If a Health Economist Is Worried That a System of Health

question 58

Multiple Choice

If a health economist is worried that a system of health insurance will break down because, when combined with policies outlawing the use of an individual's health information in setting coverage and rates, the sickest will be the only one who will want insurance and the healthiest will go without insurance, that economist is focused on the problem of

• A)moral hazard.
• B)adverse selection.
• C)mandation.
• D)lack of universal coverage.

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Definitions:

Performance Targets

Specific goals set by a company or individual to measure progress and achievement over a period.

Performance Metrics

Quantitative measures used to gauge an organization's performance in various areas, enabling managers to assess productivity, efficiency, and effectiveness in meeting objectives.

Strategic Initiatives

Planned actions designed to achieve long-term goals that significantly impact an organization's direction and success.

Value Chain

A model that describes the full range of activities needed to create a product or service, from inception to delivery to the end user.