Answers - LSUSHS
Which of the following is the result of providers having more information about
treatment alternatives than their patients do?
Principal-agent problem.
The number one cause of death in the United States was ______ in the 1980. By
2018, it was _____.
Heart disease ; heart disease
One result of asymmetric information in health insurance markets is:
Adverse selection.
Research associates obesity with a higher risk of all the following conditions
except:
Type 1 Diabetes.
, The accompanying diagram depicts the relationship between health status &
medical care spending for particular country. Assume the current spending level
is S1 on TP1. All of the statements below are true?
S1 levels of spending are often described as spending on the flat of the curve.
According to Grossman (1972), how is the demand for medical care determined?
It is derived from the demand for health.
All of the following statements are true regarding social insurance, except:
It is usually experience-rated, with premiums based on ability to pay.
The goal of health insurance is to:
Collect sufficient premiums to cover all possible losses.
The nature of health care delivery will be different in the future due to:
A rising percentage of eldering in the total population.
A physician's ability to induce demand is greatly enhanced when: