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

Final analytical paper - Assignment exampleThe supply and request for hospital pity in the united States is minted by several factors. For instance, massess individual income and preferences affect their demand for hospital cargon. It is well conventional that shortage of physicians, presence of uninsurable populations and political science regulations significantly affect the supply of hospital cope in the country. This paper seeks to elucidate how these factors affect the provision and quality of wellness care in the United States (David, 2009). a. Income of individuals and their preferences Peoples individual incomes enable them to afford hospital care. This is why the demand for hospital care among the employed is considerably high. Indeed, it is well established that people will 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 de mand for hospital care is said to be influenced by the physician given that they know more around 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 survives 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 therefore truthful 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, based 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 sure be irresponsible for any physician to advice hi s or her patient to seek hospital care from high-income health facilities if the patient is not likely to afford. This fundamentally explains why they are required to give their patients a throw up 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. Chronic illnesses are often the virtually affected as people can live with them long enough. Given that they are not instead debilitating, people often do not find it urgent to seek hospital care. They consistently gouge 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 w ith 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