Could the Grossman model explain people with extreme health conditions?

Could the Grossman model explain people with extreme health conditions?

by Irene Eom -
Number of replies: 0

If the Grossman model argues that we could choose our level of health by investing in health, how can this model explain people with extreme health conditions that won’t get better no matter how much they invest in that condition? Could parameters, variables, or  constraints be changed to explain these situations?