The Problem with Community Rating Is That It

question 18

Multiple Choice

The problem with community rating is that it:

• A)causes moral hazard.
• B)results in poor-quality health care.
• C)is very unpopular with health care providers.
• D)may cause adverse selection.

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Definitions:

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its competitors.

Environmental Costs

Expenses associated with the negative impact of a company's operations on the natural environment, including waste disposal, pollution control, and resource depletion.

Climate Change

A significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years.

Five Tiers

Refers to a hierarchical approach in various contexts, often used to classify or organize information, objects, or entities across five levels of importance or complexity.