Question

In: Economics

Question 1 Because they don't have effective price systems, countries with Beveridge systems use queuing to...

Question 1

  1. Because they don't have effective price systems, countries with Beveridge systems use queuing to ration care

    True

    False

6.67 points

Question 2

  1. Queuing increases wait times and keeps people from getting care in a timely manner, with no associated benefits.

    True

    False

6.67 points

Question 3

  1. One major downside of the Beveridge model is adverse selection.

    True

    False

6.67 points

Question 4

  1. The Beveridge Model reduces moral hazard by having a universal, single payer system.

    True

    False

Solutions

Expert Solution

Question 1: True

Beveridge systems is health care model, where citizen of country get health care coverage by the government through income tax fund.

In such cost less health care coverage every one rush to get priority. So that's why countries with Beveridge systems use queuing to ration care.

Question 2: False.

Queuing increases wait times and care to people's does not get on timely manner because of long queuing and cost less care, lot's of and majority of people's rush towards to grab such benefits.

Question 3: False.

As countries with Beveridge systems use queuing that leads to rational selection and care based on order of queuing (ie. First come, first will be served)

Question 4: True.

The Beveridge Model reduces moral hazard by having a universal, single payer system. Because this eliminates competition in the health care market and it leads to cost effective health care for all.

Here single tax payer is government (from collected income tax)


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