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A Tax System with Little Deadweight Loss and a Small

question 506

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A tax system with little deadweight loss and a small administrative burden would be described as


Definitions:

Health Maintenance Organizations

A type of health insurance plan that typically requires members to receive care from a network of specified healthcare providers and facilities to be covered.

Capitated Rate

A payment arrangement for healthcare service providers where they receive a set amount for each enrolled person assigned to them, regardless of the amount of services provided.

Copayments

A fixed amount paid by a patient for a covered healthcare service, usually when receiving the service, with the rest covered by their insurance.

Primary Payer

The insurance policy, plan, or program that is responsible for paying first on a claim for medical services before any other secondary coverage is considered.

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