Health care industry

Pick one of
the following healthcare industries listed below. Using what you have
learned so far about market structure and the impact on supply and
demand, write a 7 page report (double-spaced) addressing the following
questions:

1. From
   research you have done on-line what is the market structure of that
   industry (e.g perfectly competitive, oligopoly, monopoly, other)
2. What are the implications of the market structure on the demand and supply curve and price of the services offered?
3. What
   is the implication of third-party payers like private health insurance
   or federal programs like Medicare and Medicaid on demand and supply in
   this industry?
4. How has the government intervened in the industry and what was the economic rationale for the intervention? What market failures did they attempt to remedy?

Choose one of the following industries to discuss the answers to the above questions:

1. Pharmaceutical Industry
2. For-profit health insurers
3. Not-for profit health insurers
4. Any physician specialty (e.g. cardiology, ophthalmology, etc.)
5. Hospital (national Network)
6. Small rural hospital