All of the Following Are Designed to Reduce Health Care

question 47

Multiple Choice

All of the following are designed to reduce health care expenses for consumers except

• A)HMOs.
• B)PPOs.
• C)the DRG payment system.
• D)the fee-for-service system.

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Definitions:

Wage Cut

A decrease in the amount of wages that employees earn.

Productivity

The effectiveness of productive effort, as measured in terms of the rate of output per unit of input.

Separating Equilibrium

A situation in game theory where different types of players (usually with different information) choose different strategies, allowing their types to be inferred by others.

Dull Lectures

Lectures that are uninteresting and fail to engage the audience or students.