Exam 17: Reform of the Healthcare Market

Horizontal collaborative arrangements have been undertaken to integrate better control over the coordination of care across providers and institutions.

In terms of ability to control provider decision making, the "tightest" type of plan is the

In order to achieve desired outcomes and costs, managed care focuses on efforts to

An example of an insurance premium subsidy provided by government to individuals who purchase insurance is the income tax deduction for employer-paid health insurance premiums.

The introduction and diffusion of medical technologies are expected to continue or even increase in the future.

In the state of information symmetry, one group of individuals potentially engaged in a transaction has better information than another group potentially engaged in the transaction..

Why is it usually very difficult to measure the impact that a new technology has on the costs of health care?

The use of electronic health records (EHRs) will decrease the

In the health insurance markets, the term healthcare reform refers to specific ways to make the markets perform more like a competitive market.

Explain how bundled (episode-based) payment impact the incentives to providers

Explain why individual or small-group insurance tends to be more expensive than large-group insurance.

What has been an initial reaction in the hospital industry to the pressures to cut costs, improve quality, and prepare for fundamental change in how health care is provided, financed, and consumed.

The Patient Protection and Affordable Care Act (ACA) stipulates that insurance premiums cannot vary because of:

Only hospitals and physicians are facing tremendous pressure to cut costs, improve quality, and prepare for fundamental change in how health care is provided, financed, and consumed.

Contrast the incentives for resource use faced by a physician under a salary, under fee-for-service compensation, and under capitation.

Because the health care industry represents such a substantial portion of economic activities, it both impacts and is impacted by the general economy.