In: Economics
QUESTION 5
Health systems focused on promoting equity typically have purely private insurance markets.
True
False
QUESTION 6
Insurance mandates do little to combat the problem of adverse selection.
True
False
QUESTION 7
Cost-sharing is used to combat moral hazard at the expense of equity.
True
False
QUESTION 8
Queues can help to equitably reduce moral hazard.
True
False
QUESTION 9
Prospective payment systems align the interests of doctors and their patients.
True
False
QUESTION 10
There is no such thing as “too much competition” in the private hospital market.
True
False
Ans5) FALSE
Private insurance markets results in some uninsurance, which results in some members of society without affordable access to health care
Ans6) False
Even robust customers who would prefer to opt out are legally required to buy into the system.it
Ans7) true
Ans8) True
Ans9) False
Ans10) False
Too much competition can be a problem in hospital markets due to information asymmetries between doctors and patients, and the ubiquity of insurance.