Deals with the theory of economic regulation

Assignment Help Operation Management

Reference no: EM132214562

This question deals with the theory of economic regulation. Imagine there are 4000 primary care physicians in the state of Lincoln. They oppose changes to scope of practice regulations currently being debated in the legislature that would bring new increased competition from non-MD providers (changes that would allow nurse practitioners to practice independently). It is expected that these changes would reduce physician incomes by $10,000 and reduce health insurance premiums by $10 for each of the state’s 4 million residents a. Discuss the impact of the policy change on the average primary care physician and resident of Lincoln and the aggregate impact on the two groups. b. Based on the theory of economic regulation what action would you expect from the state’s legislature. c. What is the purported public interest argument in favor of scope of practice regulation. Assess the validity of these concerns in this context.

Reference no: EM132214562

Questions Cloud

Care and courtesy and conventions : You will be graded on the professionalism of your letter adhering to the elements discussed in class: care, courtesy, and conventions.

Create a handout to educate the employees : You have been asked by your employer to create a handout to educate its employees on the benefits and requirements of health insurance.

Some authors feel that globalization has reached deadlock : Some authors feel that globalization has reached a deadlock, that due to uncertain economic conditions, worldwide, it has stalled in terms of growth.

Which major employment laws do you find the most interesting : There are many employment laws to discuss and review this week. Let's look at these laws from your point of view. Which of the major employment laws.

Deals with the theory of economic regulation : This question deals with the theory of economic regulation. Imagine there are 4000 primary care physicians in the state of Lincoln.

Based on five forces analysis : Based on Five Forces Analysis, how ‘attractive’ is the U.S. soft drink industry? (overall ease of making profits in this industry in general)

The bank needs from each major operational area : What information the bank needs from each major operational area (accounting, finance, information systems, management, marketing, operations, etc.

Defining feature of direct contract model : The defining feature of a direct contract model is the HMO contracting directly with a hospital to provide acute services to its members.

Sufficient plan in place to manage crisis : Chipotle did not seem to have a sufficient plan in place to manage a crisis. That said, discuss ONE thing that Chipotle did right?

User Account

All Pages