The lack of access to quality care can lead to which of the following? Question 11 options:

Increased use of social services

Higher freedom of choice

Disequilibrium in the market

Decrease in provider services Question 12 (2.5 points) A _______ deductible on an insurance policy is inefficient when its marginal cost is _______ than the marginal benefit of additional coverage. Question 12 options:

higher; greater

lower; greater

lower; less

higher; less Question 13 (2.5 points) Which of the following countries has low medical utilization, poor lifestyles, and high infant mortality rates? Question 13 options:

Singapore

United States

Germany

Canada Question 14 (2.5 points) Proponents of _______ have used this market-based principle to support the plan to provide insurance coverage to all working Americans and their dependents. Question 14 options:

individual mandates

a single-payer system

employer mandates

universal healthcare access Question 15 (2.5 points) Why can a third-party payer face a much lower level of risk than an individual consumer? Question 15 options:

It can more efficiently produce outputs.

It receives support and funding from the government.

It can pool its risk among various subscribers by operating on a large scale.

It's more capable of using economies of scale in getting the inputs needed for production and distribution. Question 16 (2.5 points) Which of the following statements about the traditional market approach is true? Question 16 options:

The market expands insurance availability.

Small pools make premiums significantly lower because of the low costs of administering the small groups.

Insurance is denied to certain vulnerable groups.

Larger risk pools are subject to no increases in premiums even in the event of several catastrophic losses within the pool.