Which of the Following Would Increase the Incentive of Consumers

question 284

Multiple Choice

Which of the following would increase the incentive of consumers to economize and of producers to provide medical services at economical prices?

• A) substitution of catastrophic health insurance plans for low deductible, low co-payment plans
• B) more reliance on medical savings accounts rather than insurance
• C) equalization of tax treatment between out-of-pocket medical expenses and employer-provided health insurance
• D) all of the above

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Definitions:

Internal Locus

The belief that one controls one's own destiny and outcomes are a result of one's own efforts.

Stress

A physical or emotional response to external or internal pressures, challenges, or demands.

Type A Behavior

A personality trait characterized by high levels of competitiveness, impatience, aggressiveness, and a constant sense of urgency.

Coronary Heart Disease

A condition characterized by reduced blood flow to the heart muscle due to build-up of plaque in the coronary arteries, leading to chest pain and potentially heart attacks.