Write an essay in which you Describe the theory of physician induced demand for medical services. Explain how the dual nature of the physician’s role as both advisor and provider support the induced demand theory. Identify and explain what implications physician induced demand have for healthcare policy. Discuss how health insurance reinforces physician induced demand. Discuss what the natural limits to the alleged problem of physician induced demand are.

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Theory of Physician Induced Demand for Medical Services Physician induced demand is a theory that suggests that healthcare providers particularly physicians may influence the demand for medical servic... View the full answer