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Health Care Reform and Strategic Management #2

Are health decisions and preferences of individuals very different in health than any other purchase. Do we shop for the most cost effective treatment rather than demanding only what we think is best possible care, regardless of cost? Are we as effective at acknowledging the end of life as we are at trying to keep everyone alive as long as possible without considering quality of life or recovery potential?

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Health decisions and preferences are definitely different when compared to other purchases because of the nature of the health care industry. We either do or don't have health care insurance, which is basically the main deciding factor in our health decisions. Those with health insurance can use products like their health savings accounts and various benefits to make health care decisions, like which wellness programs to participate in, which medicines to buy, and other ways that affect ...

Solution Summary

Are health decisions and preferences of individuals very different in health than any other purchase. Do we shop for the most cost effective treatment rather than demanding only what we think is best possible care, regardless of cost? Are we as effective at acknowledging the end of life as we are at trying to keep everyone alive as long as possible without considering quality of life or recovery potential?

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