All of the Following Are Health Care Cost-Control Methods Used

question 57

Multiple Choice

All of the following are health care cost-control methods used by employers EXCEPT ________.

• A)requiring employees to pay high premiums
• B)benefits purchasing alliances
• C)requiring disability insurance
• D)encouraging medical tourism

---

Definitions:

Sherman Antitrust Act

A landmark federal statute in the U.S. that prohibits monopolistic business practices, aimed at promoting fair competition for the benefit of consumers.

Monopoly

Monopoly describes the economic condition where one seller dominates the entire market, thus setting prices and product availability without competition.

Trade Restraints

Measures implemented by governments or businesses that restrict international trade, such as tariffs, quotas, and embargoes.

Antitrust Laws

Antitrust laws are regulations that promote competition by restricting monopolies, cartels, and other practices that can reduce consumer choices and hinder market efficiency.