Most Empirical Studies Show That the Cost-Savings Provided by Managed

question 12

Multiple Choice

Most empirical studies show that the cost-savings provided by managed care are accomplished by

• A)better preventive care.
• B)reducing the rate of hospitalization.
• C)denying access to costly specialty care.
• D)switching to generic drugs.
• E)all of the above.

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Definitions:

Perceptual Skills

The ability to see, hear, or become aware of something through the senses, including the interpretation of sensory information to understand the environment.

Developmental Psychologist

A specialist in psychology who studies the growth and development of the human mind and behavior across the lifespan.

Basic Research

Refers to study aimed at gaining a more comprehensive understanding of fundamental aspects and principles.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" phenomenon.