UMUC HMGT435 2021 October Week 5 Discussion Latest

HMGT435 Healthcare Economics

Week 5 Discussion

Respond to one question by this Saturday midnight and then respond to TWO of your classmates' responses (in an area different than your initial response) by Tuesday midnight.  Please try not to replicate other's responses and include the topic you are responding to at the beginning of your post.

In this week's readings the Health Affairs article on Proposed Payer Mergers, what does the article say will happen to the commercial insurance market in insurers are allowed to merge?

What conditions must exist for a firm to be able to price discriminate?

What is the Herfindahl Index?

What factors allow a firm to have monopoly profits?

What are the pros and cons of merger activity? Why would the government want to prevent mergers?

What are the characteristics of monopolistic competition?

Why is understanding market structure important in health economics, what does it impact?

What is a Nash Equilibrium?