Which of the following influence the payment of a healthcare charge? Select all that apply. 1. insurance discounts 2. self-pay reduction 3. government contractual allowance 4. costs of the unit of service
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Which of the following influence the payment of a healthcare charge? Select all that apply. 1. insurance discounts 2. self-pay reduction 3. government contractual allowance 4. costs of the unit of service
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- What questions would you ask about the Federal Health Policy importance? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.The Australian health sector suffers from informational asymmetry problems pertaining to ‘moral hazard’ and ‘adverse selection’. Please provide a reason for why you either agree or disagree with the statement.Fun with cost-sharing. An important distinction in health insurance is between the list price (PL) and out-of-pocket price (PP) of a medical good or service. The list price is the official price that the provider charges the insurance company, while the out-of-pocket price is the price that the insurance customer faces. Sometimes, the out-of-pocket price depends on the list price. Draw a set of axes with list price PL on the y-axis and quantity Q on the x-axis (you will want to make your graph nice and big, because we will be adding several demand curves). Suppose a consumer’s demand for a particular medical procedure is as follows: Q = 100 - PP. Draw her demand curve in PL - Q space under the assumption of no insurance and label it D1. You will have to think about the relationship between PL and PP to draw it correctly. Now assume the same consumer is fully insured. Think about how this affects the relationship between PL and PP and draw a full-insurance demand curve in PL - Q…
- How can the existence of asymmetric information provide the rationale for government intervention? Note: Do not use ChatGPT, AI, or any paraphrasing tools. I'll use GPTZero and Turnitin to make sure it's not plagiarized. Thankyou.One of the best ways to learn how the complicated healthcare system in the U.S. works is to examine the legal basis of the provision of healthcare in the U.S. follow the trail of money and trace the self-interest of all the parties involved. understand how the goal of serving public interests drives the actions of all the parties involved. carefully read and analyze healthcare-related reports and arguments in news media. stay up-to-date with the latest medical research findings.Fun with cost-sharing. An important distinction in health insurance is between the list price (PL) and out-of-pocket price (PP) of a medical good or service. The list price is the official price that the provider charges the insurance company, while the out-of-pocket price is the price that the insurance customer faces. Sometimes, the out-of-pocket price depends on the list price. (a) Draw a set of axes with list price PL on the y-axis and quantity Q on the x-axis (you will want to make your graph nice and big, because we will be adding several demand curves). Suppose a consumer's demand for a particular medical procedure is as follows: Q = 100 - PP. Draw her demand curve in PL - Q space under the assumption of no insurance and label it D1. You will have to think about the relationship between PL and PP to draw it correctly. Now assume the same consumer is fully insured. Think about how this affects the relationship between PL and PP and draw a full-insurance demand curve in…
- Health Economics- whether the profit motive in hospitals generate a negative impact on the quality and access of care for the poor and uninsured. That is, is there significance in the quality and access between for-profit and not-for-profit hospitals?Q: allowing healthcare to practice at the top of their licenses would... A: - increase barriers to entry in medical care - make the medical market more competitive - complement continued government socialization of medical care - make medical care less competitve and more likely oligopolyWhich of the following is NOT a healthcare good or service? A)Vaccine B)Patient advocate (social worker) C)Life insurance D)Privately purchased a knee brace
- The impact of changing economic realities in the healthcare setting. Consider the customer perspective, organizational perspective, and provider perspective.The Affordable Care Act contained provision for dramatic expansion of the Medicare program.TrueFalse QUESTION 11 Health economics can be defined as: A. An examination of factors that impact healthcare B. An explanation of theories, models and tools that can be applied to understand costs, access, and quality C. One way to understand how best to compare and contrast alternatives D. Help healthcare leaders understand the costs and consequences of options E. All of the above QUESTION 12 The largest health insurance program in the United States is A. Medicare B. Blue Cross-Blue Shield C. Veterans' Affairs D. MedicaidSocial insurance: is not found in the U.S. would most likely provide more extensive coverage for dementia treatments than family or private savings. is based on actuarially fair premiums. is funded by voluntary contributions from large corporations. does nothing for people who cannot afford to buy insurance or for people excluded from purchasing insurance (e.g., people with disabilities).