Indicate whether it is true or false and provide an explanation for your answer in one or two sentences. 1. The Beveridge model uses queues or waiting lists to ration care, rather than prices. 2. Queuing is never optimal because it increases wait times and provides no associated benefit. 3. Adverse selection is a downside of the Beveridge model. 4. The Beveridge Model reduces moral hazard by having a universal, single payer system. 5. There are no out-of-pocket costs (i.e., coinsurance, copayments, deductibles, etc.) for patients being treated in the Beveridge system, at least for most types of care. 6. Sickness funds in Bismarck health care systems are publicly administered and financed 7. The Bismarck Model in Germany emphasizes equity over choice. 8. Patients in Bismarck health care systems are charged premiums based on their risk rating. 9. Bismarck nations tend to have higher national health care expenditures than Beveridge countries. 10. Even though it is illegal for sickness funds to deny coverage to individuals, insurers still often engage in risk selection.