Which of the Following Would Increase the Incentive of Consumers

question 163

Multiple Choice

Which of the following would increase the incentive of consumers to economize and of producers to provide medical services at economical prices?

• A) Substitution of catastrophic health insurance plans for low deductible, low co-payment plans.
• B) More reliance on medical savings accounts rather than insurance.
• C) Equalization of tax treatment between out-of-pocket medical expenses and employer-provided health insurance.
• D) All of the above.

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Definitions:

Heredity

The passing of traits from parents to offspring through genes.

Genetic Traits

Characteristics that are inherited from our parents through genes, influencing various aspects of our physical and behavioral traits.

Etiology

The study of the causes or origins of diseases and disorders, understanding how they develop.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, radically changing society with advancements in technology and manufacturing.