Question

In: Economics

In this chapter we identify several reasons that might explain why health care costs have risen...

In this chapter we identify several reasons that might explain why health care costs have risen so rapidly.Complete the following statements:

a) Compared the rest of the nation, health care costs for a state with a young population would be

  • higher because young people need regular care.

  • lower because young people are generally healthier.



b) If workers were forced to pay income taxes on the value of their employer-provided health care benefits, then the growth rate of health care costs would

  • fall because workers would share some costs with employers.

  • rise because workers would share some costs with employers.



c) If we could identify the health care practices that don’t work, then health care costs would

  • rise since more effective practices would be put to use.

  • fall since more effective practices would be put to use.



d) If patients were forced to pay more of their medical bills, that would worsen the

  • poverty uncertainty problem.

  • health care uncertainty problem.

  • retirement poverty problem.

  • health care poverty problem.

Solutions

Expert Solution

A :- lower because young people are generally healthier

B:-rise because workers would share some cost with employer

C :- rise since more effective practices would be put to use

D :- health care uncertainty problem


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