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The Bismarck Model in Germany controls costs by allowing private insurers to negotiate competitive rates with private physicians.
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- Which of the following is a reason for the prevalence of employer-sponsored health insurance in the US? It offers a way to pool risk (wrong) Wage controls in WWII made employer sponsored health insurance more common. (wrong) all are possible reasons Firm specific human capital helps reduce adverse selection.The Beveridge model in the United Kingdom reduces moral hazard by having public providers compete to provide high quality care. True FalseThe idea that hospital competition has led to a “medical arms race” can help explain why the U.S. has more than twice the OECD average number of MRI machines per 1,000,000 population. True False
- The health care system in the U.S. offers greater physician and insurer choice than the Bismarck system in Germany system True FalseIndicate whether each statement is true or false, and justify your answer.There is no such thing as “too much competition” in the private hospital market.The Stark laws (1989 and 1993) ban physicians from referring patients to facilities in which the physician has a financial interest, such as a specialty hospital, radiation lab, or clinical lab. The Stark laws address: the problem of adverse selection. the high standards imposed on the agency relationship between physician and patient. moral hazard on the part of doctors. induced demand by physicians. unethical behavior by patients.
- To test the parallel trends assumption, A. we check if Group A and Group B's average outcome follows a similar trend over multiple periods before Group A receives the treatment. B. we check if Group A and Group B's average outcome follows a similar trend after Group A receives the treatment. C. we check if Group A and Group B have the same average outcome before the treatment. D. Type or paste question herediscuss some of the benefits and risks of new Health promoters basing their professional identities on established norms within this profession.The biggest difference between Beveridge- and Bismarck-style health systems is: a. Beveridge countries all speak English as their main language b. Bismarck countries do not allow for private insurance c. Beveridge countries rank equity above other values and goals d. Bismarck countries tightly regulate private insurance 2. 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 services
- Use supply and demand concepts to explain why the American Medical Association finds it beneficial to require more strict standards for entrance to medical schoolsIndicate whether each statement is true or false, and justify your answer.Medical experts are ideal candidates for providing estimates of the quality weights associated with various health states._____ is when everyone in a country is covered by insurance that is run and administered by the government. This strategy is effective at combatting _____. a. Means tested health insurance; adverse selection b. Universal public health insurance; adverse selection c. Universal public health insurance; moral hazard d. Compulsory insurance; moral hazard e. Compulsory insurance; monopoly pricing f. Means tested health insurance; moral hazard