Case take in 3Where FDA approves selling Claritin over the coming back hence most users go forth substitute turnaround similar allergic reaction drugs for Claritin thereby increasing its snatch . Where indigence increases while fork turn out remain continuous then charges go out increaseUsers with health grizzle lead not replace their spending on Claritin as the constitute of the drug is borne by insurer and therefore all price changes entrust not affect their decision . For users of other prescription(prenominal) allergy remedy they are likely to change to apply Claritin as they depart now not profits medical examination examination charges to doctors therefore lowering on their medical costCase study 4Where the reimbursement position of Medicare long-suffering is cut back then more weed volition shif t toward being una sworn statemented unhurried . The lesson of such shifting to individual(a) long-sufferings can be indicated in the submit shown blowDemand supply graphical record for private patient ofpriceD1 and S1 represent the initial demand and price while Q1 represent the initial chemical correspondence quantity . When the reimbursement rate is decrease then more hoi polloi will shift therefore causing demand for private patient to shift outward to d2 .
The original number of private patient attending increase from Q1 to Q2 while price increases from P1 to P2The lay out of a decrease in reimburs ement rate on medical patient can be illustr! ated below Demand graph for Medicare patientThe original cost of Medicare is p1 with quantity consumed being Q1 When the rate of reimbursement is reduced which translate to a higher price P2 then consumers will react by reducing the amount of service use of goods and services from Q1 to Q2 .Due to this shifting some of the fixed costs apportioned to Medicare patient require to be shifted to private patient since their number will increaseCase study 5Health insurance got through employment creates more demand unlike for individual...If you want to get a full essay, vow it on our website: OrderCustomPaper.com
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