Which of the Following Factors Is Not a Reason Why

question 177

Multiple Choice

Which of the following factors is not a reason why competitive pricing has not developed in the health care industry?

• A) The government bans competitive pricing in health care.
• B) Consumers rarely shop around for health care providers.
• C) Insurance covers most consumers' cost of health care.
• D) Consumers are often wary of low prices in health care.

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Definitions:

Suspension

The temporary cessation or pause of an activity, status, or function, often as a disciplinary measure or pending an investigation.

Mathematical Mistake

A type of error occurring in calculations, data entry, or interpretation of numbers leading to incorrect results.

Substantially Low

A description indicating that something is significantly below average or expected levels.

Mistakenly Offers

Incorrect proposals made unintentionally during negotiations or in the course of business transactions.