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:

Disease

A disorder of structure or function in a human, animal, or plant, especially one that produces specific symptoms or affects a specific location.

Sudden Infant Death Syndrome

The unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.

Processing Death

The cognitive and emotional ways in which individuals understand and cope with death and grieving.

Physician

A medical professional qualified to diagnose and treat diseases, injuries, and other health conditions.