Exam 19: Healthcare Economics and Policy

Because public goods are jointly consumed, which of the following is obtained by summing the private marginal benefits across all individuals?

As Grossman posits, on a micro level, __________________ is one way of modifying the incidence and effect of ill health and disease as it interacts with other determinants of health production.

What is the term of the following definintion. -Employs primary care physician gatekeepers who authorize any health care offered by the preferred provider network.

Incorporating the __________________ into the analysis of the supply of physicians led to an approach that focused on returns over the lifetime in training rather than current earnings.

Which of the following is authorized under the Affordable Care Act and coordinates the pilot projects that focus on the financial alignment of provider and payment incentives to provide accessible, high-value health care?

Product differentiation is a result of which of the following?

Which of the following are reasons why there has been a noticeable decrease in the amount of employers that are willing to pay for insurance premiums over the past 20 years?

On both the population and individual perspectives, the health status of the U.S. population is excellent with decreasing incidence and prevalence of chronic disease across the life span and relatively low infant mortality rates.

What is the term of the following definintion. -Have lower price elasticities because these goods are used jointly.

Which of the following would be exhibited if a doubling of output can be achieved without doubling all the inputs?

Good weather increases quantity supplied at every price, causing a rightward shift in the supply curve.

What is the term of the following definintion. -Recognizes that choices are made incrementally and optimal decision making is based on the incremental benefits and the costs of an alternative.

What is the term of the following definintion. -Charges for each service received by the patient separately and provides an incentive for care providers to offer more treatments because payment is dependent on the quantity rather than on the quality.

Because one's productivity in the workplace is likely to be affected by one's health, investment in health could increase earnings to the extent that one might spend money on health care without reducing his or her consumption of other goods.

The implication of ______________________ is that the choices made are optimal for achieving the intended goals of the producer or consumer.

Which of the following means that a third-party payer agrees to steer individuals insured on their plans to selected providers and, in turn, the selected providers charge lower prices to insurers?

What is the main reason why physicians believe they are not fairly compensated?

What type of private insurance increases the subscriber's choice of provider and improves access to services financially or through an increased approved network of providers?

American healthcare surveys have found that the majority of consumers rate their health care as "excellent" or "very good." Those consumers who demonstrated poorer ratings tend to suffer from which of the following?

With which of the following are patients able to choose freely because there are no gatekeepers restricting the choices, but there is a clear financial incentive to stay within the network?