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Health Economics: #14 Emerging Adults w Mental Illness
Summary
This Emerging Adults with Mental Illness episode explores the complexities of conflicting incentives in the healthcare system. The term “incentives” is analyzed in terms of motivations and decision-making for various stakeholders, including patients, caregivers, insurance companies, policymakers, clinicians, drug companies, and communities. The conversation with Dr. Yun Wang (Sherry) delves into health economics and its significance in understanding resource allocation for healthcare decisions. understanding health economics is critical for making informed healthcare decisions, optimizing resource allocation, and addressing disparities in mental health and substance use disorder treatment. It can empower advocates, policymakers, and researchers to create more effective, equitable, and cost-efficient healthcare systems.
Proem
Several guests in this Emerging Adults with Mental Illness series discussed conflicting incentives. What does that even mean? Do incentives mean motivation? Why we do what we do? Are we talking about incentives for patients and caregivers, insurance companies, consultants, vendors, policymakers…