Suggest two (2) scenarios that depict the potential effect(s) of a large deductible on price elasticity for health services.

Suggest two (2) scenarios that depict the potential effect(s) of a large deductible on price elasticity for health services.

“Healthcare Financial Management”

Please respond to the following:

•According to the textbook, consumer-driven health plans often rely on large deductibles funded via a health savings account framework. Suggest two (2) scenarios that depict the potential effect(s) of a large deductible on price elasticity for health services. Theorize one (1) possible outcome of your proposed scenarios.


 

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