You are on page 1of 3

1.) Economics and the Health Care Sector a. Economic Variables which Affect the Demand in Health Care a.1.

The increasing average income of people tend to prefer the services of private medical hospital because of the better health services they offered in their air conditioned room, fully equip medical facilities and better medical services. Although, the private medical hospitals are quite expensive in their confinement they are willing to pay for such services because of higher income. a.2. The increasing population of a locality may result to the increasing medical care services particularly in the urban areas. The increase of commercial activities may result to migration in the urban areas. The hospital is strategically located in the urban areas provided more opportunity to get patients in the urban areas. a.3. The substitute products can be done from the lowering rates of hospital as be come more competitive and can get more patients to be confined in this hospital. The quality health services given in this hospital can substitute their affordable service for physician fee, medical services and other service they are providing to the patient. The complementary products are usually done in the promotional activities of the hospital. However, it is rarely done to attract the stakeholders the improvement of their services and better quality of care given to the patients. a.4. The influence of the stakeholder confine themselves in the hospital is also reflected from the added medical service such as x-ray radiographic equipment, sterilizing equipment, operating room instrumentation, fetal monitors, infant incubators, ecg instruments, operating table lights, ct scans, other medical instruments, and operating room equipment. The competent physicians are the most important factor why stakeholders are attracted to be confined or for their medical check in the hospital. b. Demographic Variables which Affect the Demand in Health Care b.1. Age b.2. Sex b.3. Race/Ethnicity b.4. Education b.5. Preferences b.6. Religion b.7. Culture c. Why are health services and commodities different from other consumer’s goods? - Health services and commodities differ from other consumer’s goods because things such as medications, clinics, hospitals, nurses and other medical personnel primarily focus specifically on the ability to care and cure the sick or ill patients, prevention of illness, rehabilitation and preservation of health. While on the otherhand, other consumer’s goods may focus generally on the products ability to satisfy the physiological or survival needs of an individual in order to bring stable physical, social and mental state.

Factors which Affect the Supply of Health Manpower a. Legal aspects of professional practice and task delegation a. Patient’s demand for the institutional settings of which that manpower is employed a. c. Incentives to attract manpower in the rural areas a. A country will turn from labor intensive to capital intensive when wage rate increases and income grows. Manpower exports a.3.Abundant supply of labor will cause low wage.3.1. High quality manpower will have high wage rate.2. It will accommodate capital intensive industry.2. Experiences from other Input Substitution . Wages b. It will accommodate more labor intensive industry. .4.) Supply of Health Services a. Experiences from Manpower Substitution d. Trade-off between high quality manpower and abundant supply.

other factors such as exposure to other illnesses and other demographic factors etc.) Concept of Demographic Transition a. 1. if you are having a good lifestyle and avoiding vices.c. . However.3. a negative handling of self may increase chances of getting ill and a positive one may decrease chances of getting ill primarily prior to exposure to other factors..c.c. Types of health care commodities demanded. Medical Personnels 3. Types of illness experiences.By using one method in probability sampling which is the subjective. c. chances of getting sick is very low. Medical Facilities . Medicines 2. b. Medical/Nursing Institutions 4.c. Thus. we can say that theoretically. it would always depend on how a person cares on his/her health that occurrence of illness is low or high. Probability of getting ill.