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

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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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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