Answered: Given one procedure or service provided…

Given one procedure or service provided by certain hospital, all different payers would be charged the same rate by the hospital. True False

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter7: The Market For Health Insurance

Section: Chapter Questions

Problem 5QAP

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Question

Given one procedure or service provided by certain hospital, all different payers
would be charged the same rate by the hospital.
True
False

Expert Solution

Step 1

In the healthcare system, the price of any service or procedure is determined y the demand and supply of those services and procedures in the market.

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