Trends in Health Insurance Coverage, Access to Care, and Use of Health Care Services

Week 5 Discussion-Competitive Markets, Price, Quality, and Monopoly
Student’s Name
Institutional Affiliation
Course
Instructor
Date
Week 5 Discussion-Competitive Markets, Price, Quality, and Monopoly
Urban Institute includes Health Policy Center articles that discuss healthcare from various angles, including health insurance coverage, access to care, and use of healthcare services. An example is Acs et al. (2014) report that outlines the impacts of raising the minimum wage in the District of Columbia. It includes the social safety net and wealth and financial well-being, which are examples of economic assumptions applicable in promoting a competitive market model in the healthcare environment. This can be considered an assumption because, as Buettgens and Ramchandani (2023) allude, approximately 39.2% of nonelderly noncitizens lack healthcare insurance. A significant percentage also faces challenges, including Medicaid eligibility issues and poor market coverage. Regardless increased minimum wage translates to better access to care and health insurance coverage, which is an assumption that presents short and long-term impacts on promoting the competitive market model in the healthcare environment. Price is another economic assumption that has a short and long-term impact on competitive ...