Question
Question 32(2.5 points) A _______ deductible on an insurance policy is inefficient when its marginal cost is _______ than the marginal benefit of additional coverage.
Question 32(2.5 points)
A _______ deductible on an insurance policy is inefficient when its marginal cost is _______ than the marginal benefit of additional coverage.
Question 32 options:
higher; greater
lower; greater
lower; less
higher; less
Question 33(2.5 points)
Which of the following components is needed for reform efforts and system changes to have successful outcomes?
Question 33 options:
Inelasticity of demand
Defensive medicine
Patient empowerment
Effective and visionary leadership
Question 34(2.5 points)
Which residents are least satisfied with their current healthcare system?
Question 34 options:
Canada
Singapore
Germany
United States
Question 35(2.5 points)
_______ markets have a few dominant firms and many small firms with little market power.
Question 35 options:
Fee-for-service
Not-for-profit
selective contracting
Monopolistically competitive
Question 36(2.5 points)
The lack of access to quality care can lead to which of the following?
Question 36 options:
Increased use of social services
Higher freedom of choice
Disequilibrium in the market
Decrease in provider services
Question 37(2.5 points)
Which of the following is a well-known form of achieving greater efficiency in insurance markets?
Question 37 options:
Experience rating
Community rating
Selective contracting
Value-based purchasing
Question 38(2.5 points)
A market-based system relies more heavily on the _______ mechanism as a rationing device.
Question 38 options:
supply-and-demand
patient
price
safe harbor
Question 39(2.5 points)
A _______ is a location where healthier foods aren't available.
Question 39 options:
food desert
common pool
social cost
shortage
Question 40(2.5 points)
Much of the interest in health system strengthening, or health system development, is from _______ organizations.
Question 40 options:
national
international
decentralized
thirty-party
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