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Florida’s Prescription Drug Pricing
Use Grossman’s model of the production of health to develop a plausible hypothesis how Florida’s Prescription Drug Pricing Transparency House Bill 351 is likely to affect prescription drug use. (Good or bad)
Use the articles and data within the readings attached to provide evidence in support of your hypothesis.
Your report must include at least 4 graphs, ONE WHICH YOU HAVE CREATED. (You can create the graph in Word or Excel) Make sure each chart/graph has an explanation of why its important/an interpretation of what the chart tells us about Florida's prescription data.
There are (at least) three ways that prescription drug pricing transparency might impact individual drug use. Be sure to explain all of channels and note why one of them is probably more important than the others.
The new Florida policy will change the cost of time spent sick, the cost of certain preventive care (delivered by a doctor), and the cost of certain kinds of care received when you are sick. Describe how these effects influenced your thinking and how they might affect the ability to test your hypothesis.