The Effort to Reduce or Hold Down the Cost of Health

question 11

Multiple Choice

The effort to reduce or hold down the cost of health care is called:

• A) secondary prevention.
• B) cost containment.
• C) QALY.
• D) cost-effectiveness.

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Definitions:

Semiannual Amortization

The process of periodically reducing the value of a debt or an intangible asset over two times in a year.

Issuing Corporation

A company that has issued securities through an initial public offering (IPO) and has its shares bought and sold by investors.

Discount

A reduction applied to the normal selling price of goods or services, often used as an incentive to increase sales or clear inventory.

Bonds

Fixed-income securities issued by corporations, governments, or other entities to finance projects or operations, promising to pay back the principal with interest.