Question

In: Economics

What is (are) Driving U.S. Health Care Spending? A. Suppliers have increasing leverage to negotiate higher...

What is (are) Driving U.S. Health Care Spending?

A. Suppliers have increasing leverage to negotiate higher wages and fees

B. Lower Copayment/coinsurance decreases the cost to the consumer and may incentivize/ raise usage (Moral Hazard)

C. A mix of price (P) and use (Q)

D. All of the above.

E. None of the above

Solutions

Expert Solution

Answer = correct option is D

Driving US health care spending include=

  • Suppliers increase leverage in order to negotiate higher wages and fees
  • Lower co-payment or coinsurance decrease cost of Consumer and may increase usage
  • It is a mix of price and use

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