Healthcare Economics

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You just started working as a Health Service Manager at a major hospital. The CEO thinks he has a great idea, and wants your opinion on the following: Expand health insurance coverage to all US citizens (similar to Medicaid) and the federal government will pay the entire cost of coverage.

Write a 4 to 5 page report (double-spaced) on the economic implications of his idea. In discussing the issue, identify at least 3 economic concepts when convincing your new boss that this idea is not sustainable in the long-run.

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Rubric Name: Rubrics for Healthcare Economics: Assignment 1


Level	Description	Feedback
Outstanding 90 % or more	The student demonstrates a thorough understanding of economic issues and can identify all three economic concepts relevant to the analysis. All three of the economic concepts are accurately defined and discussed in the context of the assignment. The student draws accurate conclusions for each of the economic concepts. Writing quality: Writes clearly, concisely, and with few errors. Easy to understand.
Superior 80 % or more	The student demonstrates a reasonable but not complete understanding of economic concepts and can identify two economic concepts relevant to the analysis. Only two of the economic concepts are accurately defined and discussed in the context of the assignment. The student draws some accurate conclusions for each of the economic concepts. There are a few mistakes. Writing quality: Writes with some errors but the paper can be readily understood.
Good 70 % or more	The student demonstrates a reasonable but not complete understanding of economic issues and can identify one economic concept relevant to the analysis. Only one of the economic concepts are accurately defined and discussed in the context of the assignment. The student draws few accurate conclusions for each of the economic concepts. There are several mistakes. Writing quality: paper includes numerous errors. Requires some effort to understand.
Substandard 0 % or more	The student does not demonstrate an understanding of the economic concepts relevant to the analysis. None of the economic concepts are accurately defined or discussed. The student’s conclusions for each of the economic concepts is not valid. Writing quality: The paper is poorly written and is difficult to understand.