Healthcare Economics
Access inequality refers to the unequal distribution of healthcare resources and services among different populations, leading to disparities in health outcomes. This concept highlights how factors such as socioeconomic status, geographic location, and race can affect an individual's ability to obtain necessary medical care, ultimately impacting their overall health and wellbeing. Access inequality is particularly relevant in discussions about market failures in healthcare, where the market may fail to provide adequate services to all individuals, particularly those from marginalized communities.
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