Final analytical paper Assignment Example | Topics and Well Written Essays - 2250 words

Final analytical paper - Assignment ExampleThe supply and demand for hospital c be in the United States is abnormal by several factors. For instance, plentys individual income and preferences affect their demand for hospital care. It is well established that shortage of physicians, presence of uninsured populations and government regulations importantly affect the supply of hospital care in the country. This paper seeks to elucidate how these factors affect the provision and quality of health care in the United States (David, 2009). a. Income of individuals and their preferences multitudes individual incomes enable them to afford hospital care. This is wherefore the demand for hospital care among the employed is considerably blueer. Indeed, it is well established that people leave likely seek the kind of health care that they can afford. In this respect, the higher the peoples income, the higher their demands for quality hospital care. In health economics, the patients demand for hospital care is said to be influenced by the physician given that they know more about patients condition. They advise patients on the treatment options that are available for them at any given time and where to seek treatment. It then becomes the responsibility of the patients to seek funds for the level of treatment they prefer. As such, it is always more about what the physician prefers rather than what the patient prefers. Nevertheless, the patients reserve the final say because ultimately they will pay for whatever services offered to them. It is thusly true that peoples individual incomes and their physicians preferences dictate their demand for hospital care. This is the reality of health economics in the United States (Kavitha, 2013). Physicians, base on their training and experience, are able to advice patients on the right hospital care available for them based on their level of income. It would certainly be imperious for any physician to advice his or her patient t o seek hospital care from high-income health facilities if the patient is not likely to afford. This fundamentally explains why they are needed to give their patients a range of options to choose from. A research carried out by the National Bureau of Economic Research in 2012 showed that more people seek hospital care in the states where the average levels of income are considerably high. Although it is a basic requirement, lack of funds significantly stifles the pursuit of quality healthcare. degenerative illnesses are oft the most affected as people can live with them long enough. Given that they are not quite debilitating, people often do not find it urgent to seek hospital care. They consistently shove the demands aside in order to deal with other pressing needs like housing. This is especially true for low income earners as they have to make such choices. In the end, the quality of their health becomes compromised as their illnesses become worse with time. This explains why higher incomes are prerequisite for the demand for higher quality health care (David, 2009). b. Insurance Coverage The demand for hospital care is considerably high among the insured in the United States. A research conducted at the Princeton University showed that citizens are currently keen on taking advantage of the government policy on insurance coverage