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To Control Moral Hazard and the Increased Spending That Accompanies

question 4

Multiple Choice

To control moral hazard and the increased spending that accompanies it, managed care providers include _______ in contracts with providers.


Definitions:

Default Option

A pre-selected choice among a set of options that will be applied if no alternative is specified by the decision-maker.

Action

The act of doing something or taking steps towards achieving an outcome.

Reactance

An encouraging response to incentives, personalities, standards, or rules that risk or nullify specific behavioral liberties.

Advertisement

A public announcement in a variety of formats designed to promote a product, service, or event to influence consumer behavior.

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