Fuchs (1988) Static Model of Cost Savings Provides Little Encouragement

question 10

Multiple Choice

Fuchs (1988) static model of cost savings provides little encouragement for the prospects of savings in medical care.He concludes our best chance for controlling costs may be

• A)to limit input prices.
• B)to improve efficiency in the production of medical care.
• C)to reduce medical care utilization.
• D)to increase the use of low-priced inputs and reduce the use of high-priced inputs.
• E)all of the above are necessary according to Fuchs.

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Definitions:

Placebo Effect

A phenomenon where individuals experience a physical or psychological improvement after receiving a treatment with no therapeutic effect, due solely to their belief in its efficacy.

Meta-analysis

A statistical procedure that combines and analyzes data from multiple studies to identify patterns, differences, or effects.

Conversion Therapy

A controversial and discredited practice aimed at changing an individual's sexual orientation or gender identity.

Scared Straight

A program intended to deter juvenile participants from future criminal offenses by exposing them to the realities of prison life and interactions with adult inmates.