True or False: 1. Technological advances in providing health care have generally decreased total health care spending

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True or False:
1. Technological advances in providing health care have generally decreased total health care spending in those areas.
2. Insurance lowers the cost to patients of getting “the best possible” care.
3. Economies of scale in health care can limit the number of health care providers in an area.
4. Far more Canadian doctors migrate to the United States than the number of American doctors migrating to Canada.
5. Price controls on medical care cause surpluses of health care.
6. Health savings accounts allow people to set aside tax-free dollars to pay for medical care.
7. Traditional insurance, unlike health savings accounts, is portable, so that workers can take it with them when they change jobs.
8. The demand for health care is thought to be highly elastic.
9. Only about 5 million people in the United States have no health insurance.

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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