Which of the following would encourage consumers to economize on their use of healthcare and producers to provide it more efficiently?
a. a reduction in out-of-pocket healthcare expenditures
b. government subsidies that encourage people to purchase health insurance policies with first-dollar coverage and small co-payments
c. Medicare reform that at least partially substituted defined benefits (funds that could be used to pay for healthcare or the purchase of insurance) for the present cost reimbursement system
d. all of the above
C
You might also like to view...
Monopolistic competition is characterized by many buyers and sellers, product differentiation, and free entry
a. True b. False Indicate whether the statement is true or false
According to the World Bank, almost 2 billion people are classified as being in severe poverty.
Answer the following statement true (T) or false (F)
Economists who focus their analyses on the effects of a change in the money supply and velocity are called
A. realists. B. Keynesians. C. supply siders. D. monetarists.
The ________ states that in an ordinary election between two candidates, the candidates will position themselves in such a way that their platforms reflect the views of the voter in the middle
Fill in the blank(s) with correct word