Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Because they don't have effective price systems, countries with Beveridge systems use queuing to ration care True False Question 2 Comparing the two systems,Bismarck nations

Because they don't have effective price systems, countries with Beveridge systems use queuing to ration care

True

False

Question 2

  1. Comparing the two systems,Bismarck nations tend to have higher health spending than Beveridgenations.
  2. True
  3. False

Question 3

  1. One major downside of the Beveridge model is adverse selection.
  2. True
  3. False

Question 4

  1. Most health care services provided in a Beveridgesystem have no corresponding out of pocket costs.
  2. True
  3. False

Question 5

  1. Patients in Bismarck systems are charged insurance premiums based on their individual risk.
  2. True
  3. False

Question 6

  1. Queuing increases wait times and keeps people from getting care in a timely manner, with no associated benefits.
  2. True
  3. False

9.1 points

Question 7

  1. Sickness funds in Bismarck systems are both publicly administered and financed.
  2. True
  3. False

Question 8

  1. The ACA's individual mandate is still technically on the books, though it is no longer effective because the penalty has been set to $0.
  2. True
  3. False

Question 9

  1. The Beveridge Model reduces moral hazard by having a universal, single payer system.
  2. True
  3. False

Question 10

  1. The Bismarck system emphasizes both equity and choice.
  2. True
  3. False

Question 11

  1. While risk selection is illegal,some sickness funds may still engage in such practices.
  2. True
  3. False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics and Its Application

Authors: walter nicholson, christopher snyder

11th edition

9781111784300, 324599102, 1111784302, 978-0324599107

More Books

Students also viewed these Economics questions

Question

LO10.3 Explain how demand is seen by a purely competitive seller.

Answered: 1 week ago