Question 35(2.5 points)

Why can a third-party payer face a much lower level of risk than an individual consumer?

Question 35 options:

It can more efficiently produce outputs.

It receives support and funding from the government.

It can pool its risk among various subscribers by operating on a large scale.

It's more capable of using economies of scale in getting the inputs needed for production and distribution.

Question 36(2.5 points)

Proponents of _______ have used this market-based principle to support the plan to provide insurance coverage to all working Americans and their dependents.

Question 36 options:

individual mandates

a single-payer system

employer mandates

universal healthcare access

Question 37(2.5 points)

A market-based system relies more heavily on the _______ mechanism as a rationing device.

Question 37 options:

supply-and-demand

patient

price

safe harbor

Question 38(2.5 points)

Human errors that lead to damage done to patients may lead to _______, which is a wrongful act that leads to civil legal liability.

Question 38 options:

nonacute care

tort

sin tax

risk pooling

Question 39(2.5 points)

What may explain the unwillingness to sustain the agenda of building the health systems?

Question 39 options:

Global financial crises

Value-drive healthcare

X-inefficiency

Evidence-based medicine

Question 40(2.5 points)

Why doesn't the rising number of uninsured Americans concern advocates of the market approach?

Question 40 options:

They see it as a failure of the government to correct market imperfections.

They believe the uninsured Americans are just trying to manipulate the system.

They aren't interested in ideas that don't involve maximizing profits.

They believe the rising number of uninsured is just part of the process.