Which of the Following Factors Is Not a Reason Why

question 177

Multiple Choice

Which of the following factors is not a reason why competitive pricing has not developed in the health care industry?

• A) The government bans competitive pricing in health care.
• B) Consumers rarely shop around for health care providers.
• C) Insurance covers most consumers' cost of health care.
• D) Consumers are often wary of low prices in health care.

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Definitions:

Annual Interest Accrual

The amount of interest that accumulates on a financial obligation over the course of a year.

Bonds Issuance

The process of offering bonds to investors as a means of raising capital for the issuer.

Face Amount

The nominal or dollar value stated on a financial instrument or security, such as the original amount on a bond or insurance policy.

Bond Redemption

The process of repaying the principal amount of a bond at its maturity date.