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Monopolistic Approach In Health Care

150 Words1 Pages
I agree with you that people’s state of health will determine utilization, individuals who are generally in good health will seek care less often than those who suffer from an illness. Smokers also have a higher premium than non-smoker due to the medical issues that can arise due to smoking and the cost to provide care to these individuals. Cost is a key factor that will impact utilization many people will opt not to seek medical attention even if they need treatment due to the high premiums and any potential out of pocket cost expenses. In regards to the monopolistic approach in a health care setting, it can be beneficial if the organization is the sole provider in the market that offers particular service. The organization not only has to
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