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Question 2 (2 points) Listen What market structure is the worst for healthcare providers? a) One with many providers and only one buyer. 12 b)
Question 2 (2 points) Listen What market structure is the worst for healthcare providers? a) One with many providers and only one buyer. 12 b) One with many providers and the only buyer is the government - Medicare/Medicaid. 15 c) One with few providers and many small health plans. O d) One with few providers and a few Borge health plans. In general, in which of the following situations will prices increase? a) Government programs pay less than cost. b) Healthcare plans adopt fee schedules that do not pay at levels above costs. c) Costs increases d) The proportion of charge paying patients drops. e) All of the above. f) Only a and c above. If a health plan agrees to pay the provider at 70% of its billed charges to cover its costs, the provider would need to charge ____ for a patient's claim for $100? a) $142.85 b) $100.00 c) $70.00 d) $152.97 Oe) $136.54
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