Employer-provided private health insurance in the United States has resulted in: A. incentives that encourage the overuse of health care. B. incentives that discourage the use of health care, and overall poorer health. C. lower costs of health care as providers better achieve economies of scale. D. comprehensive coverage of the U.S. population, with few lacking access to adequate health care.
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Employer-provided private health insurance in the United States has resulted in:
A. incentives that encourage the overuse of health care.
B. incentives that discourage the use of health care, and overall poorer health.
C. lower costs of health care as providers better achieve economies of scale.
D. comprehensive coverage of the U.S. population, with few lacking access to adequate health care.
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- While the individual mandate clause in the Affordable Care Act (also known as, Obamacare) was still in effect, which market failure in the market for health insurance did it help to reduce? Group of answer choices A.) Increasing Returns to Scale. B.) Moral Hazard. C.) Adverse Selection. D.) Barriers to Entry. E.) Externalities.Which one among these is not one factor that makes health care service difficult to insure? 1.future expendature on health care is uncertain 2.the payment for each health procedure are determined by insurers 3.Health care providers are paid based on their service rather then their outcome from their serviceThe decline in hospital days per 10,000 population between 1980 and 2007 reflects: A. An increase in number of times individuals were admitted/discharged from the hospital. B. A decrease in the average length of time they stayed in the hospital once admitted. C. A decrease in number of times individuals were admitted/discharged from the hospital. D. A and B. E. B and C. QUESTION 2 What distinguishes a preferred provider organization (PPO) from a traditional health maintenance organization (HMO)? A. There is no distinction, both HMOs and PPOs are focused on costs and outcomes and are considered managed care organizations B. Both are similar to POSs (point of service plans) C. HMOs are generally more restrictive when it comes to standards and cost controls on providers and enrollees D. All of the above E. A and C only
- Explain the different methods concerning the cost benefit analysis (Health economics)Which is the best example of health care insurance in the sense of socializing risk? a. A dental insurance policy that pays for two check-ups a year but nothing else.b. A comprehensive health care policy that essentially pays for everything including check ups but is very expensivec. A health care policy that is relatively inexpensive but only pays for medical expenses after a $2,000 annual deductible is met. After $2,000 the policy pays 100 percent for everything.Create one “pro” paragraph in support of the issue and one “con” paragraph against the issue about Mandatory American Health Insurance
- With the use of relevant examples, critically examine four economic principles that are essential to the study of Health Economics.The biggest difference between the United States and Beveridge OR Bismarck counties’ health systems is: a. The US has longer life expectancy for higher income people b. The US permits/tolerates tens of millions of its citizens to be uninsured c. The US does more health technology assessment before utilization than other countries d. The US enjoys spending a higher percentage of its GDP on health care, it is a voluntary choice that reflects preferences for health care over other goods and servicesThe federal government gives a state a _____ grant, promising to pay the state $0.25 for every $1 the state spends on health care for senior citizens, which _____ the price of health care to the state by 20%. a. block; increases b. block; decreases c. matching; increases d. matching; decreases
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