Title: Understanding the Cost of Healthcare Services: Key Components, Insured Individuals’ Responsibility, and Production Function for Medical Services.

Only use 3 peer reviewed journal references to 
write this paper.
Define the concept of cost and identify the key components of the cost of healthcare services. Elaborate on the kinds of costs that insured individuals may be responsible for when they use healthcare services.  Provide an example of an intangible cost and quantify that cost.  Next, explain the concept of a production function for medical services in terms of inputs and outputs.

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