Demand In Health Care Essay Example | Topics and Well Written Essays - 750 words

Demand In Health Care - Essay Example the health care facilities are scarce, with limited hospitals and doctors. Most of the rural areas are deprived of proper medical treatments. In these developing (and under developed) countries most of the population belongs to the rural areas. The availability of proper medical facilities is scarce (Pear & Lowry, 2012). In addition to this, low standard medical facilities are available at significantly high prices. The demand for the proper medical treatment becomes low in rural areas because of lack of affordability and access to the up to the mark medical goods or services. Therefore, people in developing countries, particularly in the rural areas demand health care services. On the contrary, in developed countries most of the people are provided with the facilities of health care insurance at reasonable prices, which can make the access to proper medical facilities easier (McConnell, Campbell, Brue & Stanley, 1990), therefore people in developed countries like Canada, U.S and Europe take great care of their health. This again reflects the law of demand. The example illustrates the fact that there are different categories of health care facilities, some of them are those, which cannot be avoided for example in case of a car accident the emergency treatment cannot be avoided. The demand for the medical treatment in such situations is considered inelastic, no matter at what price the medical treatment is available. On the other hand, some medication for the purpose of headache can be avoided if the prices of medical facilities are high. Therefore, the demand for medical facilities, which are needed in case of emergency are inelastic i.e. with the change in price the demand of medical facilities may have insignificant impact. On the same logic (but with a different scenario), the demand for minor medication is highly elastic i.e. the demand reduces with the increase in price. On the contrary, the demand increases with