Exam 5: The Economics of Health Care

Health insurance markets have a problem with insuring people who are "poor health risks" while many people who are "good health risks" do not buy insurance.This problem is an example of

Because of the ________ of vaccinations,economic efficiency would be improved if more people were vaccinated.

Replacing employment-based health care with a government-run system could reduce employers payments for their workers insurance,but the amount that they would have to pay in overall compensation

In the United States from 1981 to 2015,deaths from diabetes increased largely due to the effects of

In the United States in 2016,the percentage of people that directly purchased an individual or family health insurance policy from an insurance company was about

Some economists have proposed making the tax treatment of employer-provided health insurance the same as the tax treatment of individually purchased health insurance and out-of-pocket health care spending.Such changes would make it more likely that

In 2016,infant mortality in the United States was ________ per 1,000 live births.

What has happened to health care's share of gross domestic product in the United States since 1965? How does this compare to what has happened to out-of-pocket spending on health care as a percentage of all spending on health care?

A majority of people in the United States have private health insurance.

In the United States since 1900,life expectancy at birth has ________ and the death rate has ________.

If a doctor knows that an insurance company will pay for most of a patient's bill,the doctor has more of an incentive to require additional medical procedures and tests,even if the patient may not require them.This is an example of

Vaccinating people against a communicable disease such as influenza not only reduces the chances that the person vaccinated will catch the disease but also reduces the probability that an epidemic of the disease will occur.Which of the following statements is true?

Life expectancy at birth in the United States has more than doubled since 1850.

The cost of group health insurance is lower than if an individual buys a policy on his own because

Doctors have ________ incentive to control their costs when consumers ________ for a visit to the doctor's office.

The increase in the number of surgeries performed outside hospitals will tend to shift the ________ curve for medical services to the ________.

Identify the 6 main provisions of the Patient Protection and Affordable Care Act (ACA).

In the United States in 2016,the percentage of people with private health insurance was about

What is adverse selection?

How do current tax laws in the United States favor employer-based health care insurance?