Final answer:
The financial viability of healthcare organizations is influenced by reimbursement models and adverse selection, while individual demand for healthcare differs from aggregate demand in being specific to personal circumstances versus population-wide needs. An example is the Affordable Care Act's impact on increasing demand for healthcare services.
Step-by-step explanation:
Factors that influence the financial viability of a healthcare organization include the reimbursement models, such as the fee-for-service system and health maintenance organizations (HMOs). In the fee-for-service system, providers are reimbursed for each service provided, while HMOs reimburse providers based on patient load, promoting resource allocation among patients. Another factor is adverse selection, where there is an asymmetry of information between the buyers of insurance and the insurance companies, potentially leading to a disproportion of high-risk individuals in the insured pool, increasing costs for the insurance company.
Individual demand for healthcare is based on personal health status, income, and preferences, whereas aggregate demand accounts for the total healthcare demand of a population. For example, the Affordable Care Act, which expands access to healthcare, increased the aggregate demand for healthcare, leading to challenges in the market for healthcare professionals and creating changes in the labor market dynamics, particularly for nurses.