Question

how the factors below that effect the healthcare industry and necessitated the need for health economics: explain 2 lines for each one

1- insurance

2- environment

3- education

4- suppliers

Answer 1

Education is critical to social and economic development and has a profound impact on population health. We review evidence for the health benefits associated with education in the context of a socioecological model of health. The health benefits of education accrue at the individual level (e.g., skill development and access to resources); the community level (e.g., the health-related characteristics of the environments in which people live); and the larger social/ cultural context (e.g., social policies, residential segregation, and unequal access to educational resources).

Health insurance helps protect you from the high costs of health care. It helps to pay for doctor visits, hospital stays, prescription drugs and important preventive care.You can choose from a variety of health insurance plans with different levels of coverage to fit the needs and budget.

Healthy environment of care is an essential element in creating the context for engagement in the professional practice of nursing. A healthy environment of care is characterized by a high level of open communication, collaboration, engagement, trust, and respect among all team members.

The relationship between healthcare and suppliers is evolving in response to a more challenging economy. Reimbursement rates are continuously declining. According to the purchasing alliance Premier, healthcare providers can expect cuts in reimbursement payments. Similarly, participation in group purchasing organizations (GPOs) is up, and more than 50 percent. healthcare now belongs to integrated delivery networks (IDNs) that share savings and improve bargaining power.