Question

In: Economics

QUESTION 5 Health systems focused on promoting equity typically have purely private insurance markets. True False...

QUESTION 5

  1. Health systems focused on promoting equity typically have purely private insurance markets.

    True

    False

QUESTION 6

  1. Insurance mandates do little to combat the problem of adverse selection.

    True

    False

QUESTION 7

  1. Cost-sharing is used to combat moral hazard at the expense of equity.

    True

    False

QUESTION 8

  1. Queues can help to equitably reduce moral hazard.

    True

    False

  

QUESTION 9

  1. Prospective payment systems align the interests of doctors and their patients.

    True

    False

QUESTION 10

  1. There is no such thing as “too much competition” in the private hospital market.

    True

    False

Solutions

Expert Solution

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.


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