Proponents of a Voucher System Argue That

question 49

Multiple Choice

Proponents of a voucher system argue that:

• A) it would cause consumers of health care to make better health care choices.
• B) it would cause consumers of health care to bear a smaller part of the cost of health care services they consume.
• C) vouchers would eliminate competition for providers, thereby lessening the confusing choices that currently face consumers of health care services.
• D) vouchers could increase the number of suppliers of medical services, thereby driving down costs.

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Definitions:

Compounded Quarterly

Interest calculation method where the interest earned is added to the principal every quarter, increasing the amount on which subsequent interest is calculated.

Small Claims Court

A court that deals with minor legal disputes involving small monetary amounts.

Compounded Monthly

This is the calculation of interest on an investment or savings where the interest earned each month is added to the principal, thereby increasing the amount on which future interest is calculated.

Fair Rate

A reasonable, equitable interest rate or charge for a loan or service, ensuring fairness to both the provider and the consumer.