Which of the Following Has Been Used to Control Costs

question 15

Multiple Choice

Which of the following has been used to control costs in one or more health care systems described in this textbook?

• A) relying only on the government (rather than private insurers) to cover individuals' health care costs
• B) establishing government control over hospital budgets
• C) restricting doctors to salaried practices
• D) all of the above
• E) none of the above

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Definitions:

Employer-provided

Benefits or services provided to employees by their employers, often including insurance, retirement plans, or subsidies.

Private Health Insurance

Health insurance plans provided by private entities rather than the government, offering coverage for health care expenses to individuals and families.

Elective Surgical Procedure

A non-emergency surgery chosen by the patient, often for improvement rather than necessity.

Equilibrium Price

Equilibrium Price is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded.