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Define "Fee-for-Service" and explain how it affects providers' incentives, fees and overall utilization.

Define "Fee-for-Service" and explain how it affects providers' incentives, fees and overall utilization.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Define "Fee-for-Service" and explain how it affects providers' incentives, fees and overall utilization. ! A- BI Ff - T: Fee-for-service the traditional payment method for medical care in which a provider bills for each each service provided. In fee for services prviders need to pay for each treatment done by the physician so it result in physician may provide more treatments to get more income. III
Transcribed Image Text:Define "Fee-for-Service" and explain how it affects providers' incentives, fees and overall utilization. ! A- BI Ff - T: Fee-for-service the traditional payment method for medical care in which a provider bills for each each service provided. In fee for services prviders need to pay for each treatment done by the physician so it result in physician may provide more treatments to get more income. III
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