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There are two important types: static cost-shifting (price discrimination), that is the ability to charge different prices to different customers. The other one is the dynamic cost-shifting , which means charging the maximal amount of money that the customer is able to pay (not necessarily the highest possible value, but the value that people ...
U.S. healthcare costs in 2015 were 16.9% GDP according to the OECD, over 5% GDP higher than the next most expensive OECD country. [2] With U.S. GDP of $19 trillion, healthcare costs were about $3.2 trillion, or about $10,000 per person in a country of 320 million people.
[7] [8] [2] Price discrimination is distinguished from product differentiation by the difference in production cost for the differently priced products involved in the latter strategy. [2] Price discrimination essentially relies on the variation in customers' willingness to pay [8] [2] [4] and in the elasticity of their demand.
Americans nationwide have every reason to be optimistic that positive change is on the horizon for the nation’s healthcare system. Though new government figures show costs $4.9 trillion per year ...
But a crucial Supreme Court ruling in 2012 granted states the power to reject the Medicaid expansion, entrenching a two-tiered health care system in America, where the uninsured rate remains disproportionately high in mainly Republican-led Southern and Southwestern states.
For example, it has been estimated that cost shifting has amounted to $455 per individual, or $1,186 per family, in California annually. [ 12 ] However, because of the recent influence of managed care and other cost control initiatives by insurance companies, hospitals are less able to shift costs, and they end up writing off more and more in ...
The agency is also tasked with protecting students from discrimination based on race, sex and gender identity. ... Health Care. Project 2025 ... power to negotiate directly with manufacturers over ...
(Reuters) -A U.S. judge on Wednesday blocked the Biden administration from enforcing a new rule against discrimination on the basis of gender identity in healthcare while he hears a lawsuit ...