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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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