ce in the sense of socializing risk? a. A dental insurance policy that pays for two check-ups a year but nothing else. b. A comprehensive health care policy that essentially pays for everything including check ups but is very expensive c. A health care policy that is relatively inexpensive but only pays for medical expenses after a $2,000 annual deductible is met.  After $2,000 the policy pays 100 percent

Q: There is considerable evidence that societies that spend more on social services – housing, income…

A: Some societies spend more on social services like housing, income support, transportation etc. and…

Q: What percentage of its GDP does the United States spend on health care?a. 5 percentb. 13 percentc.…

A: Answer is given below

Q: Take a look at how the different healthcare systems around the world works. How would you advise…

A: There are some activities of healthcare that differently works around the world are the following:…

Q: The government can help solve the problem of adverse selection in each of these ways EXCEPT: a.…

A: Adverse selection refers to a situation in which one party involved in a transaction has access to…

Q: Economics 1. Does the demand for healthcare services vary in size with the affordable costs? 2.)…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which method would you use to evaluate a new medication based only on the cost? Cost effectiveness…

A: Cost-based analysis: Cost-based analyses are done by the systematical derivation and analysis of net…

Q: caveat emptor'

A: Caveat Emptor is a latin term that means keep the buyer beware

Q: Preventive care is not always cost-effective. Suppose that it costs $100 per person to administer a…

A: Part a) providing a $100 exam to 100 citizens will be a sum of $10,000 (=100*$100). If 15% of the…

Q: Draw a supply and demand graph which describes healthcare in a society where all healthcare is…

A: As shown in the diagram the downward sloping curve represents the demand curve of healthcare and the…

Q: What is the Market economic Structure of health care and how does market structure impact business…

A: Market structure:- Market structure can be explained as how diverse businesses are split and defined…

Q: why

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: 19. Providing full medical student loan forgiveness for all physicians who agree to practice for at…

A: Health economics deals with issues related to efficiency, effectiveness, value and behavior in the…

Q: What are the pro and cons of National Health Service and National Health Insurance when controlling…

A: The healthcare industry is the industry that deals with disease prevention and cure and treatment of…

Q: The decline in hospital days per 10,000 population between 1980 and 2007 reflects:   A. An…

A: Hi, thank you for the question. As per our Honor code, we are allowed to attempt only the first…

Q: Answer the following questions: a. Some health analysts believe that physicians try to increase…

A: Healthcare alludes to the support or improvement of health through the prevention, diagnosis,…

Q: Please give typed solution, don't use handwriting or notebook for solution. Todd is driving his SUV…

A: If you own a car and are concerned aboutt the medical bills in case of an accident and you have a…

Q: Which of the following best describes the term annual health insurance deductible?   A. the amount…

A: A deductible is a sum that a policyholder needs to pay before the insurance agency begins paying.…

Q: Why are the various forms of e- and m-commerce important in health care? Be sure to include the…

A: E-commerce is determined by the performance of business activities with the usage of the internet.…

Q: What steps can an individual take to become active in shaping economic legislation or policies that…

A: The healthcare industry is a complex and ever-evolving landscape, and its trajectory is…

Q: In 3-4 pages in APA style making sure to provide citations and references with peer reviewed…

A: Affordable Care Act (ACA):The Affordable care Act, often referred to as Obamacare, is a…

Q: Conrad is an architect who has just been sued because a building he helped design has collapsed and…

A: General Liability Insurance:General liability insurance is a type of insurance policy that provides…

Q: The graph to the right illustrates Isabel's preferences for milk and ice cream using indifference…

A: The utility function displays all commodity bundles with the same utility level. The indifference…

Q: 26) If an employee receives health insurance through his or her employer, the employer A) still…

A: Medicare and Medicaid are government-related programs that fall under the realm of 'Public…

Q: Question 4 of 6. Which of the following individuals may qualify for a health savings account (HSA)?…

A: Health saving account is a saving account which is  maintained for future or unforeseen health…

Q: How much is Jane’s deductible?  What percentage of the bill does Jane’s health care plan pay once…

A: When Jane hasn't reach her deductible, then:- Office costs= $125 Jane pays= $125 Her plans pays= $0…

Q: In the US, private health insurance is usually purchased by groups rather than individuals. For…

A: In the United States, private health insurance is primarily purchased through group plans rather…

Q: What can be done to ensure that Medicare does NOT run out of money or that the plan stays…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If…

Q: 28. Which of the following is a moral demand in an ethic of care?a. We should respond in a way that…

A: d. We should respond positively to the needs, values, and well-being of others.Explanation:Approach…

Q: There are 2 opposing philosophies that dictate many attitudes toward healthcare in the United…

A: In the united states, there are normally opposing philosophies that influence attitudes toward…

Q: 1. If the number of people with insurance increases, then what will most likely occur? a. a. a. a.…

A: Insurance is a risk management that protects people from unforeseen events in the future. For…

Q: Take a look at the following "5 Bipartisan Recommendations" video:…

A: Public economics' primary area of study is how the government affects the economy. Economists that…

Q: For each of the following kinds of insurance, give anexample of behavior that can be called moral…

A: Insurance is a tool that individuals and businesses use to protect themselves from the financial…

Q: 4. What kind of liability insurance protects you now as an EMT and paramedic in your clinical sites?

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If…

Q: There are many ways to define and measure the benefits and costs that go into the GPI. How do you…

A: A biocentrist considers the whole influence of actions on living creatures, both human and nonhuman.…

Q: or a person who previously had no insurance and received an insurance plan paying for 80 percent of…

A: The cost of medical and surgical expenses incurred by the insured is roofed by insurance. The…

Q: Employer-provided private health insurance in the United States has resulted in:  A. incentives that…

A:

Q: $ Marginal Cost Marginal Benefit Q₂ Q₁ Quantity Refer to the diagram. Economists would argue that…

A: Demand curve(marginal Benefit curve) is downward sloping curve.  Supply curve (Marginal cost curve)…

Q: Why isn't healthcare just another good? A. Healthcare is an investment B. Healthcare suffers of…

A: The concept that depicts improvement or maintenance of health through diagnosis, treatment, or cure…

Q: one of the 6 reasons health care is so expensive in a USA?

A: Ans is :- [B] US population is too big

Q: What approaches to healthcare reform are morally acceptable, economically effective, and politically…

A: Providing a combination of private and government insurance is policy to fix the consumer failure of…

Q: The difference between retrospective versus prospective reimbursement is that:   a. Prospective…

A: Retrospective Payment Framework A framework wherein repayment is made to the supplier dependent on a…

Q: 1. An article in the Economist observes: "Insurance companies often suspect the only people who buy…

A: Insurance is a type of risk management that involves the transfer of the risk of financial loss from…

Q: Because of the moral hazard problem, a-the government has increased incentive to regulate insurance…

A: The problem of moral hazard is the change in individual's behaviour when their risk is born by…

Moral Hazard

The moral is a person's behavior towards himself /herself, society, organization, and others. Hazard is something that is happening and is not good. A person may be morally good or bad. It depends on his attitude, ethics, integrity, and values. A person may have the highest reverence for money to that for the truth. In this case, the person may lie and it is said that the person is morally bad.