Which of the Following Would Increase the Incentive of Healthcare

question 7

Multiple Choice

Which of the following would increase the incentive of healthcare consumers to economize and help reduce the future growth of healthcare prices in the United States?

• A) An increase in the share of healthcare costs paid for either directly or from personal medical savings accounts.
• B) Subsidies that would encourage consumers to purchase low co-payment insurance plans.
• C) A new government program that would cover the cost of prescription drugs purchased by all healthcare consumers.
• D) A reduction in the eligibility age for the coverage of Medicare from 65 to 55 years of age.

---

Definitions:

Sourcing

The process of identifying, evaluating, and securing suppliers or sources for goods and services that a company needs to operate.

Supplier Selection Criteria

The set of standards or benchmarks used to evaluate and choose suppliers based on factors like quality, reliability, cost, and service.

Cultural Compatibility

The degree to which different cultures can coexist and interact harmoniously within an organization or between entities, affecting collaboration and integration.

Repair Service

A service provided by companies or individuals to fix damaged or malfunctioning products, aiming to restore them to their proper working condition.