How the us healthcare market deviates from truly competitive

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Discussion Post: Leader Vs. Manager

How the US healthcare market deviates from a truly competitive market. You may have heard that the US has an "imperfect" market, which essentially means that the traditional law of supply and demand that a competitive market exhibits, is not always present in our healthcare system. This is further explained in the "Economics of Healthcare" chapter which was assigned to you for readings. For this discussion, state 2 or 3 of the market conditions exhibited by the US healthcare system and explain how it deviates from the traditional supply and demand models we are familiar with in a competitive market. Preferably, I would like you to use real-world examples from your clinical or personal experience (ICU nurse). This is how we learn best when we apply the concepts learned in our studies. I try to use active learning pedagogical tools whenever possible.

Reference no: EM133693184

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