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

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Suggest several reasons why health care spending is higher in the U.S. than in other countries....

Suggest several reasons why health care spending is higher in the U.S. than in other countries. Is the fact that the U.S. population spends more per capita on health care than people in other developed countries evidence of a failure of the U.S. system?

The Discussion article U.S. Health Care from a Global Perspective, 2019: Higher Spending, Worse Outcomes? and...

The Discussion article U.S. Health Care from a Global Perspective, 2019: Higher Spending, Worse Outcomes? and address the following criteria and post your response. Your assessment of the status of the US healthcare system Pick 2 of the Utilization metrics and use the graphs to demonstrate your understanding of the problem Present a recommended course of action that policy makers can take to address both metrics that you chose

What influences does public health have on the U.S. health care system? Provide both positive and...

What influences does public health have on the U.S. health care system? Provide both positive and negative examples.

What are some of the problems with U.S. health care policy? How was the Affordable Care...

What are some of the problems with U.S. health care policy? How was the Affordable Care Act (ACAA) designed to address these problems? Why have many conservatives been opposed to the ACA? How would you assess the impact of the ACA so far?

As you see it, what political and economic factors have changed the U.S. health care system...

As you see it, what political and economic factors have changed the U.S. health care system from its humble beginnings of domestic medicine and lay healers to one of the most technologically advanced health care systems in the world?

U.S. health care spending grew 3.6 percent in 2013, reaching $2.9 trillion or $9,255 per person....

U.S. health care spending grew 3.6 percent in 2013, reaching $2.9 trillion or $9,255 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 17.4 percent. Using the above information and other information you will be directed to below, do the following: Define the economic principle of opportunity cost. Locate current GDP expenditures and express the percentages in a graph or a chart. Explain whether spending 17.4% of GDP is too much or too little...

What are the needs driving the development of integrated health care delivery systems (IDS)? What benefits...

What are the needs driving the development of integrated health care delivery systems (IDS)? What benefits directly apply to the provision of allied health care services? What limitations exist at present that could be improved, and how so?

What is the role of government in financing of the U.S. health care? How is this...

What is the role of government in financing of the U.S. health care? How is this role determined?

1. Which of these is not one of the driving forces of health care finance and...

1. Which of these is not one of the driving forces of health care finance and managed care? Group of answer choices A.Cost Reimbursement B.Managing Dollars and Resources to reduce C.Costs Managing Risk or Shifting the risk to others D. Law of Large Numbers and Leverage 2. What type of financial statement documents and tracks how cash is created and the expenditures made within a specific period of time using that cash? Group of answer choices A. Cash Flow Statement...

what else could contribute to the increasing costs of health care? Is it something organic that...

what else could contribute to the increasing costs of health care? Is it something organic that can't be managed, or something that is man-made? If it is man-made, what do you suggest could be done to control for inflation? NEEDS TO BE 200 -300 WORDS. HEALTH CLASS

Subjects