Why is this issue a concern from a health care economics perspective? Who are the major parties involved in this issue

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

· Government as they set laws and environment that either positively or negatively affects the healthcare sector and cost

· 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?

Explanation & Answer

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