Which of the Following Statements Is NOT True About Physician

question 1

Multiple Choice

Which of the following statements is NOT true about physician payment?

• A) Physician practice has not been incented by the fee-for-service payment model
• B) Physicians have been incented to become specialists in part as a result of the payment system
• C) The payment model has caused medical specialists to move from cognitive care to procedural care
• D) The high cost of medical care incents physicians to pursue specialty practice
• E) The payment model for physicians is going to have to change if we are going to bring costs under control

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and rights.

Implied Warranty of Fitness

A legal guarantee that goods sold will meet the specific purpose for which the buyer is purchasing them, even if not explicitly stated.

Implied Warranty of Merchantability

A legal presumption that a product sold will meet the buyer's reasonable expectations of quality and functionality.

Implied Warranty of Title

A legal assumption that a seller has the right to sell a property and that the buyer will not face legal disputes over the title.