What Is the Motivation Behind the Cost-Control Features of Managed

question 9

Multiple Choice

What is the motivation behind the cost-control features of managed care?

• A)To ensure access to specialty care through general practitioner gatekeepers.
• B)To influence the way physicians practice medicine by changing the financial incentive structure of medical care delivery.
• C)to shift the financial risk onto patients.
• D)to eliminate all the guesswork from diagnoses by establishing practice guidelines.
• E)to create competition by providing patients with a wide range of providers.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them a portion of its ownership and sometimes rights to dividends and voting in corporate matters.

Hostile Takeover

An attempt by one company to acquire another without the agreement of the target company's management.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Stock

Equity units in a corporation, signifying a stake in the firm's profits and assets.