health care providers…

A: Reimbursement approaches/strategies are the methods by which healthcare providers are compensated…