How Long to Read U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints

How Long Does it Take to Read U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints?

It takes the average reader and 51 minutes to read U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints by Ms. Li Lin

Assuming a reading speed of 250 words per minute. Learn more

Description

Healthcare in the United States is the most expensive in the world, with real per capita spending growth averaging 4 percent since 1980. This paper examines the role of market power of U.S. healthcare providers and pharmaceutical companies. It finds that markups (the ability to charge prices above marginal costs) for publicly listed firms in the U.S. healthcare sector have almost doubled since the early 1980s and that they explain up to a quarter of average annual real per capita healthcare spending growth. The paper also finds evidence that the Affordable Care Act and Medicaid expansion were successful in raising coverage and expanding care, but may have had the undesirable side-effect of leading to labor cost increases: Hourly wages for healthcare practitioners are estimated to have increased by 2 to 3 percent more in Medicaid expansion states over a five-year period, which could be an indication that the supply of medical services is relatively inelastic, even over a long time horizon, to the boost to demand created by the Medicaid expansion. These findings suggest that promoting more competition in healthcare markets and reducing barriers to entry can help contain healthcare costs.

How long is U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints?

U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints by Ms. Li Lin is 51 pages long, and a total of 12,801 words.

This makes it 17% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints aloud.

What Reading Level is U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints?

U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints?

U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints by Ms. Li Lin is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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