Self insurance refers to the practice of setting aside funds to pay for medical care expenses instead of paying premiums to an insurance company. Approximately, _______ of all employees who participate in group insurance plans work for firms that self-insure?

According to the Centers for Medicare and Medicaid Services (2010), projections estimate that medical care spending will be at _______ by 2015?

Which of the following is not a characteristic that makes medical care different from other commodities?

When there is an increase in supply of a product one would expect the supply curve to shift?

A physician's office expenses increase 10 percent, so she decides to raise the price of office visits. Assuming the demand curve for office visits does not shift, what will happen to the total number of office visits and practice revenues?

A person with AIDS applies for health insurance but hides his health status from the insurance company. What is the likely result for the insurance company?

Which of the following results from patients having better information about their health status than insurers?

When measuring effectiveness of a treatment, surrogate measures reflect clinical efficacy and include?

Which of the following measures of effectiveness is not a surrogate measure?