Match the Term with the Appropriate Definition or Description

question 47

Multiple Choice

Match the term with the appropriate definition or description:
-A system of managed care serving frail elderly who are eligible for nursing home care

• A)chiropractor
• B)baby boomers
• C)medical malpractice
• D)defensive medicine
• E)HMO
• F)epidemiology
• G)Emergency Medical Treatment and Labor Act of 1986
• H)predisposing factors
• I)program of all-inclusive care for the elderly (PACE)
• J)adverse selection
• K)vertical integration
• L)morbidity rate

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Definitions:

Bounded Rationality

A theory that suggests that there are limits to how rational a decision maker can actually be.

Heuristics

Shortcuts in decision making that save mental activity.

Decision Making

The cognitive process of selecting a course of action from multiple alternatives, typically aimed at achieving a specific goal or solving a problem.

Rationality

A logical, step-by-step approach to decision making, with a thorough analysis of alternatives and their consequences.