Section 1
Introducing Health Care Economics
Defining Health, Health Care, and Medical Care
Health care economics is a segment of economic study pertaining to the value, effectiveness, and efficiency in health care services.
Where a Dollar Spent on Health Care Goes: Introducing the Inputs to Health Care
Health care has many inputs and a variety of incumbents, namely insurance providers, administrators, governments, and pharmaceuticals.
Different Health Care Systems Around the World
Health care systems differ from nation to nation depending upon the level of economic development and the political system in place.
Externalities in the Health Care Market
Health care can impact people beyond the person receiving and the person providing the care, causing positive and negative externalities.
Current Issues in Health Care
Current issues in the U.S. health care system largely revolve around the significant policy changes resulting from the Affordable Care Act.