Term Papers: Why is this issue a concern from a health care economics perspective? Who are the major parties involved in this issue
Body of paper
An overview of the issue
Why is this issue a concern from a health care economics perspective?
Who are the major parties involved in this issue
· Private healthcare facility owners for they play the role of investing in the industry
· Patients as they provide business and receive services from the healthcare sector
· Medical professionals as they are the individuals that directly offers treatment services to smoking-related ailments
· Manufacturers and suppliers as they play the role of manufacturing and making medical equipment and products available and accessible to healthcare facilities and patients
Which market forces have an impact on this issue?
· Demand forces which are on the increase as a result of increasing number of smoking ailments patients
· Supply forces which are lower than demand due to the scarcity of right skills, equipment, and facilities
How is demand illustrated in this issue?
How is supply illustrated in this issue?
How has the affordable care act impacted this issue?
How are health disparities demonstrated in this issue?
How has this issue been improved in other global markets?
Recommendation for making improvements on economic principles basis
· Increasing the number of healthcare facilities in an equitably distributed manner
· Making medical training affordable and of the highest quality to increase the number of professionals
· Reduce the cost of taxation on medical equipment’s, products, and tools both imported and locally manufactured to make them affordable to many healthcare services
