Inseparability of Markets
and Regulations. Prior to
engaging in this discussion, please read Chapter 17 in the text and review any
relevant Instructor Guidance. It is suggested that you review the recommended
articles to glean any helpful information. To begin you initial post, research
one of the health profession licensing agencies in your state. Analyze and
comment on the role this professional licensing group plays in the creation of
policy within the profession as well as the impact those policies potentially
have on the economics of health services. Then, specifically look at the
composition of the licensing agency’s board of directors. Describe the present
composition of the board membership. Evaluate the social-cultural issues that
might influence health economics in your state based on the diversity of the
board in question. Is the present composition a fair representation of the
community the board is supposed to serve? What, if any, consumer representation
exists on the board? Compare and contrast economic challenges and incentives
among health care’s organizational models such as the licensing agency you have
selected.